# FIRST FINANCIAL FS&LA

> **Failed bank** · BELLAIRE, TX · failed 1981-07-10 · SL · FDIC cost $2M

## What happened

FIRST FINANCIAL FS&LA of BELLAIRE, TX was closed by state regulators on **1981-07-10**. The FDIC was named receiver.

**Resolution:** A/A

Deposits were transferred to **SOUTH TEXAS SAVINGS ASSN** (VICTORIA, TX). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 599
- **FDIC Certificate:** 31754
- **FDIC FIN:** 0
- **Bank name:** FIRST FINANCIAL FS&LA
- **Location:** BELLAIRE, TX
- **Failure date:** 1981-07-10
- **FDIC resolution date:** 1981-07-10
- **Charter type:** SL
- **Resolution type:** A/A
- **Estimated FDIC DIF cost:** $2M
- **Deposits at failure:** $5M
- **Assets at failure:** $6M
- **Acquiring bank:** SOUTH TEXAS SAVINGS ASSN (VICTORIA, TX)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=FIRST%20FINANCIAL%20FS%26LA

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST FINANCIAL FS&LA (FDIC ID 599), failed 1981-07-10. Retrieved via AI Analytics 2026-05-16 from https://api.ai-analytics.org/failed-bank/599.

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