Timberland Savings Association

Status:Inactive as of 12/14/1990
 Absorption - Assisted
Successor Bank:Timberland Federal Savings Association
Headquarters:Timberland Savings Association
3010 North University Drive
Nacogdoches, TX 75961
Established:01/01/1974
FDIC Insurance:10/11/1977
FDIC Cert:#31907
Charter Class:
Total Assets:$31,933,000
Total Deposits:$29,695,000

History

1974-01-01Institution established: Original name:Timberland Savings Association
1989-03-16Placed into government conservatorship.
1990-12-14Failed. Acquired with government financial assistance and subsequently operated as part of Timberland Federal Savings Association (33287)
1990-12-14Institution established: Original name:Timberland Federal Savings Association (33287)
1991-08-02Acquired after government financial assistance and subsequently operated as part of Citizens Bank (1715)
1991-08-02Government conservatorship or bridge bank resolved.
1991-08-23Acquired First Southwest Federal Savings and Loan Association (33228) in TYLER, TX
1992-03-05Changed name to Citizens 1st Bank (1715)
1997-10-17Moved bank headquarters from NACOGDOCHES, TX to TYLER, TX
2014-03-07Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS
2014-03-07Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to FEDERAL RESERVE BOARD