Berkeley Federal Savings Bank

Status:Inactive as of 06/30/1993
 Merger - Without Assistance
Successor Bank:Ocwen Federal Bank FSB
Headquarters:Berkeley Federal Savings Bank
555 Millburn Avenue
Millburn, NJ 07041
Established:11/01/1941
FDIC Insurance:08/09/1989
FDIC Cert:#30178
Charter Class:Savings banks, state charter, supervised by the FDIC
Total Assets:$688,375,000
Total Deposits:$655,659,000

History

1941-11-01Institution established: Original name:Berkeley Federal Savings and Loan Association of New Jersey
1990-02-28Changed name to Berkeley Federal Savings Bank
1990-02-28Changed organization type to MUTUAL SAVINGS BANK
1993-06-30Changed name to Berkeley Federal Bank and Trust, F.S.B. (30028)
1993-06-30Merged into and subsequently operated as part of Berkeley Federal Bank and Trust, F.S.B. (30028) in PALISADES PARK, NJ
1995-11-17Moved bank headquarters from PALISADES PARK, NJ to FORT LEE, NJ
1996-10-01Changed name to Ocwen Federal Bank FSB (30028)
2005-06-30Closed voluntarily and liquidated its assets.

Financial Information (1992-12-31 and Older)