Silver Savings and Loan Association, A Federal Association
Status: | Inactive as of 12/21/1989 |
Absorption - Assisted Institution Enters Conservatorship | |
Successor Bank: | Silver Savings Association, FA |
Headquarters: | Silver Savings and Loan Association, A Federal Association 607-611 North Hudson Street Silver City, NM 88061 |
Established: | 01/01/1975 |
FDIC Insurance: | 08/09/1989 |
FDIC Cert: | #31911 |
Charter Class: | |
Total Assets: | $32,209,000 |
Total Deposits: | $27,723,000 |
History
1975-01-01 | Institution established: Original name:Silver Savings and Loan Association, A Federal Association | |
1989-12-21 | Institution established: Original name:Silver Savings Association, FA (32854) | |
1989-12-21 | Failed, went into receivership, and then became part of Silver Savings Association, FA (32854) | |
1989-12-21 | Placed into government conservatorship. | |
1991-01-18 | Acquired after government financial assistance and subsequently operated as part of First New Mexico Bank (18514) | |
1991-01-18 | Government conservatorship or bridge bank resolved. |