Commonwealth Savings Association

Status:Inactive as of 05/25/1989
 Merger - Assisted
Successor Bank:Commonwealth Federal Savings Association
Headquarters:Commonwealth Savings Association
10000 Memorial Drive Suite 600
Houston, TX 77024
Established:01/01/1975
FDIC Insurance:08/23/1977
FDIC Cert:#31896
Charter Class:
Total Assets:$1,576,131,000
Total Deposits:$1,734,373,000

History

1975-01-01Institution established: Original name:Commonwealth Savings Association
1989-03-09Placed into government conservatorship.
1989-05-25Placed into government conservatorship.
1989-05-25Institution established: Original name:Commonwealth Federal Savings Association (32632)
1989-05-25Failed. Acquired with government financial assistance and subsequently operated as part of Commonwealth Federal Savings Association (32632)
1989-05-31Acquired
1991-06-21Ceased operations as a result of a government supervised payoff, liquidation, or closing. No active institution received any of its deposits.
1991-06-21Government conservatorship or bridge bank resolved.