Habersham Federal Savings and Loan Association

Status:Inactive as of 09/21/1989
 Pass Through Receivership Merger
Conservatorship Institution Resolved
Institution Enters Conservatorship
Successor Bank:NBank
Headquarters:Habersham Federal Savings and Loan Association
145 N. Main Street
Cornelia, GA 30531
Established:06/22/1989
FDIC Insurance:08/09/1989
FDIC Cert:#32671
Charter Class:
Total Assets:$90,525,000
Total Deposits:$90,287,000

History

1989-06-22Institution established: Original name:Habersham Federal Savings and Loan Association
1989-06-30Acquired Habersham Federal Savings Bank (27924) in ATLANTA, GA
1989-09-21Placed into government conservatorship.
1989-09-21Acquired after government financial assistance and subsequently operated as part of The First National Bank of Commerce (2127)
1989-09-21Government conservatorship or bridge bank resolved.
1990-06-15Acquired Citizens Banking Company (16773) in LEXINGTON, GA
1994-03-28Moved bank headquarters from CORNELIA, GA to COMMERCE, GA
2001-02-22Changed name to NBank, National Association (2127)
2007-06-25Closed voluntarily and liquidated its assets.