Prospect Park Savings Bank, SLA

Status:Inactive as of 04/19/1991
 Absorption - Assisted
Institution Enters Conservatorship
Successor Bank:Prospect Park Federal Savings Bank
Headquarters:Prospect Park Savings Bank, SLA
989 Mc Bride Avenue
Little Falls, NJ 07424
Established:01/01/1926
FDIC Insurance:06/02/1937
FDIC Cert:#29844
Charter Class:
Total Assets:$511,522,000
Total Deposits:$474,313,000

History

1926-01-01Institution established: Original name:Prospect Park Savings and Loan Association
1987-05-31Changed organization type to STOCK SAVINGS & LOAN
1987-05-31Moved bank headquarters from HALEDON, NJ to WEST PATERSON, NJ
1988-01-31Changed name to Prospect Park Savings Bank, SLA
1991-04-19Failed, went into receivership, and then became part of Prospect Park Federal Savings Bank (33384)
1991-04-19Institution established: Original name:Prospect Park Federal Savings Bank (33384)
1991-04-19Placed into government conservatorship.
1994-04-22Government conservatorship or bridge bank resolved.
1994-04-22Acquired after government financial assistance and subsequently operated as part of Lakeview Savings Bank (28338)
1998-02-28Acquired Westwood Savings Bank (28568) in WESTWOOD, NJ
1999-05-21Merged into and subsequently operated as part of The Dime Savings Bank of New York, FSB (16011) in NEW YORK CITY, NY
2002-01-07Merged into and subsequently operated as part of Washington Mutual Bank, FA (32633) in STOCKTON, CA
2005-01-01Acquired Washington Mutual Bank (9576) in SEATTLE, WA
2005-04-04Changed name to Washington Mutual Bank (32633)
2005-09-23Moved bank headquarters from STOCKTON, CA to HENDERSON, NV
2005-10-01Acquired Providian National Bank (6252) in TILTON, NH
2006-03-01Reorganized.
2006-10-01Acquired Commercial Capital Bank, FSB (32316) in IRVINE, CA
2008-09-25Acquired Washington Mutual Bank FSB (33891) in PARK CITY, UT
2008-09-25Failed. Acquired with government financial assistance and subsequently operated as part of JPMorgan Chase Bank, National Association (628)
2011-05-01Reorganized.
2011-06-01Reorganized.
2011-10-01Reorganized.
2011-10-14Acquired Custodial Trust Company (25809) in JERSEY CITY, NJ
2015-08-31Acquired JPMorgan Bank and Trust Company, National Association (58729) in SAN FRANCISCO, CA
2019-05-18Acquired Chase Bank USA, National Association (23702) in WILMINGTON, DE