Cornerstone Savings Association

Status:Inactive as of 07/13/1989
 Merger - Assisted
Institution Enters Conservatorship
Successor Bank:Cornerstone FSA
Headquarters:Cornerstone Savings Association
3707 Fm 1960 West
Houston, TX 77068
Established:11/08/1985
FDIC Insurance:11/08/1985
FDIC Cert:#32398
Charter Class:
Total Assets:$112,421,000
Total Deposits:$110,411,000

History

1985-11-08Institution established: Original name:Cornerstone Savings Association
1989-07-13Institution established: Original name:Cornerstone FSA (32663)
1989-07-13Failed. Acquired with government financial assistance and subsequently operated as part of Cornerstone FSA (32663)
1989-07-13Placed into government conservatorship.
1989-07-13Placed into government conservatorship.
1989-07-31Acquired
1990-05-18Institution established: Original name:Great Southwest Savings, Federal Association (33105)
1990-05-18Acquired after government financial assistance and subsequently operated as part of Great Southwest Savings, Federal Association (33105)
1990-05-18Changed organization type to STOCK SAVINGS & LOAN
1990-05-18Government conservatorship or bridge bank resolved.
1992-10-26Changed name to Great Southwest Bank, fsb (33105)
1996-04-01Merged into and subsequently operated as part of Houston Savings Bank, FSB (32317) in HOUSTON, TX
2002-06-13Changed name to Allied Houston Bank (32317)
2004-05-03Closed voluntarily and liquidated its assets.