Independence Savings and Loan Association

Status:Inactive as of 12/31/1988
 Merger - Assisted
Successor Bank:Pacific Southwest Bank
Headquarters:Independence Savings and Loan Association
427 St George Street
Gonzales, TX 78629
Established:01/01/1976
FDIC Insurance:09/19/1980
FDIC Cert:#32042
Charter Class:
Total Assets:$59,110,000
Total Deposits:$60,626,000

History

1976-01-01Institution established: Original name:Independence Savings and Loan Association
1988-12-31Acquired Yoakum Federal Savings and Loan Association (29405) in YOAKUM, TX
1988-12-31Acquired Seguin Savings Association (29808) in SEGUIN, TX
1988-12-31Acquired Charter Savings and Loan Association (31504) in CORPUS CHRISTI, TX
1988-12-31Acquired Union Savings Association (31860) in SAN ANTONIO, TX
1988-12-31Acquired Independence Savings and Loan Association in GONZALES, TX
1988-12-31Acquired Keystone Savings and Loan Association (32272) in LAMPASAS, TX
1988-12-31Acquired Bayview Federal Savings Association (32311) in CORPUS CHRISTI, TX
1988-12-31Failed. Acquired with government financial assistance and subsequently operated as part of Pacific Southwest Savings Bank, FSB (32641)
1988-12-31Acquired First Federal Savings and Loan Association (28907) in LULING, TX
1989-03-01Changed name to Pacific Southwest Bank, FSB (32641)
1989-11-02Moved bank headquarters from GONZALES, TX to CORPUS CHRISTI, TX
1994-11-15Changed name to Pacific Southwest Bank (32641)
1995-02-01Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
1995-02-01Acquired The San Benito Bank & Trust Company (11168) in SAN BENITO, TX
2001-03-19Closed voluntarily and liquidated its assets.