Continental Savings and Loan Association

Status:Inactive as of 06/30/1983
 Merger - Without Assistance
Successor Bank:South Savings and Loan Association
Headquarters:Continental Savings and Loan Association
300 St Charles Avenue
New Orleans, LA 70130
Established:01/01/1922
FDIC Insurance:01/16/1936
FDIC Cert:#27994
Charter Class:

History

1922-01-01Institution established: Original name:Continental Savings and Loan Association
1983-06-30Merged into and subsequently operated as part of South Savings and Loan Association (29832) in SLIDELL, LA
1986-05-31Changed organization type to STOCK SAVINGS & LOAN
1989-08-07Institution established: Original name:South Savings and Loan Association, FA (33064)
1989-08-07Placed into government conservatorship.
1989-08-07Failed, went into receivership, and then became part of South Savings and Loan Association, FA (33064)
1989-08-07Placed into government conservatorship.
1991-06-14Ceased operations as a result of a government supervised payoff, liquidation, or closing. No active institution received any of its deposits.
1991-06-14Government conservatorship or bridge bank resolved.