Jonesboro Federal Savings and Loan Association

Status:Inactive as of 05/18/1990
 Absorption - Assisted
Institution Enters Conservatorship
Successor Bank:Jonesboro Federal Savings Association
Headquarters:Jonesboro Federal Savings and Loan Association
128 Allen Avenue
Jonesboro, LA 71251
Established:01/01/1933
FDIC Insurance:08/09/1989
FDIC Cert:#28811
Charter Class:
Total Assets:$55,046,000
Total Deposits:$54,058,000

History

1933-01-01Institution established: Original name:Jonesboro Federal Savings and Loan Association
1990-05-18Institution established: Original name:Jonesboro Federal Savings Association (33047)
1990-05-18Failed, went into receivership, and then became part of Jonesboro Federal Savings Association (33047)
1990-05-18Placed into government conservatorship.
1991-08-16Ceased operations as a result of a government supervised payoff, liquidation, or closing. No active institution received any of its deposits.
1991-08-16Government conservatorship or bridge bank resolved.