Bannerbanc Savings Association

Status:Inactive as of 01/04/1990
 Absorption - Assisted
Institution Enters Conservatorship
Successor Bank:BannerBanc Federal Savings and Loan Association
Headquarters:Bannerbanc Savings Association
800 West Garland Ave
Garland, TX 75040
Established:01/01/1957
FDIC Insurance:08/09/1989
FDIC Cert:#30995
Charter Class:
Total Assets:$46,028,000
Total Deposits:$55,588,000

History

1957-01-01Institution established: Original name:American Home Savings Association of Texas
1985-07-31Changed name to Bancamerican Savings Association
1990-01-04Institution established: Original name:BannerBanc Federal Savings and Loan Association (32858)
1990-01-04Failed, went into receivership, and then became part of BannerBanc Federal Savings and Loan Association (32858)
1990-01-04Placed into government conservatorship.
1990-09-28Government conservatorship or bridge bank resolved.
1990-09-28Acquired after government financial assistance and subsequently operated as part of Colonial Savings and Loan Association (31361)
1991-12-04Moved bank headquarters from GARLAND, TX to FORT WORTH, TX
1991-12-04Changed name to Colonial Savings and Loan Association, f.a. (31361)
1993-01-01Acquired Colonial National Bank (25700) in FORT WORTH, TX
1993-01-22Change trust powers from TRUST POWERS NOT GRANTED to LIMITED TRUST POWERS GRANTED
1993-02-18Changed name to Colonial Savings, F.A. (31361)
2011-07-21Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to COMPTROLLER OF THE CURRENCY