First Annapolis Savings Bank, FSB

Status:Inactive as of 06/01/1990
 Absorption - Assisted
Institution Enters Conservatorship
Successor Bank:First Federal Savings Bank of Annapolis
Headquarters:First Annapolis Savings Bank, FSB
2024 West St
Annapolis, MD 21401
Established:01/01/1903
FDIC Insurance:08/09/1989
FDIC Cert:#28419
Charter Class:Savings banks, state charter, supervised by the FDIC
Total Assets:$720,116,000
Total Deposits:$618,270,000

History

1903-01-01Institution established: Original name:First Federal Savings and Loan Association
1988-08-31Changed organization type to STOCK SAVINGS BANK
1988-08-31Changed name to First Annapolis Savings Bank, FSB
1990-06-01Institution established: Original name:First Federal Savings Bank of Annapolis (33020)
1990-06-01Failed, went into receivership, and then became part of First Federal Savings Bank of Annapolis (33020)
1990-06-01Placed into government conservatorship.
1991-05-03Ceased operations as a result of a government supervised payoff, liquidation, or closing. No active institution received any of its deposits.
1991-05-03Government conservatorship or bridge bank resolved.