New Jersey – Atlantic – Somers Point
(SA) Savings associations, state or federal charter
inactive
New Jersey
Atlantic
Somers Point
(SA) Savings associations, state or federal charter
inactive
33257
1990
FDIC Certificate Number: 33257
FDIC's unique number: 46726
The FDIC Field Office where an institution is physically located: Jamesburg
Federal Reserve ID Number: 228970
Report Date: 1991-09-30
Bank Charter Class: SA
The date of the last data update: 1994-08-02
1990-11-15 Institution established. Original name: Action Federal Savings Bank.
1990-11-15 Acquired Action Savings Bank, Sla in Somers Point, New Jersey.
1991-10-25 Merged with government financial assistance and subsequently operated as part of First Federal Savings Bank in Wilmington, Delaware.
1992-04-10 Acquired Metrobank Federal Savings And Loan Association in Palisades Park, New Jersey.
1993-06-30 Changed name to Berkeley Federal Bank And Trust, F.S.B. .
1993-06-30 Moved bank headquarters from Wilmington, Delaware to Palisades Park, New Jersey.
1993-06-30 Changed trust powers from Trust Powers Not Granted to Full Trust Powers Granted.
1993-06-30 Acquired Berkeley Federal Savings Bank in Millburn, New Jersey.
1995-11-17 Moved bank headquarters from Palisades Park, New Jersey to Fort Lee, New Jersey.
1996-10-01 Changed name to Ocwen Federal Bank Fsb .
2005-06-30 Closed voluntarily and liquidated its assets.
Total assets: $173,785,000
Total deposits: $124,391,000
Last updated on: 2011-10-20
No affiliations
No associations
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Profile ID: LFUS-BAB-P-7334