Data / Bank failures / 1989 / Heritage Banc Savings
Heritage Banc Savings, Duncanville, TX: failed April 6, 1989
Heritage Banc Savings in Duncanville, Texas, failed on April 6, 1989. NCNB Texas National Bank of Dallas, TX, took over its deposits. It held $177.7 million in assets and $146.4 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $87.1 million (49% of its assets). By assets it was the 143rd largest of 534 banks closed or assisted in 1989.
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The FDIC's record
- Closed
- April 6, 1989
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- NCNB Texas National Bank, Dallas, TX
- Total assets
- $177,727,000
- Total deposits
- $146,382,000
- Estimated cost to the FDIC
- $87,062,073 (estimate as of July 31, 2026)
- Charter
- Savings and loan association
- Insurance fund
- RTC
- FDIC certificate
- 31334
Other bank failures in Texas, 1987 to 1991
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Alvarado National Bank | Alvarado | November 14, 1991 | $9.2 million | $9.5 million | $2.8 million | The First National Bank in |
| Union Bank | San Antonio | October 31, 1991 | $84.9 million | $85.2 million | $8.9 million | Channelview Bank |
| First National Bank, Bedford | Bedford | October 24, 1991 | $23.2 million | $23.3 million | $2.4 million | First International Bank |
| First Federal Savings | Lubbock | October 11, 1991 | $223.7 million | $222.5 million | $5.2 million | First NB of Lubbock |
| Reagan State Bank | Big Lake | October 3, 1991 | $20.3 million | $20.9 million | $4.6 million | Security State Bank |
| First Federal Savings | Beaumont | September 27, 1991 | $251.2 million | $251.7 million | $24.9 million | Kilgore FS&LA |
| Davy Crockett FS & La | Crockett | September 13, 1991 | $50.5 million | $48.3 million | $2.3 million | |
| The San Saba National Bank | San Saba | August 29, 1991 | $15.6 million | $15.5 million | $1.1 million | First Llano Bank |
Other failed banks NCNB Texas National Bank took over
| Bank | City | State | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|---|
| NBC Bank-Kerrville, National Assoc | Kerrville | TX | June 1, 1990 | $26 million | $30.8 million | $4.2 million | NCNB Texas National Bank |
| NBC Bank-Austin, National Assoc | Austin | TX | June 1, 1990 | $33.8 million | $41.8 million | $5.8 million | NCNB Texas National Bank |
| NBC Bank-Houston, National Assoc | Houston | TX | June 1, 1990 | $186.2 million | $284.6 million | $116 million | NCNB Texas National Bank |
| NBC Bank-Uvalde, National Assoc | Uvalde | TX | June 1, 1990 | $35.1 million | $36.2 million | NCNB Texas National Bank | |
| NBC Bank-Boerne, National Assoc | Boerne | TX | June 1, 1990 | $53.8 million | $57.1 million | $295,874 | NCNB Texas National Bank |
| NBC Bank-Rio Grande Valley, NA | Mission | TX | June 1, 1990 | $138.7 million | $135.2 million | NCNB Texas National Bank | |
| NBC Bank-Seguin, National Assoc | Seguin | TX | June 1, 1990 | $63.8 million | $68.3 million | $5.6 million | NCNB Texas National Bank |
| NBC Bank-San Antonio, National Assoc | San Antonio | TX | June 1, 1990 | $938.2 million | $877.6 million | $66.1 million | NCNB Texas National Bank |
All bank failures in 1989 · All bank failures in Texas · Every failed bank NCNB Texas National Bank took over · The full failed bank list
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.