Otero Savings, A Federal Savings and Loan Association

Status:Inactive as of 05/25/1990
 RTC Supervised Payoffs, Liquidations, and Closings
Conservatorship Institution Resolved
Headquarters:Otero Savings, A Federal Savings and Loan Association
1515 No Academy Boulevard
Colorado Springs, CO 80932
Established:01/01/1898
FDIC Insurance:08/09/1989
FDIC Cert:#28131
Charter Class:
Total Assets:$370,155,000
Total Deposits:$375,847,000

History

1898-01-01Institution established: Original name:Otero Savings and Loan Association
1989-01-31Changed name to Otero Savings, A Federal Savings and Loan Association
1989-03-09Placed into government conservatorship.
1990-05-25Ceased operations as a result of a government supervised payoff, liquidation, or closing. No active institution received any of its deposits.
1990-05-25Government conservatorship or bridge bank resolved.