Great American Federal Savings and Loan Association

Status:Inactive as of 03/16/1990
 Absorption - Assisted
Institution Enters Conservatorship
Successor Bank:Great American Savings and Loan Association, F.A.
Headquarters:Great American Federal Savings and Loan Association
306 Cass Street
Corinth, MS 38834
Established:01/01/1972
FDIC Insurance:08/09/1989
FDIC Cert:#31828
Charter Class:
Total Assets:$159,235,000
Total Deposits:$133,163,000

History

1972-01-01Institution established: Original name:Great American Federal Savings and Loan Association
1985-12-31Moved bank headquarters from CORINTH, MS to JACKSON, MS
1990-03-16Institution established: Original name:Great American Savings and Loan Association, F.A. (32949)
1990-03-16Failed, went into receivership, and then became part of Great American Savings and Loan Association, F.A. (32949)
1990-03-16Placed into government conservatorship.
1990-12-14Ceased operations as a result of a government supervised payoff, liquidation, or closing. No active institution received any of its deposits.
1990-12-14Government conservatorship or bridge bank resolved.