General Savings Association
Status: | Inactive as of 06/29/1990 |
Pass Through Receivership Merger Conservatorship Institution Resolved | |
Successor Bank: | VeraBank |
Headquarters: | General Savings Association 1610 Highway 79 South Henderson, TX 75652 |
Established: | 01/01/1975 |
FDIC Insurance: | 08/09/1989 |
FDIC Cert: | #31791 |
Charter Class: | |
Total Assets: | $37,203,000 |
Total Deposits: | $40,736,000 |
History
1975-01-01 | Institution established: Original name:General Savings Association | |
1989-03-16 | Placed into government conservatorship. | |
1990-06-29 | Acquired after government financial assistance and subsequently operated as part of Citizens National Bank of Henderson (3250) | |
1990-06-29 | Government conservatorship or bridge bank resolved. | |
1991-12-27 | Reorganized. | |
1992-01-01 | Acquired Merchants State Bank (13672) in MOUNT ENTERPRISE, TX | |
1994-09-23 | Changed from the Savings Association Insurance Fund to the Bank Insurance Fund. | |
1994-11-15 | Changed name to Citizens National Bank (3250) | |
1998-07-23 | Acquired First State Bank (18611) in WASKOM, TX | |
1998-12-11 | Acquired Jefferson National Bank (24911) in JEFFERSON, TX | |
2001-10-26 | Acquired Peoples State Bank (23420) in HENDERSON, TX | |
2013-02-15 | Acquired White Oak State Bank (20707) in WHITE OAK, TX | |
2013-09-28 | Acquired The East Texas National Bank of Palestine (3379) in PALESTINE, TX | |
2016-11-04 | Acquired Kilgore National Bank (35548) in KILGORE, TX | |
2018-11-09 | Acquired Union State Bank (11886) in FLORENCE, TX | |
2019-01-22 | Changed name to VeraBank, National Association (3250) |