Home > Brownfield Federal Savings and Loan Association, A Federal Savings and L

Brownfield Federal Savings and Loan Association, A Federal Savings and L

Status:Inactive as of 06/22/1988
 Pass Through Receivership Merger
Successor Bank:Merabank Texas, FSB
Headquarters:Brownfield Federal Savings and Loan Association, A Federal Savings and L
201 West Broadway
Brownfield, TX 79316
Established:12/21/1985
FDIC Insurance:12/21/1985
FDIC Cert:#32448
Charter Class:
Total Assets:$39,858,000
Total Deposits:$47,994,000

History

1985-12-21Institution established: Original name:Brownfield Federal Savings and Loan Association, A Federal Savings and L
1986-01-01Acquired Brownfield Savings and Loan Association (30507) in BROWNFIELD, TX as part of a government assisted transaction.
1988-06-22Institution established: Original name:Merabank Texas, FSB (32592)
1988-06-22Acquired after government financial assistance and subsequently operated as part of Merabank Texas, FSB (32592)
1988-06-30Acquired First Financial A Savings Association of El Paso, Texas (30983) in EL PASO, TX
1988-08-26Acquired State Federal Savings and Loan Association of Lubbock, A Federal Savings (32449) in LUBBOCK, TX as part of a government assisted transaction.
1988-10-31Moved bank headquarters from BROWNFIELD, TX to EL PASO, TX
1989-03-31Changed organization type to STOCK SAVINGS BANK
1991-05-31Institution established: Original name:New MeraBank Texas, FSB (33425)
1991-05-31Placed into government conservatorship.
1991-05-31Failed, went into receivership, and then became part of New MeraBank Texas, FSB (33425)
1992-04-03Government conservatorship or bridge bank resolved.
1992-04-03Acquired after government financial assistance and subsequently operated as part of Bluebonnet Savings Bank FSB (32648)
1993-06-23Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
1996-08-12Moved bank headquarters from EL PASO, TX to DALLAS, TX
2003-10-31Closed voluntarily and liquidated its assets.