American Savings and Loan Association, FA

Status:Inactive as of 1990-06-08
 Pass Through Receivership Merger
Corrections
Conservatorship Institution Resolved
Successor Bank:Gulf Coast Bank and Trust Company
Headquarters:American Savings and Loan Association, FA
200 St. Charles Avenue
New Orleans, LA 70130
Established:1989-08-07
FDIC Insurance:1989-08-07
FDIC Cert:#33063
Charter Class:Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
Total Assets:$52,109,000
Total Deposits:$62,730,000

History

1989-08-07Institution established: Original name:American Savings and Loan Association, FA
1990-06-08Institution established: Original name:Gulf Coast Bank and Trust Company (32974)
1990-06-08Government conservatorship or bridge bank resolved.
1990-06-08Acquired American Savings and Loan Association (27755) in NEW ORLEANS, LA
1990-06-08Acquired American Savings and Loan Association, FA in NEW ORLEANS, LA
1990-06-08Acquired after government financial assistance and subsequently operated as part of Gulf Coast Bank and Trust Company (32974)
1990-06-22Acquired Central Savings and Loan Association, F.A. (33000) in NEW ORLEANS, LA
1991-09-27Acquired Southern Federal Savings Bank (33267) in NEW ORLEANS, LA
1997-04-10Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED