American Savings and Loan Association
Status: | Inactive as of 06/08/1990 |
Absorption - Assisted | |
Successor Bank: | Gulf Coast Bank and Trust Company |
Headquarters: | American Savings and Loan Association 200 St Charles Avenue New Orleans, LA 70130 |
Established: | 01/01/1883 |
FDIC Insurance: | 01/16/1936 |
FDIC Cert: | #27755 |
Charter Class: | |
Total Assets: | $61,122,000 |
Total Deposits: | $71,471,000 |
History
1883-01-01 | Institution established: Original name:American Savings and Loan Association | |
1989-08-07 | Placed into government conservatorship. | |
1990-06-08 | Institution established: Original name:Gulf Coast Bank and Trust Company (32974) | |
1990-06-08 | Acquired American Savings and Loan Association, FA (33063) in NEW ORLEANS, LA | |
1990-06-08 | Failed. Acquired with government financial assistance and subsequently operated as part of Gulf Coast Bank and Trust Company (32974) | |
1990-06-22 | Acquired Central Savings and Loan Association, F.A. (33000) in NEW ORLEANS, LA | |
1991-09-27 | Acquired Southern Federal Savings Bank (33267) in NEW ORLEANS, LA | |
1997-04-10 | Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED |