Timberland Federal Savings Association

Status:Inactive as of 08/02/1991
 Pass Through Receivership Merger
Conservatorship Institution Resolved
Successor Bank:Citizens 1st Bank
Headquarters:Timberland Federal Savings Association
3010 North University Drive
Nacogdoches, TX 75961
Established:12/14/1990
FDIC Insurance:12/14/1990
FDIC Cert:#33287
Charter Class:
Total Assets:$20,512,000
Total Deposits:$23,935,000

History

1990-12-14Institution established: Original name:Timberland Federal Savings Association
1990-12-14Acquired Timberland Savings Association (31907) in NACOGDOCHES, TX
1991-08-02Acquired after government financial assistance and subsequently operated as part of Citizens Bank (1715)
1991-08-02Government conservatorship or bridge bank resolved.
1991-08-23Acquired First Southwest Federal Savings and Loan Association (33228) in TYLER, TX
1992-03-05Changed name to Citizens 1st Bank (1715)
1997-10-17Moved bank headquarters from NACOGDOCHES, TX to TYLER, TX
2014-03-07Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS
2014-03-07Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to FEDERAL RESERVE BOARD