Southern Federal Savings Association of Georgia

Status:Inactive as of 04/22/1994
 Pass Through Receivership Merger
Conservatorship Institution Resolved
Successor Bank:Citizens Trust Bank
Headquarters:Southern Federal Savings Association of Georgia
712 West Peachtree Street, N.W.
Atlanta, GA 30308
Established:07/10/1992
FDIC Insurance:07/10/1992
FDIC Cert:#33630
Charter Class:
Total Assets:$51,864,000
Total Deposits:$59,518,000

History

1992-07-10Institution established: Original name:Southern Federal Savings Association of Georgia
1992-07-10Acquired Southern Federal Savings and Loan Association of Georgia (29724) in ATLANTA, GA
1994-04-22Acquired after government financial assistance and subsequently operated as part of Citizens Trust Bank (8033)
1994-04-22Government conservatorship or bridge bank resolved.
1998-01-30Acquired First Southern Bank (27494) in LITHONIA, GA
2000-03-10Acquired Mutual Federal Savings Bank (27886) in ATLANTA, GA as part of a government assisted transaction.
2003-03-01Acquired Citizens Federal Savings Bank (30926) in BIRMINGHAM, AL

Financial Information (1993-12-31 and Older)