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