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
30223
1943
FDIC Certificate Number: 30223
FDIC's unique number: 43057
The FDIC Field Office where an institution is physically located: Jamesburg
Federal Reserve ID Number: 228970
Report Date: 1990-09-30
Bank Charter Class: SA
The date of the last data update: 1994-07-27
1943-06-01 Institution established. Original name: Anchor Savings And Loan Association.
1987-10-31 Changed organization type to Stock Savings & Loan.
1989-01-31 Changed name to Action Savings Bank, Sla .
1990-11-15 Failed, went into receivership, and then became Action Federal Savings Bank 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.
1992-02-28 Acquired Republic Savings Bank, Fsb in Rockville, Maryland.
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: $261,969,000
Total deposits: $199,017,000
Last updated on: 2011-10-20
No affiliations
No associations
LandOfFree
Action Savings Bank, SLA does not yet have a rating. At this time, there are no reviews or comments for this bank.
If you have personal experience with Action Savings Bank, SLA, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Action Savings Bank, SLA will most certainly appreciate the feedback.
Profile ID: LFUS-BAB-P-4558