Sabine Valley Savings and Loan Association

Status:Inactive as of 12/14/1990
 Absorption - Assisted
Successor Bank:Sabine Valley Federal Savings Association
Headquarters:Sabine Valley Savings and Loan Association
200 San Augustine St
Center, TX 75935
Established:01/01/1958
FDIC Insurance:08/09/1989
FDIC Cert:#31096
Charter Class:
Total Assets:$21,040,000
Total Deposits:$27,257,000

History

1958-01-01Institution established: Original name:Sabine Valley Savings and Loan Association
1989-03-16Placed into government conservatorship.
1990-12-14Institution established: Original name:Sabine Valley Federal Savings Association (33284)
1990-12-14Failed. Acquired with government financial assistance and subsequently operated as part of Sabine Valley Federal Savings Association (33284)
1991-05-31Ceased operations as a result of a government supervised payoff, liquidation, or closing. No active institution received any of its deposits.
1991-05-31Government conservatorship or bridge bank resolved.