# Redlands Federal Savings and Loan Association
**Wikidata**: [Q113027853](https://www.wikidata.org/wiki/Q113027853)  
**Source**: https://4ort.xyz/entity/redlands-federal-savings-and-loan-association

## Summary
Redlands Federal Savings and Loan Association was a financial institution based in Redlands, California, operating from 1890 until its dissolution in 1998. It functioned as a savings and loan association, accepting deposits and providing lending services, with a notable branch in Big Bear.

## Key Facts
- **Inception**: Founded in 1890.
- **Location**: Headquartered in Redlands, California.
- **Subsidiaries**: Operated a branch in Big Bear.
- **Dissolution**: Ceased operations on July 12, 1998.
- **Aliases**: Also known as "RedFed."
- **Classification**: Instance of a bank and company.
- **Industry**: Part of the financial services sector, specifically savings and loan operations.

## FAQs
**When was Redlands Federal Savings and Loan Association founded?**
Redlands Federal Savings and Loan Association was established in 1890.

**Where was Redlands Federal Savings and Loan Association located?**
The institution was based in Redlands, California, and operated a branch in Big Bear.

**What type of financial institution was Redlands Federal Savings and Loan Association?**
It was a savings and loan association, a type of financial institution that accepts deposits and provides loans, particularly for home mortgages.

**When did Redlands Federal Savings and Loan Association close?**
The institution was dissolved on July 12, 1998.

**What was the significance of Redlands Federal Savings and Loan Association in its community?**
As a local financial institution, it played a key role in providing financial services, including savings accounts and loans, to residents and businesses in Redlands and surrounding areas like Big Bear.

## Why It Matters
Redlands Federal Savings and Loan Association was a significant local financial institution that contributed to the economic stability and growth of the Redlands community for over a century. By providing essential banking services, including deposit-taking and lending, it supported homeownership, small businesses, and personal finance in the region. Its long history reflects the broader role of savings and loan associations in American financial systems, particularly in facilitating access to credit and savings for local populations.

## Notable For
- **Longevity**: Operated for 108 years, from 1890 to 1998.
- **Local Impact**: Served the Redlands community and expanded to include a branch in Big Bear.
- **Historical Context**: Represented the traditional savings and loan model, which was a cornerstone of community-based banking in the United States.

## Body

### History and Operations
Redlands Federal Savings and Loan Association was founded in 1890 in Redlands, California. As a savings and loan association, its primary functions included accepting deposits from customers and providing loans, particularly for home mortgages. The institution operated for over a century, becoming a trusted financial partner in the Redlands area.

### Branches and Expansion
In addition to its main location in Redlands, the institution expanded its reach by establishing a branch in Big Bear. This expansion allowed it to serve a broader customer base, including residents and businesses in the Big Bear region.

### Dissolution
The institution ceased operations on July 12, 1998, marking the end of its 108-year history. The reasons for its dissolution are not specified in the source material, but its closure reflects the broader challenges faced by many savings and loan associations during the late 20th century.

### Classification and Industry
Redlands Federal Savings and Loan Association was classified as both a bank and a company, operating within the financial services industry. It was part of the savings and loan sector, which historically focused on providing mortgage loans and savings accounts to local communities.

### Legacy
As a long-standing financial institution, Redlands Federal Savings and Loan Association contributed to the economic development of the Redlands area. Its services supported homeownership, small businesses, and personal financial management, leaving a lasting impact on the community it served.

## References

1. [Source](https://www.usbanklocations.com/redlands-federal-bank-f-s-b-29732.shtml)