Briercroft Savings Association

Status:Inactive as of 05/31/1988
 Merger - Assisted
Successor Bank:Southwest Savings Association
Headquarters:Briercroft Savings Association
12710 Research Boulevard
Austin, TX 78759
Established:10/01/1953
FDIC Insurance:10/01/1953
FDIC Cert:#30641
Charter Class:
Total Assets:$867,484,000
Total Deposits:$658,575,000

History

1953-10-01Institution established: Original name:Briercroft Savings Association
1983-01-31Acquired Briercroft Savings Association (30630) in LUBBOCK, TX
1987-07-31Moved bank headquarters from LUBBOCK, TX to AUSTIN, TX
1988-05-31Acquired City Savings and Loan Association (30923) in SAN ANGELO, TX
1988-05-31Acquired Briercroft Savings Association in AUSTIN, TX
1988-05-31Acquired Lamar Savings Association (27750) in AUSTIN, TX
1988-05-31Acquired Stockton Savings Association (30946) in DALLAS, TX
1988-05-31Failed. Acquired with government financial assistance and subsequently operated as part of Southwest Savings Association (30592)
1990-05-18Placed into government conservatorship.
1990-06-15Failed. Acquired with government financial assistance and subsequently operated as part of Southwest Federal Savings Association (33084)
1990-06-15Institution established: Original name:Southwest Federal Savings Association (33084)
1991-07-26Acquired after government financial assistance and subsequently operated as part of Kilgore Federal Savings and Loan Association (29155)
1991-07-26Government conservatorship or bridge bank resolved.
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 Central Bank of the South (20024) in ANNISTON, AL
2009-09-11Acquired BBVA Bancomer USA (18255) in DIAMOND BAR, CA
2019-06-10Changed name to BBVA USA (19048)