Then and now: Savings and loan doesn’t last

From Day 1 and until now the city has never had a traditional city hall. Photo/Bill Kingman

From Day 1 and until now the city has never had a traditional city hall. Photos/Bill Kingman

In 1965, the newly-formed city of South Lake Tahoe had its first city council meeting in the Tahoe Savings and Loan building, located on Highway 50 at Takela.

The savings and loan scandal in the 1990s forced the closure of the Tahoe branch.

The savings and loan scandal in the 1990s forced the closure of the Tahoe branch.

Tahoe Savings and Loan ceased operations in 1990. Its time-and-temperature sign on the corner it now gone.

xxxx

The building has not change much and looks dated.

Today, the El Dorado County offices areĀ in the building.

— Bill Kingman