Mainstay Federal Savings Bank
Status: | Inactive as of 07/20/1990 |
Absorption - Assisted Institution Enters Conservatorship | |
Successor Bank: | Mainstay Federal Savings, F.S.B. |
Headquarters: | Mainstay Federal Savings Bank 36 Monmouth St Red Bank, NJ 07701 |
Established: | 01/01/1923 |
FDIC Insurance: | 08/09/1989 |
FDIC Cert: | #30140 |
Charter Class: | Savings banks, state charter, supervised by the FDIC |
Total Assets: | $226,096,000 |
Total Deposits: | $165,855,000 |
History
1923-01-01 | Institution established: Original name:Mainstay Federal Savings and Loan Association | |
1989-05-31 | Changed organization type to MUTUAL SAVINGS BANK | |
1989-05-31 | Changed name to Mainstay Federal Savings Bank | |
1990-07-20 | Failed, went into receivership, and then became part of Mainstay Federal Savings, F.S.B. (33160) | |
1990-07-20 | Institution established: Original name:Mainstay Federal Savings, F.S.B. (33160) | |
1990-07-20 | Placed into government conservatorship. | |
1991-09-27 | Government conservatorship or bridge bank resolved. | |
1991-09-27 | Acquired after government financial assistance and subsequently operated as part of Bankers Savings (12029) | |
1997-08-30 | Merged into and subsequently operated as part of Sovereign Bank (29950) in WYOMISSING, PA | |
1998-03-01 | Acquired Main Line Bank (29628) in VILLANOVA, PA | |
1998-07-31 | Acquired First Home Savings Bank, F.S.B. (31771) in PENNSVILLE, NJ | |
1998-07-31 | Acquired Carnegie Bank, National Association (27194) in LANGHORNE, PA | |
1999-06-30 | Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED | |
1999-06-30 | Acquired Trenton Savings Bank FSB (12009) in LAWRENCEVILLE, NJ | |
2002-03-08 | Acquired Main Street Bank (27104) in READING, PA | |
2002-05-03 | Acquired Sovereign Trust Company (33208) in MANCHESTER TOWNSHIP, NJ | |
2004-02-06 | Acquired First Essex Bank (90219) in LAWRENCE, MA | |
2004-07-23 | Acquired Compass Bank for Savings (23291) in NEW BEDFORD, MA | |
2004-07-23 | Acquired Nantucket Bank (22055) in NANTUCKET, MA | |
2005-02-11 | Acquired Waypoint Bank (30174) in HARRISBURG, PA | |
2006-09-09 | Acquired Independence Community Bank (16018) in BROOKLYN, NY | |
2011-06-20 | Moved bank headquarters from WYOMISSING, PA to WILMINGTON, DE | |
2011-07-21 | Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to COMPTROLLER OF THE CURRENCY | |
2012-01-26 | Changed institution class to INSURED COMMERCIAL BANK, NATIONAL, MEMBER FRS | |
2012-01-26 | Changed organization type to COMMERCIAL BANK | |
2012-01-26 | Changed name to Sovereign Bank, National Association (29950) | |
2013-10-17 | Changed name to Santander Bank, N.A. (29950) |