BUFFALO S&LA Failed 1982
What happened
BUFFALO S&LA of HOUSTON, TX was closed on 1982-01-15. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to HOME SA OF AMERICA (LOS ANGELES, CA). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 629
- FDIC Certificate
- 31426
- FDIC FIN
- 1620
- Bank name
- BUFFALO S&LA
- Location
- HOUSTON, TX
- Failure date
- 1982-01-15
- FDIC resolution date
- 1982-01-15
- Charter type
- SL
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $25M
- Deposits at failure
- $124M
- Assets at failure
- $155M
- Acquiring bank
- HOME SA OF AMERICA (LOS ANGELES, CA)
Other banks HOME SA OF AMERICA acquired in FDIC resolutions