American Federal Savings and Loan Association

Status:Inactive as of 07/06/1990
 Merger - Without Assistance
Successor Bank:Mutual Community Savings Bank, SSB
Headquarters:American Federal Savings and Loan Association
701 East Market Street
Greensboro, NC 27401
Established:06/03/1959
FDIC Insurance:08/09/1989
FDIC Cert:#31099
Charter Class:
Total Assets:$19,156,000
Total Deposits:$17,275,000

History

1959-06-03Institution established: Original name:American Federal Savings and Loan Association
1990-07-06Merged into and subsequently operated as part of Mutual Savings and Loan Association (30118) in DURHAM, NC
1992-12-29Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to FEDERAL DEPOSIT INSURANCE CORPORATION
1992-12-29Changed organization type to MUTUAL SAVINGS BANK
1992-12-29Changed name to Mutual Community Savings Bank, SSB (30118)
1993-06-17Changed organization type to STOCK SAVINGS BANK
1995-09-30Acquired Greensboro National Bank (20534) in GREENSBORO, NC
2008-03-28Merged into and subsequently operated as part of Mechanics & Farmers Bank (12266) in DURHAM, NC