First Financial A Savings Association of El Paso, Texas

Status:Inactive as of 06/30/1988
 Merger - Assisted
Successor Bank:Merabank Texas, FSB
Headquarters:First Financial A Savings Association of El Paso, Texas
500 North Mesa Street
El Paso, TX 79901
Established:01/01/1957
FDIC Insurance:01/02/1958
FDIC Cert:#30983
Charter Class:
Total Assets:$325,691,000
Total Deposits:$248,121,000

History

1957-01-01Institution established: Original name:First Financial A Savings Association of El Paso, Texas
1988-06-30Failed. Acquired with government financial assistance and subsequently operated as part of Merabank Texas, FSB (32592)
1988-08-26Acquired State Federal Savings and Loan Association of Lubbock, A Federal Savings (32449) in LUBBOCK, TX as part of a government assisted transaction.
1989-03-31Changed organization type to STOCK SAVINGS BANK
1991-05-31Failed, went into receivership, and then became part of New MeraBank Texas, FSB (33425)
1991-05-31Institution established: Original name:New MeraBank Texas, FSB (33425)
1991-05-31Placed into government conservatorship.
1992-04-03Acquired after government financial assistance and subsequently operated as part of Bluebonnet Savings Bank FSB (32648)
1992-04-03Government conservatorship or bridge bank resolved.
1993-06-23Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
1996-08-12Moved bank headquarters from EL PASO, TX to DALLAS, TX
2003-10-31Closed voluntarily and liquidated its assets.