Capital-Union Savings FA

Status:Inactive as of 07/13/1990
 Absorption - Assisted
Institution Enters Conservatorship
Successor Bank:Capital-Union Federal Savings Association
Headquarters:Capital-Union Savings FA
339 Florida Boulevard
Baton Rouge, LA 70801
Established:01/01/1909
FDIC Insurance:08/09/1989
FDIC Cert:#28023
Charter Class:
Total Assets:$392,790,000
Total Deposits:$322,633,000

History

1909-01-01Institution established: Original name:Capital-Union Savings FA
1982-07-31Acquired L Acadien Federal Savings and Loan Association (31923) in NEW IBERIA, LA
1982-09-30Acquired Union Federal Savings and Loan Association (27758) in BATON ROUGE, LA
1990-07-13Placed into government conservatorship.
1990-07-13Failed, went into receivership, and then became part of Capital-Union Federal Savings Association (33163)
1990-07-13Institution established: Original name:Capital-Union Federal Savings Association (33163)
1991-06-21Government conservatorship or bridge bank resolved.
1991-06-21Ceased operations as a result of a government supervised payoff, liquidation, or closing. No active institution received any of its deposits.