Northwest Savings Association

Status:Inactive as of 01/31/1984
 Merger - Without Assistance
Successor Bank:Creditbanc Savings Association
Headquarters:Northwest Savings Association
3601 Far West Blvd
Austin, TX 78731
Established:01/01/1972
FDIC Insurance:05/01/1973
FDIC Cert:#31638
Charter Class:

History

1972-01-01Institution established: Original name:Northwest Savings Association
1984-01-31Merged into and subsequently operated as part of Franklin Savings Association (30945) in MCALLEN, TX
1984-09-30Changed name to Northwest Savings Association (30945)
1985-07-31Moved bank headquarters from MCALLEN, TX to AUSTIN, TX
1987-07-31Acquired Equitable Savings Association (31695) in ROUND ROCK, TX
1988-09-30Institution established: Original name:Franklin Federal Bancorp, A Federal Savings Bank (32619)
1988-09-30Acquired Franklin Savings Association (31459) in AUSTIN, TX
1988-09-30Acquired Creditbanc Savings Association (30945) in AUSTIN, TX
1988-09-30Failed. Acquired with government financial assistance and subsequently operated as part of Franklin Federal Bancorp, A Federal Savings Bank (32619)
1988-09-30Acquired Great West Savings Banc (30362) in AUSTIN, TX
1997-01-28Voluntarily relinquished FDIC insurance
1997-01-28Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to STATE
1998-08-12Closed voluntarily and liquidated its assets.