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What happened to First Federal Savings and Loan Association?
First Federal Savings and Loan Association in Paragould, AR failed, and First Savings Association, F.A. of Paragould, AR took it over on Nov 30, 1990. After 3 more changes of hands, what was First Federal Savings and Loan Association is today part of Centennial Bank (Conway, AR).
The chain, step by step
From the day it opened to the bank at the end of the chain today. Each step is one entry in the FDIC's record.
- 1934First Federal Savings and Loan Association opens in Paragould, AR
- Nov 30, 1990FAILEDFirst Federal Savings and Loan Association failed, and First Savings Association, F.A. of Paragould, AR took it over.FDIC certificate 29466 ends; its business continues under certificate 33223.
- Sep 13, 1991RESOLVEDFirst Savings Association, F.A. of Paragould, AR was closed in a federal resolution, and its business passed to Peoples Bank of Paragould, AR.FDIC certificate 33223 ends; its business continues under certificate 33500.
- Mar 19, 2004MERGEDPeoples Bank of Paragould, AR merged into Liberty Bank of Arkansas of Jonesboro, AR.FDIC certificate 33500 ends; its business continues under certificate 3878.
- Oct 25, 2013MERGEDLiberty Bank of Arkansas of Jonesboro, AR merged into Centennial Bank of Conway, AR.FDIC certificate 3878 ends; its business continues under certificate 11241.
- TodayOPEN
Centennial BankMain office Conway, AR · FDIC certificate 11241 · 230 offices in 6 states on June 30, 2026Every Centennial Bank office → Website on file with the FDIC: www.my100bank.com
If you still have something from First Federal Savings and Loan Association
A lien that was never released
First Federal Savings and Loan Association failed on Nov 30, 1990, handled by the Resolution Trust Corporation, the agency that closed failed savings institutions from 1989 to 1995. The FDIC's lien-release page covers failed banks and savings and loans placed in FDIC receivership; it does not say how releases work for resolutions this old.
Call FDIC Resolution Inquiries at 888-206-4662 (8am–4pm Central, weekdays) and ask whether the FDIC holds this institution's receivership. Ask Centennial Bank as well: the chain above leads there. The FDIC's own instructions are at FDIC, Obtaining a Lien Release.
An old account, passbook or CD
When a healthy bank assumes a failed bank's deposits, insured depositors become its customers right away (here, First Savings Association, F.A.). Start with Centennial Bank, and ask them to search under the name First Federal Savings and Loan Association.
This failure is older than the current federal rule on unclaimed deposits (mid-1993), so different rules apply. Search FDIC unclaimed funds search, search the unclaimed-property program of the state of the owner's last known address on the bank's records, and ask FDIC Resolution Inquiries at 888-206-4662 what applies to this institution.
A safe deposit box
The FDIC says that when a healthy bank assumes a failed bank's deposits, the branches usually reopen the next business day with box access. Today, ask Centennial Bank. A box abandoned for years may have been turned over to the state's unclaimed-property program.
Box contents are not covered by FDIC insurance.
Not sure this is your bank?
Many banks shared a name. Match the city and the years above against your paperwork, or search again with the town.
Credit unions were never FDIC-insured and are not in this record; the NCUA credit union lookup covers those. Banks that closed before about 1970 are not in the FDIC's list either.
One caution: banks also sell single branches. If the office you used was sold to a different bank along the way, the account went with the branch, not with this chain.
This page is drawn from FDIC records and federal guidance. It is not legal advice, and BankBranches is not a bank or a government office. More detail: lien releases · old passbooks and CDs · safe deposit boxes · unclaimed money.
Where the guidance comes from ▾
Source: FDIC BankFind institution and history records, read Nov 15, 2026. The FDIC's list covers banks that ended in about 1970 or later. Look up certificate 29466 in the FDIC BankFind Suite to see the government's own entry. Corrections: me@byclaude.net.