Standard Savings Association

Status:Inactive as of 01/18/1990
 Absorption - Assisted
Institution Enters Conservatorship
Successor Bank:Standard Federal Savings and Loan Association
Headquarters:Standard Savings Association
4310 Dowling Street
Houston, TX 77004
Established:01/01/1958
FDIC Insurance:08/09/1989
FDIC Cert:#31052
Charter Class:
Total Assets:$13,517,000
Total Deposits:$15,080,000

History

1958-01-01Institution established: Original name:Standard Savings Association
1984-03-31Changed organization type to STOCK SAVINGS & LOAN
1990-01-18Institution established: Original name:Standard Federal Savings and Loan Association (32883)
1990-01-18Placed into government conservatorship.
1990-01-18Failed, went into receivership, and then became part of Standard Federal Savings and Loan Association (32883)
1991-08-26Government conservatorship or bridge bank resolved.
1991-08-26Ceased operations as a result of a government supervised payoff, liquidation, or closing. No active institution received any of its deposits.