Valley Federal Savings and Loan Association

Pennsylvania – Northampton – Easton

(SA) Savings associations, state or federal charter

inactive

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Details

(SA) Savings associations, state or federal charter

inactive

27687

1878

FDIC Certificate Number: 27687
FDIC's unique number: 40521
The FDIC Field Office where an institution is physically located: Philadelphia

Federal Reserve ID Number: 213079
Report Date: 1993-09-30

Bank Charter Class: SA
The date of the last data update: 1993-12-14

1878-01-01 Institution established. Original name: Valley Federal Savings And Loan Association.
1985-03-31 Changed organization type to Stock Savings & Loan.
1993-11-06 Merged into and subsequently operated as part of Sovereign Bank, A Federal Savings Bank in Wyomissing, Pennsylvania.
1994-08-05 Acquired Shadow Lawn Savings Bank, Sla in Long Branch, New Jersey.
1994-10-31 Acquired Charter Federal Savings Bank in Randolph Township, New Jersey.
1996-05-31 Acquired West Jersey Community Bank in Fairfield, New Jersey.
1996-12-23 Changed name to Sovereign Bank .
1997-02-19 Acquired First Dewitt Bank in West Caldwell, New Jersey.
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: $316,136,000
Total deposits: $258,215,000
Last updated on: 2011-10-20

No affiliations

No associations

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Profile ID: LFUS-BAB-P-16470

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