Magic Valley Savings and Loan Association
Status: | Inactive as of 01/31/1987 |
Merger - Assisted | |
Successor Bank: | River Valley Bank, FSB |
Headquarters: | Magic Valley Savings and Loan Association 606 South Texas Ave Weslaco, TX 78596 |
Established: | 01/01/1969 |
FDIC Insurance: | 01/10/1972 |
FDIC Cert: | #31598 |
Charter Class: | |
Total Assets: | $103,392,000 |
Total Deposits: | $116,546,000 |
History
1969-01-01 | Institution established: Original name:Magic Valley Savings and Loan Association | |
1987-01-31 | Failed. Acquired with government financial assistance and subsequently operated as part of San Antonio Federal Savings Bank (32516) | |
1993-02-28 | Changed name to River Valley Bank, FSB (32516) | |
1996-06-27 | Closed voluntarily and liquidated its assets. |