Monument Federal Savings and Loan Association

Status:Inactive as of 01/31/1977
 Merger - Assisted
Successor Bank:Comfed Savings Bank
Headquarters:Monument Federal Savings and Loan Association
11 Park Street
Leominster, MA 01453
Established:01/01/1888
FDIC Insurance:06/12/1937
FDIC Cert:#28298
Charter Class:

History

1888-01-01Institution established: Original name:Monument Federal Savings and Loan Association
1977-01-31Failed. Acquired with government financial assistance and subsequently operated as part of Commonwealth Federal Savings Bank (29457)
1982-06-30Acquired Union Federal Savings and Loan Association (28367) in PITTSFIELD, MA
1984-10-31Changed name to Comfed Savings Bank (29457)
1986-12-31Acquired Heritage Savings and Loan Association (28301) in MANCHESTER, CT
1990-12-14Placed into government conservatorship.
1991-02-01Failed. Acquired with government financial assistance and subsequently operated as part of Comfed Savings Bank, F.A. (33302)
1991-02-01Institution established: Original name:Comfed Savings Bank, F.A. (33302)
1991-09-13Government conservatorship or bridge bank resolved.
1991-09-13Ceased operations as a result of a government supervised payoff, liquidation, or closing. No active institution received any of its deposits.