Southern Federal Savings and Loan Association of Georgia
Status: | Inactive as of 07/10/1992 |
Absorption - Assisted Institution Enters Conservatorship | |
Successor Bank: | Southern Federal Savings Association of Georgia |
Headquarters: | Southern Federal Savings and Loan Association of Georgia 712 West Peachtree St Nw Atlanta, GA 30308 |
Established: | 06/01/1936 |
FDIC Insurance: | 08/09/1989 |
FDIC Cert: | #29724 |
Charter Class: | |
Total Assets: | $159,982,000 |
Total Deposits: | $151,424,000 |
History
1936-06-01 | Institution established: Original name:Southern Federal Savings and Loan Association of Georgia | |
1986-04-30 | Changed organization type to STOCK SAVINGS & LOAN | |
1992-07-10 | Institution established: Original name:Southern Federal Savings Association of Georgia (33630) | |
1992-07-10 | Failed, went into receivership, and then became part of Southern Federal Savings Association of Georgia (33630) | |
1992-07-10 | Placed into government conservatorship. | |
1994-04-22 | Acquired after government financial assistance and subsequently operated as part of Citizens Trust Bank (8033) | |
1994-04-22 | Government conservatorship or bridge bank resolved. | |
1998-01-30 | Acquired First Southern Bank (27494) in LITHONIA, GA | |
2000-03-10 | Acquired Mutual Federal Savings Bank (27886) in ATLANTA, GA as part of a government assisted transaction. | |
2003-03-01 | Acquired Citizens Federal Savings Bank (30926) in BIRMINGHAM, AL |