Surety Savings Association

Status:Inactive as of 10/19/1989
 Absorption - Assisted
Institution Enters Conservatorship
Successor Bank:Surety Federal Savings Association
Headquarters:Surety Savings Association
6044 Gateway Blvd East
El Paso, TX 79923
Established:10/11/1963
FDIC Insurance:10/11/1963
FDIC Cert:#31397
Charter Class:
Total Assets:$290,998,000
Total Deposits:$244,546,000

History

1963-10-11Institution established: Original name:Surety Savings Association
1989-10-19Institution established: Original name:Surety Federal Savings Association (32822)
1989-10-19Failed, went into receivership, and then became part of Surety Federal Savings Association (32822)
1989-10-19Placed into government conservatorship.
1991-06-07Ceased operations as a result of a government supervised payoff, liquidation, or closing. No active institution received any of its deposits.
1991-06-07Government conservatorship or bridge bank resolved.