First Savings Association of Southeast Texas

Status:Inactive as of 11/30/1990
 Pass Through Receivership Merger
Conservatorship Institution Resolved
Successor Bank:Kilgore Federal Savings and Loan Association
Headquarters:First Savings Association of Southeast Texas
451 Highway 96 South
Silsbee, TX 77656
Established:05/20/1976
FDIC Insurance:05/20/1976
FDIC Cert:#31803
Charter Class:
Total Assets:$31,673,000
Total Deposits:$31,351,000

History

1976-05-20Institution established: Original name:First Savings Association of Southeast Texas
1989-03-16Placed into government conservatorship.
1990-11-30Acquired First Savings Association of Southeast Texas in SILSBEE, TX
1990-11-30Acquired Fidelity Federal Savings Association (32824) in PORT ARTHUR, TX
1990-11-30Acquired after government financial assistance and subsequently operated as part of Kilgore Federal Savings and Loan Association (29155)
1990-11-30Government conservatorship or bridge bank resolved.
1991-06-14Acquired Atlanta Federal Savings Association (33156) in ATLANTA, TX
1991-07-26Acquired Southwest Federal Savings Association (33084) in DALLAS, TX
1991-08-02Acquired Texasbanc, FSB (32943) in CONROE, TX
1991-08-16Acquired Continental Savings, A Federal Savings and Loan Association (32616) in BELLAIRE, TX
1991-09-06Acquired First Savings and Loan Association, F.A. (33166) in TEMPLE, TX
1991-09-27Acquired First Federal Savings and Loan Association (27633) in BEAUMONT, TX
1992-02-01Merged into and subsequently operated as part of Guaranty Federal Savings Bank (32618) in DALLAS, TX
1992-03-09Changed name to Guaranty Federal Bank, F.S.B. (32618)
1992-05-13Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
1993-11-13Acquired American Federal Bank FSB (32597) in DALLAS, TX
1994-06-29Acquired First Federal Savings Bank (33295) in SAN ANTONIO, TX
1997-06-27Acquired Stockton Savings Bank, FSB (28674) in STOCKTON, CA
1999-06-30Acquired Hemet Federal Savings and Loan Association (28795) in HEMET, CA
2000-11-28Changed name to Guaranty Bank (32618)
2004-01-06Moved bank headquarters from DALLAS, TX to AUSTIN, TX
2009-08-21Failed. Acquired with government financial assistance and subsequently operated as part of Compass Bank (19048)
2009-09-11Acquired Central Bank of the South (20024) in ANNISTON, AL
2009-09-11Acquired BBVA Bancomer USA (18255) in DIAMOND BAR, CA
2019-06-10Changed name to BBVA USA (19048)