California – Los Angeles – Culver City
(NM) Commercial bank, state charter and Fed nonmember
inactive
California
Los Angeles
Culver City
(NM) Commercial bank, state charter and Fed nonmember
inactive
26701
1980
FDIC Certificate Number: 26701
FDIC's unique number: 35766
The FDIC Field Office where an institution is physically located: Los Angeles (West)
Federal Reserve ID Number: 2038418
Report Date: 1987-12-31
Bank Charter Class: NM
The date of the last data update: 1990-10-04
1980-11-01 Institution established but was not FDIC insured. Original name: Colonial Thrift And Loan Association.
1986-06-18 Became FDIC insured.
1988-04-15 Merged with government financial assistance and subsequently operated as part of Southern Pacific Thrift and Loan Association in Beverly Hills, California.
1994-04-04 Moved bank headquarters from Culver City, California to Los Angeles, California.
1997-09-16 Changed name to Southern Pacific Bank .
2000-02-22 Moved bank headquarters from Los Angeles, California to Torrance, California.
2003-02-07 Merged with government financial assistance and subsequently operated as part of Beal Bank, SSB in Plano, Texas.
2003-02-07 FDIC closing information for
Southern Pacific Bank : http://www.fdic.gov/bank/individual/failed/spbank.html.
2005-05-26 Changed trust powers from Trust Powers Not Granted to Limited Trust Powers Granted.
2008-02-04 Changed name to Beal Bank .
2008-02-04 Changed institution class to Occ Supervised Savings Banks.
2008-02-04 Changed primary regulatory agency from Federal Deposit Insurance Corporation to Office Of Thrift Supervision.
2009-12-18 Acquired New South Federal Savings Bank in Irondale, Alabama as part of a government assisted transaction.
2010-01-31 Changed name to Beal Bank, SSB .
2010-01-31 Changed institution class to Fdic Supervised Savings Bank.
2010-01-31 Changed primary regulatory agency from Office Of Thrift Supervision to Federal Deposit Insurance Corporation.
2011-10-14 Acquired Charter Bank in Albuquerque, New Mexico.
Total assets: $26,761,000
Total deposits: $24,017,000
Last updated on: 2011-10-20
No affiliations
No associations
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Profile ID: LFUS-BAB-P-22677