Austin Savings Association

Status:Inactive as of 11/30/1989
 Absorption - Assisted
Institution Enters Conservatorship
Successor Bank:Austin Federal Savings and Loan Association
Headquarters:Austin Savings Association
1901 Capital Pkwy
Austin, TX 78763
Established:03/15/1985
FDIC Insurance:03/15/1985
FDIC Cert:#32283
Charter Class:
Total Assets:$113,369,000
Total Deposits:$85,020,000

History

1985-03-15Institution established: Original name:Austin Savings Association
1989-11-30Institution established: Original name:Austin Federal Savings and Loan Association (32844)
1989-11-30Failed, went into receivership, and then became part of Austin Federal Savings and Loan Association (32844)
1989-11-30Placed into government conservatorship.
1991-06-26Ceased operations as a result of a government supervised payoff, liquidation, or closing. No active institution received any of its deposits.
1991-06-26Government conservatorship or bridge bank resolved.