First South Savings Association
Status: | Inactive as of 12/14/1990 |
Absorption - Assisted | |
Successor Bank: | First South Federal Savings Association |
Headquarters: | First South Savings Association 2550 Gray Falls Suite 200 Port Neches, TX 77651 |
Established: | 10/28/1953 |
FDIC Insurance: | 10/28/1953 |
FDIC Cert: | #30622 |
Charter Class: | |
Total Assets: | $211,843,000 |
Total Deposits: | $495,685,000 |
History
1953-10-28 | Institution established: Original name:First South Savings Association | |
1989-03-16 | Placed into government conservatorship. | |
1990-12-14 | Institution established: Original name:First South Federal Savings Association (33285) | |
1990-12-14 | Failed. Acquired with government financial assistance and subsequently operated as part of First South Federal Savings Association (33285) | |
1991-07-12 | Government conservatorship or bridge bank resolved. | |
1991-07-12 | Ceased operations as a result of a government supervised payoff, liquidation, or closing. No active institution received any of its deposits. |