Salamanca Federal Savings and Loan Association

Status:Inactive as of 11/30/1989
 Absorption - Assisted
Institution Enters Conservatorship
Successor Bank:Salamanca Federal Savings Association
Headquarters:Salamanca Federal Savings and Loan Association
127 Main St
Salamanca, NY 14779
Established:01/01/1882
FDIC Insurance:08/09/1989
FDIC Cert:#29436
Charter Class:
Total Assets:$29,698,000
Total Deposits:$29,673,000

History

1882-01-01Institution established: Original name:Salamanca Federal Savings and Loan Association
1989-11-30Institution established: Original name:Salamanca Federal Savings Association (32843)
1989-11-30Failed, went into receivership, and then became part of Salamanca Federal Savings Association (32843)
1989-11-30Placed into government conservatorship.
1990-08-17Acquired after government financial assistance and subsequently operated as part of Cattaraugus County Bank (12959)
1990-08-17Government conservatorship or bridge bank resolved.