Security Savings Association, FSA
Status: | Inactive as of 09/28/1989 |
Absorption - Assisted | |
Successor Bank: | Security Federal Savings Association |
Headquarters: | Security Savings Association, FSA 2826 New Boston Road Texarkana, TX 75501 |
Established: | 06/11/1987 |
FDIC Insurance: | 06/11/1987 |
FDIC Cert: | #32544 |
Charter Class: | |
Total Assets: | $229,167,000 |
Total Deposits: | $482,366,000 |
History
1987-06-11 | Institution established: Original name:Security Savings Association, FSA | |
1987-06-30 | Acquired (31055) | |
1989-03-16 | Placed into government conservatorship. | |
1989-09-28 | Institution established: Original name:Security Federal Savings Association (32806) | |
1989-09-28 | Failed. Acquired with government financial assistance and subsequently operated as part of Security Federal Savings Association (32806) | |
1990-12-07 | Ceased operations as a result of a government supervised payoff, liquidation, or closing. No active institution received any of its deposits. | |
1990-12-07 | Government conservatorship or bridge bank resolved. |