Franklin Savings Association

Status:Inactive as of 09/30/1988
 Merger - Assisted
Successor Bank:Franklin Federal Bancorp, A Federal Savings Bank
Headquarters:Franklin Savings Association
712 Congress Avenue
Austin, TX 78701
Established:10/27/1964
FDIC Insurance:10/27/1964
FDIC Cert:#31459
Charter Class:
Total Assets:$410,855,000
Total Deposits:$615,638,000

History

1964-10-27Institution established: Original name:Franklin Savings Association
1988-09-30Acquired Creditbanc Savings Association (30945) in AUSTIN, TX
1988-09-30Institution established: Original name:Franklin Federal Bancorp, A Federal Savings Bank (32619)
1988-09-30Acquired Franklin 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.