Habersham Federal Savings Bank

Status:Inactive as of 06/30/1989
 Merger - Assisted
Successor Bank:Habersham Federal Savings and Loan Association
Headquarters:Habersham Federal Savings Bank
781 Marietta Street, N W
Atlanta, GA 30318
Established:01/01/1929
FDIC Insurance:11/30/1934
FDIC Cert:#27924
Charter Class:Savings banks, state charter, supervised by the FDIC
Total Assets:$93,297,000
Total Deposits:$90,802,000

History

1929-01-01Institution established: Original name:Habersham Federal Savings and Loan Association
1984-12-31Changed name to Habersham Federal Savings Bank
1984-12-31Changed organization type to STOCK SAVINGS BANK
1988-11-30Moved bank headquarters from CORNELIA, GA to ATLANTA, GA
1989-06-22Placed into government conservatorship.
1989-06-30Failed. Acquired with government financial assistance and subsequently operated as part of Habersham Federal Savings and Loan Association (32671)
1989-09-21Acquired after government financial assistance and subsequently operated as part of The First National Bank of Commerce (2127)
1989-09-21Placed into government conservatorship.
1989-09-21Government conservatorship or bridge bank resolved.
1990-06-15Acquired Citizens Banking Company (16773) in LEXINGTON, GA
1994-03-28Moved bank headquarters from ATLANTA, GA to COMMERCE, GA
2001-02-22Changed name to NBank, National Association (2127)
2007-06-25Closed voluntarily and liquidated its assets.