Universal Savings and Loan Association, A Federal Savings and Loan Assoc
Status: | Inactive as of 01/26/1990 |
Pass Through Receivership Merger Conservatorship Institution Resolved | |
Successor Bank: | First Arizona Savings, A FSB |
Headquarters: | Universal Savings and Loan Association, A Federal Savings and Loan Assoc 4141 North Scottsdale Road Scottsdale, AZ 85251 |
Established: | 05/25/1988 |
FDIC Insurance: | 05/25/1988 |
FDIC Cert: | #32585 |
Charter Class: | |
Total Assets: | $71,735,000 |
Total Deposits: | $88,419,000 |
History
1988-05-25 | Institution established: Original name:Universal Savings and Loan Association, A Federal Savings and Loan Assoc | |
1988-05-31 | Acquired (32034) | |
1989-02-17 | Placed into government conservatorship. | |
1990-01-26 | Government conservatorship or bridge bank resolved. | |
1990-01-26 | Acquired after government financial assistance and subsequently operated as part of First Arizona Savings and Loan Association (32582) | |
1995-11-01 | Changed name to First Arizona Savings, A FSB (32582) | |
1995-11-01 | Changed organization type to STOCK SAVINGS BANK | |
1997-10-14 | Moved bank headquarters from SCOTTSDALE, AZ to PHOENIX, AZ | |
2002-12-02 | Moved bank headquarters from PHOENIX, AZ to SCOTTSDALE, AZ | |
2010-10-22 | Failed. No active institution received any of its deposits or its assets. |