Valley Federal Savings and Loan Association

Status:Inactive as of 11/06/1993
 Merger - Without Assistance
Successor Bank:Santander Bank, N.A.
Headquarters:Valley Federal Savings and Loan Association
100 North 3rd Street
Easton, PA 18042
Established:01/01/1878
FDIC Insurance:05/02/1941
FDIC Cert:#27687
Charter Class:
Total Assets:$316,136,000
Total Deposits:$258,215,000

History

1878-01-01Institution established: Original name:Valley Federal Savings and Loan Association
1985-03-31Changed organization type to STOCK SAVINGS & LOAN
1993-11-06Merged into and subsequently operated as part of Sovereign Bank, A Federal Savings Bank (29950) in WYOMISSING, PA
1994-08-05Acquired Shadow Lawn Savings Bank, SLA (30042) in LONG BRANCH, NJ
1994-10-31Acquired Charter Federal Savings Bank (30653) in RANDOLPH TOWNSHIP, NJ
1996-05-31Acquired West Jersey Community Bank (32913) in FAIRFIELD, NJ
1996-12-23Changed name to Sovereign Bank (29950)
1997-02-19Acquired First Dewitt Bank (30198) in WEST CALDWELL, NJ
1997-03-31Acquired Sovereign Community Bank (27323) in FREEHOLD, NJ
1997-08-30Acquired Bankers Savings (12029) in PERTH AMBOY, NJ
1998-03-01Acquired Main Line Bank (29628) in VILLANOVA, PA
1998-07-31Acquired First Home Savings Bank, F.S.B. (31771) in PENNSVILLE, NJ
1998-07-31Acquired Carnegie Bank, National Association (27194) in LANGHORNE, PA
1999-06-30Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
1999-06-30Acquired Trenton Savings Bank FSB (12009) in LAWRENCEVILLE, NJ
2002-03-08Acquired Main Street Bank (27104) in READING, PA
2002-05-03Acquired Sovereign Trust Company (33208) in MANCHESTER TOWNSHIP, NJ
2004-02-06Acquired First Essex Bank (90219) in LAWRENCE, MA
2004-07-23Acquired Nantucket Bank (22055) in NANTUCKET, MA
2004-07-23Acquired Compass Bank for Savings (23291) in NEW BEDFORD, MA
2005-02-11Acquired Waypoint Bank (30174) in HARRISBURG, PA
2006-09-09Acquired Independence Community Bank (16018) in BROOKLYN, NY
2011-06-20Moved bank headquarters from WYOMISSING, PA to WILMINGTON, DE
2011-07-21Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to COMPTROLLER OF THE CURRENCY
2012-01-26Changed organization type to COMMERCIAL BANK
2012-01-26Changed institution class to INSURED COMMERCIAL BANK, NATIONAL, MEMBER FRS
2012-01-26Changed name to Sovereign Bank, National Association (29950)
2013-10-17Changed name to Santander Bank, N.A. (29950)

Financial Information (1992-12-31 and Older)