Southmost Savings and Loan Association

Status:Inactive as of 10/26/1990
 RTC Supervised Payoffs, Liquidations, and Closings
Conservatorship Institution Resolved
Headquarters:Southmost Savings and Loan Association
1623 Central Boulevard
Brownsville, TX 78520
Established:08/02/1963
FDIC Insurance:08/02/1963
FDIC Cert:#31394
Charter Class:
Total Assets:$75,988,000
Total Deposits:$96,670,000

History

1963-08-02Institution established: Original name:Southmost Savings and Loan Association
1989-03-02Placed into government conservatorship.
1990-10-26Ceased operations as a result of a government supervised payoff, liquidation, or closing. No active institution received any of its deposits.
1990-10-26Government conservatorship or bridge bank resolved.