Bankers Savings

Status:Inactive as of 08/30/1997
 Merger - Without Assistance
Successor Bank:Santander Bank, N.A.
Headquarters:Bankers Savings
210 Smith Street
Perth Amboy, NJ 08862
Established:07/01/1869
FDIC Insurance:01/01/1934
FDIC Cert:#12029
Charter Class:
Total Assets:$2,566,835,000
Total Deposits:$1,670,189,000

History

1869-07-01Institution established: Original name:The Perth Amboy Savings Institution
1987-06-22Changed name to Bankers Savings
1990-03-23Changed organization type to STOCK SAVINGS BANK
1991-09-27Acquired Mainstay Federal Savings, F.S.B. (33160) in RED BANK, NJ
1997-08-30Merged into and subsequently operated as part of Sovereign Bank (29950) in WYOMISSING, PA
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
1999-06-30Acquired 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 FEDERAL DEPOSIT INSURANCE CORPORATION to COMPTROLLER OF THE CURRENCY
2012-01-26Changed institution class to INSURED COMMERCIAL BANK, NATIONAL, MEMBER FRS
2012-01-26Changed organization type to COMMERCIAL BANK
2012-01-26Changed name to Sovereign Bank, National Association (29950)
2013-10-17Changed name to Santander Bank, N.A. (29950)

Financial Information (1996-12-31 and Older)