First Federal Savings and Loan Association of Redding

Status:Inactive as of 03/20/1986
 Absorption - Assisted
Successor Bank:Great American Bank, a Federal Savings Bank
Headquarters:First Federal Savings and Loan Association of Redding
1601 Pine St
Redding, CA 96001
Established:01/01/1962
FDIC Insurance:02/11/1963
FDIC Cert:#31380
Charter Class:
Total Assets:$39,642,000
Total Deposits:$41,214,000

History

1962-01-01Institution established: Original name:First Federal Savings and Loan Association of Redding
1986-03-20Failed. Acquired with government financial assistance and subsequently operated as part of (28041)
1986-03-31Acquired (31632)
1986-03-31Acquired
1986-05-31Acquired Los Angeles Federal Savings Bank (29686) in LOS ANGELES, CA
1986-10-15Changed organization type to STOCK SAVINGS & LOAN
1986-10-15Changed name to Great American First Savings Bank (28041)
1989-06-30Changed organization type to STOCK SAVINGS BANK
1990-06-27Changed name to Great American Bank, a Federal Savings Bank (28041)
1990-06-30Acquired Great American First Savings Bank, FSB (29890) in TUCSON, AZ
1991-08-09Placed into government conservatorship.
1991-10-25Failed. Acquired with government financial assistance and subsequently operated as part of Great American Federal Savings Association (33520)
1991-10-25Institution established: Original name:Great American Federal Savings Association (33520)
1994-02-01Moved bank headquarters from REDDING, CA to SAN DIEGO, CA
1994-05-13Government conservatorship or bridge bank resolved.
1994-05-13Ceased operations as a result of a government supervised payoff, liquidation, or closing. No active institution received any of its deposits.