Home Federal Savings and Loan Association

Status:Inactive as of 09/30/1984
 Merger - Without Assistance
Successor Bank:Valley Federal Savings Bank
Headquarters:Home Federal Savings and Loan Association
122 S Avenue A
Portales, NM 88130
Established:04/28/1961
FDIC Insurance:04/28/1961
FDIC Cert:#31247
Charter Class:

History

1961-04-28Institution established: Original name:Home Federal Savings and Loan Association
1984-09-30Merged into and subsequently operated as part of Valley Federal Savings Bank (30427) in ROSWELL, NM
1989-03-09Placed into government conservatorship.
1989-08-31Failed. Acquired with government financial assistance and subsequently operated as part of Valley Savings Bank, F.S.B. (32785)
1989-08-31Institution established: Original name:Valley Savings Bank, F.S.B. (32785)
1990-06-08Ceased operations as a result of a government supervised payoff, liquidation, or closing. No active institution received any of its deposits.
1990-06-08Government conservatorship or bridge bank resolved.