Citizens Security Bank, a Federal Savings Bank

Status:Inactive as of 03/22/1991
 Absorption - Assisted
Institution Enters Conservatorship
Successor Bank:Citizens Security Bank, F.A.
Headquarters:Citizens Security Bank, a Federal Savings Bank
516 North Deahl
Borger, TX 79007
Established:01/01/1979
FDIC Insurance:08/09/1989
FDIC Cert:#32175
Charter Class:Savings banks, state charter, supervised by the FDIC
Total Assets:$34,089,000
Total Deposits:$28,176,000

History

1979-01-01Institution established: Original name:Citizens Security Savings and Loan Association
1990-01-02Changed name to Citizens Security Bank, a Federal Savings Bank
1990-01-02Changed organization type to STOCK SAVINGS BANK
1991-03-22Institution established: Original name:Citizens Security Bank, F.A. (33355)
1991-03-22Failed, went into receivership, and then became part of Citizens Security Bank, F.A. (33355)
1991-03-22Placed into government conservatorship.
1991-08-16Acquired after government financial assistance and subsequently operated as part of Amarillo National Bank (14531)
1991-08-16Government conservatorship or bridge bank resolved.
1993-06-10Acquired BancCentral (17963) in AMARILLO, TX
2006-03-31Moved bank headquarters from BORGER, TX to AMARILLO, TX
2010-05-01Reorganized.
2019-03-04Acquired Lubbock National Bank (22752) in LUBBOCK, TX