Southwestern Savings and Loan Association

Status:Inactive as of 11/30/1989
 Absorption - Assisted
Institution Enters Conservatorship
Successor Bank:Southwestern Federal Savings Association
Headquarters:Southwestern Savings and Loan Association
6700 N Mesa
El Paso, TX 79912
Established:01/01/1971
FDIC Insurance:05/09/1972
FDIC Cert:#31601
Charter Class:
Total Assets:$126,427,000
Total Deposits:$114,807,000

History

1971-01-01Institution established: Original name:Southwestern Savings and Loan Association
1989-11-30Institution established: Original name:Southwestern Federal Savings Association (32845)
1989-11-30Failed, went into receivership, and then became part of Southwestern Federal Savings Association (32845)
1989-11-30Placed into government conservatorship.
1991-06-14Ceased operations as a result of a government supervised payoff, liquidation, or closing. No active institution received any of its deposits.
1991-06-14Government conservatorship or bridge bank resolved.