Freedom Federal Savings and Loan Association

Status:Inactive as of 02/16/1990
 Absorption - Assisted
Institution Enters Conservatorship
Successor Bank:Freedom Savings Association, F.A.
Headquarters:Freedom Federal Savings and Loan Association
2939 Kenny Road
Columbus, OH 43221
Established:01/01/1890
FDIC Insurance:06/01/1935
FDIC Cert:#27850
Charter Class:
Total Assets:$360,378,000
Total Deposits:$311,944,000

History

1890-01-01Institution established: Original name:Freedom Federal Savings and Loan Association
1980-09-30Acquired Main Federal Savings and Loan Association (30044) in COLUMBUS, OH
1982-02-28Acquired Pioneer Federal Savings and Loan Association (31303) in ELYRIA, OH
1990-02-16Institution established: Original name:Freedom Savings Association, F.A. (32893)
1990-02-16Placed into government conservatorship.
1990-02-16Failed, went into receivership, and then became part of Freedom Savings Association, F.A. (32893)
1991-08-09Acquired after government financial assistance and subsequently operated as part of Household Bank, FSB (30971)
1991-08-09Government conservatorship or bridge bank resolved.
1992-03-20Acquired TrustBank Federal Savings Bank (33299) in TYSONS CORNER, VA
1993-08-06Acquired San Clemente Federal Savings Bank (33611) in SAN CLEMENTE, CA as part of a government assisted transaction.
1995-02-03Moved bank headquarters from COLUMBUS, OH to PROSPECT HEIGHTS, IL
1996-10-14Moved bank headquarters from PROSPECT HEIGHTS, IL to WOOD DALE, IL
1998-06-30Acquired Beneficial National Bank (17158) in WILMINGTON, DE
1998-06-30Acquired Beneficial Savings Bank, F.S.B. (19360) in TAMPA, FL
2000-02-08Acquired Orchard Federal Savings Bank (32009) in ONTARIO, OR
2003-01-30Closed voluntarily and liquidated its assets.