Atlantic Financial Savings Bank, FSB

Status:Inactive as of 07/26/1991
 Absorption - Assisted
Institution Enters Conservatorship
Successor Bank:Atlantic Financial Federal Savings Bank
Headquarters:Atlantic Financial Savings Bank, FSB
140 Battery Street
San Francisco, CA 94111
Established:03/08/1985
FDIC Insurance:03/08/1985
FDIC Cert:#32301
Charter Class:
Total Assets:$448,913,000
Total Deposits:$413,500,000

History

1985-03-08Institution established: Original name:First United Federal Savings Bank
1985-11-30Changed name to Atlantic Finacial Savings Bank, FSB
1986-09-30Acquired North Coast Savings and Loan Association (32127) in NAPA, CA
1987-08-31Acquired Centurion Savings and Loan Association (32061) in LOS ANGELES, CA
1991-07-26Placed into government conservatorship.
1991-07-26Failed, went into receivership, and then became part of Atlantic Financial Federal Savings Bank (33466)
1991-07-26Institution established: Original name:Atlantic Financial Federal Savings Bank (33466)
1992-04-10Acquired after government financial assistance and subsequently operated as part of Bank of the West (3514)
1992-04-10Government conservatorship or bridge bank resolved.
1996-04-29Acquired Northbay Savings Bank, FSB (31483) in PETALUMA, CA
1998-11-01Acquired Pacific One Bank (34181) in PORTLAND, OR
1999-07-01Acquired SierraWest Bank (23323) in TRUCKEE, CA
2001-02-16Acquired First Security Bank of New Mexico, National Association (2233) in ALBUQUERQUE, NM
2002-04-01Acquired UNITED CALIFORNIA BANK (20589) in LOS ANGELES, CA
2004-01-01Reorganized.
2004-12-03Acquired Community First National Bank (3924) in FARGO, ND
2005-02-08Acquired Union Safe Deposit Bank (8473) in STOCKTON, CA
2005-12-03Acquired Commercial Federal Bank, a Federal Savings Bank (30341) in OMAHA, NE