Security Federal Savings Association

Status:Inactive as of 05/04/1990
 Pass Through Receivership Merger
Conservatorship Institution Resolved
Successor Bank:ITT Federal Bank Federal Savings Bank
Headquarters:Security Federal Savings Association
12221 Brookhurst Street
, 92642
Established:11/16/1989
FDIC Insurance:11/16/1989
FDIC Cert:#32841
Charter Class:
Total Assets:$65,177,000
Total Deposits:$69,291,000

History

1989-11-16Institution established: Original name:Security Federal Savings Association
1989-11-16Acquired Security Federal Savings and Loan Association (30982) in GARDEN GROVE, CA
1990-05-04Acquired after government financial assistance and subsequently operated as part of ITT Federal Bank Federal Savings Bank (31969)
1990-05-04Government conservatorship or bridge bank resolved.
1995-08-28Closed voluntarily and liquidated its assets.
1995-08-28Voluntarily relinquished FDIC insurance
1995-08-28Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to STATE