University Savings Association
Houston, TX
$3.2B
total assets, March 31, 1989
$3.2B
total assets, March 31, 1989
University Savings Association was a savings and loan in Houston, TX. It failed on Feb 14, 1989, and NCNB Texas National Bank took over its deposits. At its last report it held $4.5 billion in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1989
This bank failed
- Failed on
- Feb 14, 1989
- Assets
- $4.5B
- Deposits
- $3.8B
- Estimated cost
- $2.2B
- Deposits went to
- NCNB Texas National Bank, Dallas, TX
Total assets
$3.2B
-26.9% in a year · -28.8% in a quarter
Deposits
$3.7B
+6.3% in a year · -3.1% in a quarter
Loans
$1.6B
-41.7% in a year · -13.4% in a quarter
Profit so far
-$1.2B
Jan 1 to Mar 31, 1989 · -438660.0% in a year
Capital ratio
0.00%
0.00 pts in a year
Return on assets
-130.36%
-130.39 pts in a year
Facts
- Type
- Savings and loan
- Head office
- 1160 Dairy Ashford, Houston, TX, 77079
- County
- Harris
- Established
- Apr 20, 1954
- Failed
- May 25, 1989
- Id
- b30685
Quarter by quarter
March 31, 1984 to March 31, 1989
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is University Savings Association?
$3.2 billion in total assets and $3.7 billion in deposits as of March 31, 1989, with assets down 26.9% from a year before. Its loans were $1.6 billion.
Is University Savings Association profitable?
No: it lost $1.2 billion from January 1 to March 31, 1989. Its return on assets was -130.36% a year; about 1% is typical.
When did University Savings Association fail?
Feb 14, 1989. NCNB Texas National Bank of Dallas, TX took over its deposits. The estimated cost of the failure was $2.2 billion.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.