Shrewsbury State Bank

Status:Inactive as of 03/31/2005
 Merger - Without Assistance
Successor Bank:Valley National Bank
Headquarters:Shrewsbury State Bank
465 Broad Street
Shrewsbury, NJ 07702
Established:03/25/1974
FDIC Insurance:03/25/1974
FDIC Cert:#21492
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$428,074,000
Total Deposits:$343,360,000

History

1974-03-25Institution established: Original name:Shrewsbury State Bank
2005-03-31Merged into and subsequently operated as part of Valley National Bank (9396) in PASSAIC, NJ
2005-06-03Acquired NorCrown Bank (26267) in LIVINGSTON, NJ
2008-07-01Acquired Greater Community Bank (26480) in TOTOWA, NJ
2008-09-12Reorganized.
2010-03-11Acquired LibertyPointe Bank (58071) in NEW YORK, NY as part of a government assisted transaction.
2010-03-12Acquired The Park Avenue Bank (27096) in NEW YORK, NY as part of a government assisted transaction.
2011-06-30Reorganized.
2012-01-01Acquired State Bank of Long Island (19695) in JERICHO, NY
2014-11-01Acquired 1st United Bank (35408) in BOCA RATON, FL
2015-12-01Acquired CNLBank (34427) in ORLANDO, FL
2018-01-01Acquired USAmeriBank (58427) in CLEARWATER, FL
2019-12-01Acquired Oritani Bank (28866) in TOWNSHIP OF WASHINGTON, NJ

Financial Information (2004-12-31 and Older)