PALM SPRINGS SAVINGS BANK, F.S.B.

Status:Inactive as of 09/27/1996
 Merger - Without Assistance
Successor Bank:Hemet Federal Savings and Loan Association
Headquarters:PALM SPRINGS SAVINGS BANK, F.S.B.
420 South Palm Canyon Dr
Palm Springs, CA 92262
Established:01/01/1980
FDIC Insurance:08/09/1989
FDIC Cert:#32086
Charter Class:Savings banks, state charter, supervised by the FDIC
Total Assets:$187,327,000
Total Deposits:$170,955,000

History

1980-01-01Institution established: Original name:Palm Springs Savings Bank
1992-06-01Changed organization type to STOCK SAVINGS BANK
1992-06-01Changed name to PALM SPRINGS SAVINGS BANK, F.S.B.
1996-09-27Merged into and subsequently operated as part of Hemet Federal Savings and Loan Association (28795) in HEMET, CA
1999-06-30Merged into and subsequently operated as part of Guaranty Federal Bank, F.S.B. (32618) in DALLAS, TX
2000-11-28Changed name to Guaranty Bank (32618)
2004-01-06Moved bank headquarters from DALLAS, TX to AUSTIN, TX
2009-08-21Failed. Acquired with government financial assistance and subsequently operated as part of Compass Bank (19048)
2009-09-11Acquired BBVA Bancomer USA (18255) in DIAMOND BAR, CA
2009-09-11Acquired Central Bank of the South (20024) in ANNISTON, AL
2019-06-10Changed name to BBVA USA (19048)

Financial Information (1995-12-31 and Older)