Commonwealth Savings and Loan Association

Status:Inactive as of 12/07/1990
 Pass Through Receivership Merger
Conservatorship Institution Resolved
Successor Bank:SouthBank, a Federal Savings Bank
Headquarters:Commonwealth Savings and Loan Association
750 West Keiser
Osceola, AR 72370
Established:01/01/1972
FDIC Insurance:08/09/1989
FDIC Cert:#31653
Charter Class:
Total Assets:$24,277,000
Total Deposits:$29,525,000

History

1972-01-01Institution established: Original name:Commonwealth Savings and Loan Association
1989-03-02Placed into government conservatorship.
1990-12-07Government conservatorship or bridge bank resolved.
1990-12-07Acquired after government financial assistance and subsequently operated as part of SouthBank, a Federal Savings Bank (33109)
1993-09-07Moved bank headquarters from OSCEOLA, AR to CORINTH, MS
1994-03-31Acquired First Federal Savings and Loan Association of Durham (27925) in DURHAM, NC
2010-03-16Moved bank headquarters from CORINTH, MS to HUNTSVILLE, AL
2011-07-21Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to COMPTROLLER OF THE CURRENCY
2016-05-06Closed voluntarily and liquidated its assets.