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