FIDELITY FS & LA Failed 1991

AUSTIN, TX · SL · view on FDIC BankFind ↗

What happened

FIDELITY FS & LA of AUSTIN, TX was closed on 1991-07-12. The FDIC was named receiver.

Resolution: PO

Deposits were transferred to PAYOUT (NONE, NA). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
3142
FDIC Certificate
32223
FDIC FIN
2158
Bank name
FIDELITY FS & LA
Location
AUSTIN, TX
Failure date
1991-07-12
FDIC resolution date
1992-02-07
Charter type
SL
Resolution type
PO
FDIC DIF cost (est.)
$5M
Deposits at failure
$57M
Assets at failure
$67M
Acquiring bank
PAYOUT (NONE, NA)

Other banks PAYOUT acquired in FDIC resolutions