New Jersey – Monmouth – Asbury Park
(NM) Commercial bank, state charter and Fed nonmember
inactive
New Jersey
Monmouth
Asbury Park
(NM) Commercial bank, state charter and Fed nonmember
inactive
27218
1988
FDIC Certificate Number: 27218
FDIC's unique number: 39150
The FDIC Field Office where an institution is physically located: Jamesburg
Federal Reserve ID Number: 1189108
Report Date: 1994-09-30
Bank Charter Class: NM
The date of the last data update: 1994-11-14
1988-04-11 Institution established. Original name: Ocean Independent Bank.
1994-10-21 Merged into and subsequently operated as part of First Dewitt Bank in West Caldwell, New Jersey.
1997-02-19 Merged into and subsequently operated as part of Sovereign Bank in Wyomissing, Pennsylvania.
1997-03-31 Acquired Sovereign Community Bank in Freehold, New Jersey.
1997-08-30 Acquired Bankers Savings in Perth Amboy, New Jersey.
1998-03-01 Acquired Main Line Bank in Villanova, Pennsylvania.
1998-07-31 Acquired Carnegie Bank, National Association in Langhorne, Pennsylvania.
1998-07-31 Acquired First Home Savings Bank, F.S.B. in Pennsville, New Jersey.
1999-06-30 Changed trust powers from Trust Powers Not Granted to Full Trust Powers Granted.
1999-06-30 Acquired Trenton Savings Bank Fsb in Lawrenceville, New Jersey.
2002-03-08 Acquired Main Street Bank in Reading, Pennsylvania.
2002-05-03 Acquired Sovereign Trust Company in Manchester Township, New Jersey.
2004-02-06 Acquired First Essex Bank in Lawrence, Massachusetts.
2004-07-23 Acquired Nantucket Bank in Nantucket, Massachusetts.
2004-07-23 Acquired Compass Bank For Savings in New Bedford, Massachusetts.
2005-02-11 Acquired Waypoint Bank in Harrisburg, Pennsylvania.
2006-09-09 Acquired Independence Community Bank in Brooklyn, New York.
2011-06-20 Moved bank headquarters from Wyomissing, Pennsylvania to Wilmington, Delaware.
2011-07-21 Changed primary regulatory agency from Office Of Thrift Supervision to Comptroller Of The Currency.
Total assets: $49,595,000
Total deposits: $42,706,000
Last updated on: 2011-10-20
No affiliations
No associations
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Profile ID: LFUS-BAB-P-21296