Merit Savings Bank

California – Los Angeles – Los Angeles

(SA) Savings associations, state or federal charter

inactive

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Details

(SA) Savings associations, state or federal charter

inactive

31336

1962

FDIC Certificate Number: 31336
FDIC's unique number: 44170
The FDIC Field Office where an institution is physically located: Los Angeles (North)

Federal Reserve ID Number: 967475
Report Date: 1988-06-30

Bank Charter Class: SA
The date of the last data update: 1998-12-10

1962-11-14 Institution established. Original name: Merit Savings And Loan Association.
1984-04-30 Changed name to Merit Savings Bank .
1988-08-31 Merged into and subsequently operated as part of Charter Savings Bank in Huntington Beach, California.
1990-06-15 Failed, went into receivership, and then became Charter Savings Bank, F.S.B. in Newport Beach, California.
1990-12-07 Merged with government financial assistance and subsequently operated as part of Pacific Heritage Bank in Torrance, California.
1992-03-13 Acquired Progressive Savings Bank, Fsb in Pasadena, California.
1995-07-28 Merged with government financial assistance and subsequently operated as part of California Federal Bank, A FSB in Los Angeles, California.
1995-07-28 FDIC closing information for Pacific Heritage Bank : http://www.fdic.gov/news/news/press/1995/pr9547.html.
1997-01-03 Acquired First Nationwide Bank, Fsb in Dallas, Texas.
1998-09-11 Acquired Glendale Federal Bank, Federal Savings Bank in Glendale, California.
1998-12-01 Moved bank headquarters from Los Angeles, California to San Francisco, California.
2000-02-11 Changed name to California Federal Bank .
2002-11-13 Merged into and subsequently operated as part of Citibank , FSB in San Francisco, California.
2006-10-01 Merged into and subsequently operated as part of Citibank, National Association in Las Vegas, Nevada.
2006-10-01 Changed name to West, National Association .
2006-10-01 Changed institution class to Insured Commercial Bank, National, Member Frs.
2006-10-01 Changed organization type to Commercial Bank.
2006-10-01 Changed primary regulatory agency from Office Of Thrift Supervision to Comptroller Of The Currency.
2008-11-23 Maintained operations with government open bank assistance.
2011-07-01 Moved bank headquarters from Las Vegas, Nevada to Sioux Falls, South Dakota.
2011-07-01 Acquired Citibank , N.A. in Sioux Falls, South Dakota.

Total assets: $214,681,000
Total deposits: $210,165,000
Last updated on: 2011-10-20

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No associations

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Profile ID: LFUS-BAB-P-18609

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