Security Savings Association

Status:Inactive as of 06/11/1987
 Merger - Assisted
Successor Bank:Security Savings Association, FSA
Headquarters:Security Savings Association
2826 New Boston Road
Texarkana, TX 75501
Established:01/01/1958
FDIC Insurance:03/12/1959
FDIC Cert:#31055
Charter Class:
Total Assets:$429,813,000
Total Deposits:$478,652,000

History

1958-01-01Institution established: Original name:Security Savings Association
1987-06-11Institution established: Original name:Security Savings Association, FSA (32544)
1987-06-11Failed. Acquired with government financial assistance and subsequently operated as part of Security Savings Association, FSA (32544)
1987-06-30Acquired
1989-03-16Placed into government conservatorship.
1989-09-28Institution established: Original name:Security Federal Savings Association (32806)
1989-09-28Failed. Acquired with government financial assistance and subsequently operated as part of Security Federal Savings Association (32806)
1990-12-07Ceased operations as a result of a government supervised payoff, liquidation, or closing. No active institution received any of its deposits.
1990-12-07Government conservatorship or bridge bank resolved.