Sovereign Community Bank
Status: | Inactive as of 03/31/1997 |
Absorption - Without Assistance | |
Successor Bank: | Santander Bank, N.A. |
Headquarters: | Sovereign Community Bank 521 Park Avenue Freehold, NJ 07728 |
Established: | 08/29/1988 |
FDIC Insurance: | 08/09/1989 |
FDIC Cert: | #27323 |
Charter Class: | Savings banks, state charter, supervised by the FDIC |
Total Assets: | $232,689,000 |
Total Deposits: | $217,058,000 |
History
1988-08-29 | Institution established: Original name:Colonial State Bank | |
1995-11-15 | Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to OFFICE OF THRIFT SUPERVISION | |
1995-11-15 | Changed organization type to STOCK SAVINGS BANK | |
1995-11-15 | Reorganized. | |
1995-11-15 | Changed name to Colonial Bank for Savings, a Federal Savings Bank | |
1996-04-01 | Changed name to Sovereign Community Bank | |
1997-03-31 | Merged into and subsequently operated as part of Sovereign Bank (29950) in WYOMISSING, PA | |
1997-08-30 | Acquired Bankers Savings (12029) in PERTH AMBOY, NJ | |
1998-03-01 | Acquired Main Line Bank (29628) in VILLANOVA, PA | |
1998-07-31 | Acquired Carnegie Bank, National Association (27194) in LANGHORNE, PA | |
1998-07-31 | Acquired First Home Savings Bank, F.S.B. (31771) in PENNSVILLE, NJ | |
1999-06-30 | Acquired Trenton Savings Bank FSB (12009) in LAWRENCEVILLE, NJ | |
1999-06-30 | Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED | |
2002-03-08 | Acquired Main Street Bank (27104) in READING, PA | |
2002-05-03 | Acquired Sovereign Trust Company (33208) in MANCHESTER TOWNSHIP, NJ | |
2004-02-06 | Acquired First Essex Bank (90219) in LAWRENCE, MA | |
2004-07-23 | Acquired Compass Bank for Savings (23291) in NEW BEDFORD, MA | |
2004-07-23 | Acquired Nantucket Bank (22055) in NANTUCKET, MA | |
2005-02-11 | Acquired Waypoint Bank (30174) in HARRISBURG, PA | |
2006-09-09 | Acquired Independence Community Bank (16018) in BROOKLYN, NY | |
2011-06-20 | Moved bank headquarters from FREEHOLD, NJ to WILMINGTON, DE | |
2011-07-21 | Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to COMPTROLLER OF THE CURRENCY | |
2012-01-26 | Changed institution class to INSURED COMMERCIAL BANK, NATIONAL, MEMBER FRS | |
2012-01-26 | Changed organization type to COMMERCIAL BANK | |
2012-01-26 | Changed name to Sovereign Bank, National Association (29950) | |
2013-10-17 | Changed name to Santander Bank, N.A. (29950) |