Creditbanc Savings Association

Status:Inactive as of 09/30/1988
 Merger - Assisted
Successor Bank:Franklin Federal Bancorp, A Federal Savings Bank
Headquarters:Creditbanc Savings Association
9442 Capital Of Tx Hwy
Austin, TX 78751
Established:01/01/1956
FDIC Insurance:06/19/1957
FDIC Cert:#30945
Charter Class:
Total Assets:$593,147,000
Total Deposits:$718,584,000

History

1956-01-01Institution established: Original name:Franklin Savings Association
1984-01-31Acquired Northwest Savings Association (31638) in AUSTIN, TX
1984-09-30Changed name to Northwest Savings Association
1985-07-31Moved bank headquarters from MCALLEN, TX to AUSTIN, TX
1987-07-31Acquired Equitable Savings Association (31695) in ROUND ROCK, TX
1988-09-30Institution established: Original name:Franklin Federal Bancorp, A Federal Savings Bank (32619)
1988-09-30Acquired Franklin Savings Association (31459) in AUSTIN, TX
1988-09-30Acquired Creditbanc Savings Association in AUSTIN, TX
1988-09-30Failed. Acquired with government financial assistance and subsequently operated as part of Franklin Federal Bancorp, A Federal Savings Bank (32619)
1988-09-30Acquired Great West Savings Banc (30362) in AUSTIN, TX
1997-01-28Voluntarily relinquished FDIC insurance
1997-01-28Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to STATE
1998-08-12Closed voluntarily and liquidated its assets.