Commonwealth Savings Association
Status: | Inactive as of 05/25/1989 |
Merger - Assisted | |
Successor Bank: | Commonwealth Federal Savings Association |
Headquarters: | Commonwealth Savings Association 10000 Memorial Drive Suite 600 Houston, TX 77024 |
Established: | 01/01/1975 |
FDIC Insurance: | 08/23/1977 |
FDIC Cert: | #31896 |
Charter Class: | |
Total Assets: | $1,576,131,000 |
Total Deposits: | $1,734,373,000 |
History
1975-01-01 | Institution established: Original name:Commonwealth Savings Association | |
1989-03-09 | Placed into government conservatorship. | |
1989-05-25 | Placed into government conservatorship. | |
1989-05-25 | Institution established: Original name:Commonwealth Federal Savings Association (32632) | |
1989-05-25 | Failed. Acquired with government financial assistance and subsequently operated as part of Commonwealth Federal Savings Association (32632) | |
1989-05-31 | Acquired | |
1991-06-21 | Ceased operations as a result of a government supervised payoff, liquidation, or closing. No active institution received any of its deposits. | |
1991-06-21 | Government conservatorship or bridge bank resolved. |