Atlanta Federal Savings and Loan Association

Status:Inactive as of 1990-08-31
 Absorption - Assisted
Institution Enters Conservatorship
Successor Bank:Atlanta Federal Savings Association
Headquarters:Atlanta Federal Savings and Loan Association
201 N Louise St
Atlanta, TX 75551
Established:1923-01-01
FDIC Insurance:1935-10-28
FDIC Cert:#29493
Charter Class:Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
Total Assets:$89,379,000
Total Deposits:$89,555,000

History

1923-01-01Institution established: Original name:Atlanta Federal Savings and Loan Association
1990-08-31Placed into government conservatorship.
1990-08-31Failed, went into receivership, and then became part of Atlanta Federal Savings Association (33156)
1990-08-31Institution established: Original name:Atlanta Federal Savings Association (33156)
1991-06-14Government conservatorship or bridge bank resolved.
1991-06-14Acquired after government financial assistance and subsequently operated as part of Kilgore Federal Savings and Loan Association (29155)
1991-07-26Acquired Southwest Federal Savings Association (33084) in DALLAS, TX
1991-08-02Acquired Texasbanc, FSB (32943) in CONROE, TX
1991-08-16Acquired Continental Savings, A Federal Savings and Loan Association (32616) in BELLAIRE, TX
1991-09-06Acquired First Savings and Loan Association, F.A. (33166) in TEMPLE, TX
1991-09-27Acquired First Federal Savings and Loan Association (27633) in BEAUMONT, TX
1992-02-01Merged into and subsequently operated as part of Guaranty Federal Savings Bank (32618) in DALLAS, TX
1992-03-09Changed name to Guaranty Federal Bank, F.S.B. (32618)
1992-05-13Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
1993-11-13Acquired American Federal Bank FSB (32597) in DALLAS, TX
1994-06-29Acquired First Federal Savings Bank (33295) in SAN ANTONIO, TX
1997-06-27Acquired Stockton Savings Bank, FSB (28674) in STOCKTON, CA
1999-06-30Acquired Hemet Federal Savings and Loan Association (28795) in HEMET, CA
2000-11-28Changed name to Guaranty Bank (32618)
2004-01-06Moved bank headquarters from DALLAS, TX to AUSTIN, TX
2009-08-21Failed. Acquired with government financial assistance and subsequently operated as part of Compass Bank (19048)
2009-09-11Acquired BBVA Bancomer USA (18255) in DIAMOND BAR, CA
2009-09-11Acquired Central Bank of the South (20024) in ANNISTON, AL