Palm Beach Federal Savings Association

Status:Inactive as of 10/08/1993
 Pass Through Receivership Merger
Conservatorship Institution Resolved
Successor Bank:SouthBank, a Federal Savings Bank
Headquarters:Palm Beach Federal Savings Association
10891 North Military Trail
Palm Beach Gardens, FL 33410
Established:12/08/1992
FDIC Insurance:12/08/1992
FDIC Cert:#33752
Charter Class:
Total Assets:$40,689,000
Total Deposits:$29,005,000

History

1992-12-08Acquired Palm Beach Federal Savings Bank (32244) in PALM BEACH GARDENS, FL
1992-12-08Institution established: Original name:Palm Beach Federal Savings Association
1993-10-08Institution established: Original name:SouthBank, a Federal Savings Bank (33848)
1993-10-08Acquired after government financial assistance and subsequently operated as part of SouthBank, a Federal Savings Bank (33848)
1993-10-08Government conservatorship or bridge bank resolved.
2011-07-21Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to COMPTROLLER OF THE CURRENCY
2015-07-31Closed voluntarily and liquidated its assets.

Financial Information (1992-12-31 and Older)