New Jersey
Bergen
Closter
(SB) Savings banks, state charter
inactive
27954
1888
FDIC Certificate Number: 27954
FDIC's unique number: 40788
The FDIC Field Office where an institution is physically located: Jamesburg
Federal Reserve ID Number: 536572
Report Date: 1994-09-30
Bank Charter Class: SB
The date of the last data update: 1994-12-05
1888-01-01 Institution established. Original name: Valley Savings And Loan Association.
1988-01-31 Changed name to Valley Savings Bank, Sla .
1988-11-30 Changed organization type to Stock Savings & Loan.
1992-12-31 Changed name to Valley Savings Bank .
1992-12-31 Changed primary regulatory agency from Office Of Thrift Supervision to Federal Deposit Insurance Corporation.
1992-12-31 Changed organization type to Stock Savings Bank.
1994-11-19 Merged into and subsequently operated as part of United Jersey Bank in Hackensack, New Jersey.
1995-02-18 Acquired Palisade Savings Bank, F.S.B. in Ridgefield Park, New Jersey.
1995-09-23 Acquired New Jersey Savings Bank in Somerville, New Jersey.
1996-02-24 Acquired The Flemington National Bank And Trust Company in Flemington, New Jersey.
1996-07-13 Changed name to Summit Bank .
1996-07-13 Acquired Summit Bank in Summit, New Jersey.
1997-02-08 Acquired Central Jersey Savings Bank, Sla in East Brunswick, New Jersey.
1997-06-07 Acquired The Bank Of Mid-jersey in Bordentown, New Jersey.
1998-03-14 Acquired Collective Bank in Egg Harbor, New Jersey.
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: $373,961,000
Total deposits: $279,544,000
Last updated on: 2011-10-20
No affiliations
No associations
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Profile ID: LFUS-BAB-P-19292