The Savings Banc, A Savings and Loan Association

Status:Inactive as of 05/11/1990
 Absorption - Assisted
Institution Enters Conservatorship
Successor Bank:The Federal Savings Banc, F.A.
Headquarters:The Savings Banc, A Savings and Loan Association
2221 Lamar Boulevard East
Arlington, TX 76006
Established:01/01/1959
FDIC Insurance:06/14/1960
FDIC Cert:#31134
Charter Class:
Total Assets:$137,288,000
Total Deposits:$124,286,000

History

1959-01-01Institution established: Original name:Centerbanc
1985-05-31Changed name to San Jacinto Savings and Loan Association
1987-08-31Moved bank headquarters from BEAUMONT, TX to ARLINGTON, TX
1990-05-11Institution established: Original name:The Federal Savings Banc, F.A. (33043)
1990-05-11Failed, went into receivership, and then became part of The Federal Savings Banc, F.A. (33043)
1990-05-11Placed into government conservatorship.
1991-08-09Ceased operations as a result of a government supervised payoff, liquidation, or closing. No active institution received any of its deposits.
1991-08-09Government conservatorship or bridge bank resolved.