Desoto Federal Savings and Loan Association

Status:Inactive as of 11/02/1990
 Absorption - Assisted
Institution Enters Conservatorship
Successor Bank:DeSoto Federal Savings Association
Headquarters:Desoto Federal Savings and Loan Association
214 South Washington Ave
Mansfield, LA 71052
Established:12/01/1933
FDIC Insurance:08/09/1989
FDIC Cert:#28719
Charter Class:
Total Assets:$63,885,000
Total Deposits:$63,147,000

History

1933-12-01Institution established: Original name:Desoto Federal Savings and Loan Association
1990-11-02Institution established: Original name:DeSoto Federal Savings Association (33252)
1990-11-02Failed, went into receivership, and then became part of DeSoto Federal Savings Association (33252)
1990-11-02Placed into government conservatorship.
1991-09-06Ceased operations as a result of a government supervised payoff, liquidation, or closing. No active institution received any of its deposits.
1991-09-06Government conservatorship or bridge bank resolved.