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Data / Bank failures / Merabank Texas FSB

Failed banks taken over by Merabank Texas FSB: 2

Merabank Texas FSB took over 2 failed banks between December 20, 1985 and June 22, 1988, holding $1.17 billion in assets and $1.06 billion in deposits. The FDIC estimates the cost to its insurance fund at $1.19 billion. The largest: State S&LA of Lubbock ($841.6 million), First Financial A Savings Association of E ($325.7 million).

SpecStream is the live web data engine for teams and agents. It reads the FDIC failed bank data every morning, and this page is that reading. Ask for the banks you follow and each new closure arrives in your sheet, CRM, Slack or agent as the FDIC announces it.

Every bank it took over, newest first

BankCityStateClosedAssetsDepositsEstimated costAcquirer
First Financial A Savings Association of E (assistance)El PasoTXJune 22, 1988$325.7 million$248.1 million$43.1 millionMerabank Texas FSB
State S&LA of Lubbock (assistance)LubbockTXDecember 20, 1985$841.6 million$815 million$1.15 billionMerabank Texas FSB

Other acquiring banks

Read from the FDIC's failures data (BankFind), last updated 2026-10-24. 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.