Security Savings Bank, FSB
| Status: | Inactive as of 05/04/1990 |
| Absorption - Assisted Institution Enters Conservatorship | |
| Successor Bank: | Security Federal Savings Bank |
| Headquarters: | Security Savings Bank, FSB 212 N Canal Carlsbad, NM 88220 |
| Established: | 01/01/1938 |
| FDIC Insurance: | 08/09/1989 |
| FDIC Cert: | #31433 |
| Charter Class: | Savings banks, state charter, supervised by the FDIC |
| Total Assets: | $26,863,000 |
| Total Deposits: | $34,154,000 |
History
| 1938-01-01 | Institution established: Original name:Security Savings Bank, FSB | |
| 1988-04-30 | Moved bank headquarters from CARLSBAD, NM to ALBUQUERQUE, NM | |
| 1990-05-04 | Institution established: Original name:Security Federal Savings Bank (33039) | |
| 1990-05-04 | Failed, went into receivership, and then became part of Security Federal Savings Bank (33039) | |
| 1990-05-04 | Placed into government conservatorship. | |
| 1990-11-16 | Acquired after government financial assistance and subsequently operated as part of Western Commerce Bank (18389) | |
| 1990-11-16 | Government conservatorship or bridge bank resolved. | |
| 1991-05-23 | Acquired Liberty National Bank (16544) in LOVINGTON, NM |