Prime Bank

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Pennsylvania

Philadelphia

Philadelphia

(SM) Commercial bank, state charter & Fed member

inactive

27261

1988

FDIC Certificate Number: 27261
FDIC's unique number: 39360
The FDIC Field Office where an institution is physically located: Philadelphia

Federal Reserve ID Number: 1191398
Report Date: 1999-06-30

Bank Charter Class: SM
The date of the last data update: 1999-10-28

1988-06-01 Institution established. Original name: First Sterling Bank.
1997-10-02 Acquired Prime Bank in Philadelphia, Pennsylvania.
1997-10-02 Changed name to Prime Bank .
1997-10-02 Moved bank headquarters from Devon, Pennsylvania to Philadelphia, Pennsylvania.
1999-09-18 Merged into and subsequently operated as part of Summit Bank in Bethlehem, Pennsylvania.
2001-03-01 Merged into and subsequently operated as part of Fleet National Bank in Providence, Rhode Island.
2004-02-01 Acquired Progress Bank in Blue Bell, Pennsylvania.
2005-03-18 Acquired Fleet Maine, National Association in South Portland, Maine.
2005-06-13 Merged into and subsequently operated as part of Bank of America, National Association in Charlotte, North Carolina.
2006-09-22 Acquired Mbna America Delaware, National Association in Wilmington, Delaware.
2008-02-22 Acquired United States Trust Company , National Association in New York, New York.
2008-06-30 Acquired Bank Of America Georgia, National Association in Atlanta, Georgia.
2008-10-17 Acquired Lasalle Bank National Association in Chicago, Illinois.
2008-10-17 Acquired Lasalle Bank Midwest National Association in Troy, Michigan.
2009-01-16 Maintained operations with government open bank assistance.
2009-04-27 Acquired Countrywide Bank, Fsb in Centennial, Colorado.
2009-07-01 Acquired Merrill Lynch Bank Usa in Salt Lake City, Utah.
2009-11-02 Acquired Merrill Lynch Bank & Trust Co., Fsb in New York, New York.

Total assets: $1,077,030,000
Total deposits: $756,566,000
Last updated on: 2011-10-20

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