Public Savings Bank

Status:Inactive as of 08/18/2011
 Absorption - Assisted
Successor Bank:Capital Bank
Headquarters:Public Savings Bank
2755 Philmont Avenue
Huntingdon Valley, PA 19006
Established:01/01/1984
FDIC Insurance:02/12/1996
FDIC Cert:#34130
Charter Class:
Total Assets:$46,818,000
Total Deposits:$45,770,000

History

1984-01-01Institution established but was not FDIC insured. Original name: Public Savings Association
1996-02-12Changed primary regulatory agency from STATE to FEDERAL DEPOSIT INSURANCE CORPORATION
1996-02-12Changed organization type to STOCK SAVINGS BANK
1996-02-12Became FDIC insured.
1996-02-12Changed name to Public Savings Bank
1997-03-21Moved bank headquarters from BALA CYNWYD, PA to WILLOW GROVE, PA
2006-09-01Moved bank headquarters from WILLOW GROVE, PA to SOUTHAMPTON, PA
2007-07-21Moved bank headquarters from SOUTHAMPTON, PA to HUNTINGDON VALLEY, PA
2011-08-18Failed. Acquired with government financial assistance and subsequently operated as part of Capital Bank, National Association (35278)
2012-01-20Acquired American Eagle Savings Bank (31581) in BOOTHWYN, PA as part of a government assisted transaction.
2013-05-10Acquired Pisgah Community Bank (58701) in ASHEVILLE, NC as part of a government assisted transaction.

Financial Information (2011-06-30 and Older)