Savings of Texas Association

Status:Inactive as of 09/28/1990
 RTC Supervised Payoffs, Liquidations, and Closings
Conservatorship Institution Resolved
Headquarters:Savings of Texas Association
602 South Jackson Street
Jacksonville, TX 75766
Established:01/01/1973
FDIC Insurance:12/18/1975
FDIC Cert:#31779
Charter Class:
Total Assets:$48,415,000
Total Deposits:$88,173,000

History

1973-01-01Institution established: Original name:Savings of Texas Association
1982-09-30Acquired Cherokee Savings and Loan Association (31901) in JACKSONVILLE, TX
1989-03-16Placed into government conservatorship.
1990-09-28Ceased operations as a result of a government supervised payoff, liquidation, or closing. No active institution received any of its deposits.
1990-09-28Government conservatorship or bridge bank resolved.