Augusta Federal Savings Bank
Status: | Inactive as of 04/26/1991 |
Absorption - Assisted Institution Enters Conservatorship | |
Successor Bank: | Augusta Federal Savings Association |
Headquarters: | Augusta Federal Savings Bank 420 N Howard St Baltimore, MD 21201 |
Established: | 01/01/1922 |
FDIC Insurance: | 08/09/1989 |
FDIC Cert: | #29819 |
Charter Class: | Savings banks, state charter, supervised by the FDIC |
Total Assets: | $151,333,000 |
Total Deposits: | $132,558,000 |
History
1922-01-01 | Institution established: Original name:Augusta Savings and Loan Association Incorporated | |
1987-12-31 | Changed organization type to MUTUAL SAVINGS BANK | |
1987-12-31 | Changed name to Augusta Federal Savings Bank | |
1991-04-26 | Institution established: Original name:Augusta Federal Savings Association (33391) | |
1991-04-26 | Placed into government conservatorship. | |
1991-04-26 | Failed, went into receivership, and then became part of Augusta Federal Savings Association (33391) | |
1992-03-20 | Government conservatorship or bridge bank resolved. | |
1992-03-20 | Ceased operations as a result of a government supervised payoff, liquidation, or closing. No active institution received any of its deposits. |