Amerifederal Savings Bank
Status: | Inactive as of 03/01/1991 |
Absorption - Assisted Institution Enters Conservatorship | |
Successor Bank: | AmeriFederal Savings Bank, FSB |
Headquarters: | Amerifederal Savings Bank Quakerbridge Exec Center, Grovers Mil Lawrence Township, NJ 08648 |
Established: | 08/27/1984 |
FDIC Insurance: | 08/09/1989 |
FDIC Cert: | #32235 |
Charter Class: | Savings banks, state charter, supervised by the FDIC |
Total Assets: | $110,647,000 |
Total Deposits: | $99,469,000 |
History
1984-08-27 | Institution established: Original name:Amerifederal Savings Bank | |
1988-07-31 | Acquired Robert Treat Savings and Loan Association (30171) in NEWARK, NJ | |
1988-11-30 | Moved bank headquarters from LAWRENCE TOWNSHIP, NJ to LAWRENCEVILLE, NJ | |
1991-03-01 | Placed into government conservatorship. | |
1991-03-01 | Failed, went into receivership, and then became part of AmeriFederal Savings Bank, FSB (33328) | |
1991-03-01 | Institution established: Original name:AmeriFederal Savings Bank, FSB (33328) | |
1991-09-20 | Government conservatorship or bridge bank resolved. | |
1991-09-20 | Ceased operations as a result of a government supervised payoff, liquidation, or closing. No active institution received any of its deposits. |