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Laguna Federal Savings and Loan Association

Status:Inactive as of 06/30/1982
 Merger - Without Assistance
Successor Bank:Great American Bank, a Federal Savings Bank
Headquarters:Laguna Federal Savings and Loan Association
260 Ocean Ave
Laguna Beach, CA 92652
Established:06/24/1935
FDIC Insurance:06/24/1935
FDIC Cert:#29469
Charter Class:

History

1935-06-24Institution established: Original name:Laguna Federal Savings and Loan Association
1982-06-30Merged into and subsequently operated as part of Great American Federal Savings Bank (28041) in SAN DIEGO, CA
1982-06-30Acquired Peoples Federal Savings and Loan Association (30038) in FOUNTAIN VALLEY, CA
1982-07-31Acquired Sonoma County Savings and Loan Association (31918) in SANTA R0SA, CA
1982-07-31Acquired San Joaquin First Federal Savings and Loan Association (28552) in STOCKTON, CA
1986-03-31Acquired (31632)
1986-03-31Acquired (31380)
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.
1991-10-25Institution established: Original name:Great American Federal Savings Association (33520)
1991-10-25Failed. Acquired with government financial assistance and subsequently operated as part of Great American Federal Savings Association (33520)
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.