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Carteret Bank and Trust Company

Status:Inactive as of 11/29/1985
 Merger - Without Assistance
Successor Bank:Peoples Bank
Headquarters:Carteret Bank and Trust Company
2 Holmes Street
Carteret, NJ 07008
Established:09/15/1923
FDIC Insurance:01/01/1934
FDIC Cert:#537
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$72,883,000
Total Deposits:$65,969,000

History

1923-09-15Institution established: Original name:Carteret Bank and Trust Company
1985-11-29Merged into and subsequently operated as part of Peoples Bank, National Association (6303) in BELLEVILLE, NJ
1993-06-18Merged into and subsequently operated as part of Valley National Bank (9396) in PASSAIC, NJ
1994-11-30Acquired RockBank (20389) in PLAINFIELD, NJ
1995-02-28Acquired American Union Bank (32966) in UNION, NJ
1995-06-30Acquired Lakeland Savings Bank (30690) in SUCCASUNNA, NJ
1997-03-01Acquired The Midland Bank and Trust Company (17867) in PARAMUS, NJ
1998-10-16Acquired Wayne Savings Bank, F.S.B. (28728) in WAYNE, NJ
1999-06-11Acquired The Ramapo Bank (19721) in WAYNE TOWNSHIP, NJ
2001-01-19Acquired The Merchants Bank of New York (643) in NEW YORK CITY, NY
2001-12-26Reorganized.
2005-03-31Acquired Shrewsbury State Bank (21492) in SHREWSBURY, NJ
2005-06-03Acquired NorCrown Bank (26267) in LIVINGSTON, NJ
2008-07-01Acquired Greater Community Bank (26480) in TOTOWA, NJ
2008-09-12Reorganized.
2010-03-11Acquired LibertyPointe Bank (58071) in NEW YORK, NY as part of a government assisted transaction.
2010-03-12Acquired The Park Avenue Bank (27096) in NEW YORK, NY as part of a government assisted transaction.
2011-06-30Reorganized.
2012-01-01Acquired State Bank of Long Island (19695) in JERICHO, NY
2014-11-01Acquired 1st United Bank (35408) in BOCA RATON, FL
2015-12-01Acquired CNLBank (34427) in ORLANDO, FL
2018-01-01Acquired USAmeriBank (58427) in CLEARWATER, FL
2019-12-01Acquired Oritani Bank (28866) in TOWNSHIP OF WASHINGTON, NJ