Butterfield Savings and Loan Association, FSA

Status:Inactive as of 01/01/1990
 Pass Through Receivership Merger
Successor Bank:Downey Savings and Loan Association, F.A.
Headquarters:Butterfield Savings and Loan Association, FSA
200 E Sandpointe Drive
Santa Ana, CA 92707
Established:09/29/1988
FDIC Insurance:09/29/1988
FDIC Cert:#32617
Charter Class:
Total Assets:$590,988,000
Total Deposits:$318,642,000

History

1988-09-29Acquired Butterfield Savings and Loan Association, A Federal Savings and Loan Ass (32415) in SANTA ANA, CA as part of a government assisted transaction.
1988-09-29Institution established: Original name:Butterfield Savings and Loan Association, FSA
1990-01-01Acquired after government financial assistance and subsequently operated as part of Downey Savings and Loan Association (30968)
1995-03-01Changed name to Downey Savings and Loan Association, F.A. (30968)
2006-03-31Moved bank headquarters from SANTA ANA, CA to NEWPORT BEACH, CA
2008-11-21Acquired PFF Bank & Trust (28344) in POMONA, CA as part of a government assisted transaction.
2008-11-21Failed. Acquired with government financial assistance and subsequently operated as part of U.S. Bank National Association (6548)
2009-04-24Acquired First Bank of Idaho, FSB (34396) in KETCHUM, ID as part of a government assisted transaction.
2009-10-30Acquired San Diego National Bank (23594) in SAN DIEGO, CA as part of a government assisted transaction.
2009-10-30Acquired Park National Bank (11677) in CHICAGO, IL as part of a government assisted transaction.
2009-10-30Acquired Pacific National Bank (30006) in SAN FRANCISCO, CA as part of a government assisted transaction.
2009-10-30Acquired North Houston Bank (18776) in HOUSTON, TX as part of a government assisted transaction.
2009-10-30Acquired Community Bank of Lemont (35291) in LEMONT, IL as part of a government assisted transaction.
2009-10-30Acquired Madisonville State Bank (33782) in MADISONVILLE, TX as part of a government assisted transaction.
2009-10-30Acquired California National Bank (34659) in LOS ANGELES, CA as part of a government assisted transaction.
2009-10-30Acquired Citizens National Bank (25222) in TEAGUE, TX as part of a government assisted transaction.
2009-10-30Acquired Bank USA, National Association (32218) in PHOENIX, AZ as part of a government assisted transaction.
2010-01-01Reorganized.
2011-01-28Acquired First Community Bank (12261) in TAOS, NM as part of a government assisted transaction.
2011-12-31Reorganized.
2012-01-27Acquired BankEast (19869) in KNOXVILLE, TN as part of a government assisted transaction.
2012-11-12Reorganized.
2013-05-13Acquired U.S. Bank National Association ND (34590) in FARGO, ND