Citizens Federal Savings Association

Status:Inactive as of 04/29/1994
 Pass Through Receivership Merger
Conservatorship Institution Resolved
Successor Bank:The Gordon Bank
Headquarters:Citizens Federal Savings Association
930 University Boulevard
Jacksonville, FL 32211
Established:10/16/1991
FDIC Insurance:10/16/1991
FDIC Cert:#33518
Charter Class:
Total Assets:$21,248,000
Total Deposits:$29,188,000

History

1991-10-16Institution established: Original name:Citizens Federal Savings Association
1991-10-16Acquired Citizens Federal Savings Bank (32615) in JACKSONVILLE, FL
1994-04-29Institution established: Original name:The Gordon Bank (33904)
1994-04-29Acquired The Gordon Bank (16465) in GORDON, GA
1994-04-29Acquired after government financial assistance and subsequently operated as part of The Gordon Bank (33904)
1994-04-29Government conservatorship or bridge bank resolved.
1997-01-01Moved bank headquarters from JACKSONVILLE, FL to GORDON, GA
2004-07-30Changed institution class to INSURED COMMERCIAL BANKS, STATE, NOT MEMBERS OF THE FRS
2004-07-30Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to FEDERAL DEPOSIT INSURANCE CORPORATION
2010-10-22Failed. Acquired with government financial assistance and subsequently operated as part of Morris Bank (17910)
2019-05-01Acquired Farmers & Merchants Bank (16673) in STATESBORO, GA

Financial Information (1993-12-31 and Older)