Data / Bank failures / Consolidated S&LA
Failed banks taken over by Consolidated S&LA: 15
Consolidated S&LA took over 15 failed banks between November 25, 1985 and December 22, 1988, holding $1.93 billion in assets and $2.95 billion in deposits. The FDIC estimates the cost to its insurance fund at $2.90 billion. The largest: Commodore Savings Association ($499.4 million), Home S&LA ($278.5 million), Vista Savings Association ($133.1 million).
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Every bank it took over, newest first
| Bank | City | State | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|---|
| Metroplex Federal Savings Association (assistance) | Hurst | TX | December 22, 1988 | $64.8 million | $66.9 million | $43.5 million | Consolidated S&LA |
| Reliance Savings Association (assistance) | Houston | TX | December 22, 1988 | $41.5 million | $55.8 million | $59.9 million | Consolidated S&LA |
| Southern Federal Banc S&LA (assistance) | Lancaster | TX | December 22, 1988 | $91.3 million | $166.1 million | $171.9 million | Consolidated S&LA |
| Interwest Savings Association (assistance) | Fort Worth | TX | December 22, 1988 | $109.4 million | $176.4 million | $168.4 million | Consolidated S&LA |
| Vista Savings Association (assistance) | Odessa | TX | December 22, 1988 | $133.1 million | $148.5 million | $122 million | Consolidated S&LA |
| Sentry Savings Association (assistance) | Slaton | TX | December 22, 1988 | $87 million | $151.5 million | $156 million | Consolidated S&LA |
| First FS&LA (assistance) | Big Spring | TX | December 22, 1988 | $129.3 million | $113.2 million | $73.8 million | Consolidated S&LA |
| Lamesa FS&LA (assistance) | Lamesa | TX | December 22, 1988 | $89.3 million | $80.7 million | $20.7 million | Consolidated S&LA |
| Commodore Savings Association (assistance) | Dallas | TX | December 22, 1988 | $499.4 million | $1.14 billion | $1.35 billion | Consolidated S&LA |
| First Western S&LA (assistance) | Colorado City | TX | December 22, 1988 | $83.4 million | $111.3 million | $72.1 million | Consolidated S&LA |
| Mesquite S&LA (assistance) | Mesquite | TX | December 22, 1988 | $47 million | $46.4 million | $18.8 million | Consolidated S&LA |
| Home S&LA (assistance) | Lufkin | TX | December 22, 1988 | $278.5 million | $394.7 million | $356.3 million | Consolidated S&LA |
| Mineral Wells S&LA (assistance) | Mineral Wells | TX | December 22, 1988 | $31.5 million | $34.8 million | $11.1 million | Consolidated S&LA |
| Northpark Savings Association (assistance) | Richardson | TX | December 1, 1988 | $126.6 million | $163.8 million | $163.2 million | Consolidated S&LA |
| Hi-Plains S&LA (assistance) | Hereford | TX | November 25, 1985 | $114.6 million | $100.5 million | $112.6 million | Consolidated S&LA |
Other acquiring banks
- NCNB Texas National Bank 66
- Texas American Bridge Bank 24
- Bank One, Texas, N.A. 20
- First State Bank 18
- Kilgore FS&LA 16
- The First National Bank of 16
- Hibernia National Bank in T 15
- Citizens Bank 12
- State Bank and Trust Company 12
- Deposit Guaranty Bank 11
- First Bank 11
- Olney S&LA 11
- U.S. Bank, NA 11
- American Federal Bank FSB 10
- Ameris Bank 10
- Central Bank 9
- First-Citizens Bank & Trust Company 9
- Home Sa of America 9
- Citizens State Bank 8
- Community & Southern Bank 8
- First American Bank 8
- Bank of the Ozarks 7
- Centennial Bank 7
- Channelview Bank 7
- Hibernia National Bank 7
- Pacific Southwest SB FSB 7
- Premier American Bank, National Association 7
- Texas Commerce Bank NA 7
- Bank One, Texas, National A 6
- Comerica Bank-Texas 6
- First FSB 6
- First National Bank 6
- Horizon FS&LA 6
- Household Bank FSB 6
- Republic Bank of Chicago 6
- Sunbelt Savings FSB 6
- 1ST United Bank 5
- American National Bank 5
- Anchor Savings Bank FSB 5
- Centerstate Bank of Florida, National Association 5
Read from the FDIC's failures data (BankFind), last updated 2026-10-23. Assets and deposits are as of the last report before failure; the estimated cost is the FDIC's latest estimate of the loss to its insurance fund and changes as the receivership winds down. Free to reuse with credit to SpecStream under CC BY 4.0.