Carnegie Bank

Status:Inactive as of 07/31/1998
 Merger - Without Assistance
Successor Bank:Santander Bank, N.A.
Headquarters:Carnegie Bank
100 North Buckstown Drive, Suite E-204
Langhorne, PA 19047
Established:03/09/1988
FDIC Insurance:03/09/1988
FDIC Cert:#27194
Charter Class:Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Total Assets:$410,743,000
Total Deposits:$331,485,000

History

1988-03-09Institution established: Original name:Carnegie Bank
1990-10-01Changed name to Carnegie Bank, National Association
1990-10-01Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to COMPTROLLER OF THE CURRENCY
1994-04-12Reorganized.
1996-05-22Moved bank headquarters from WEST WINDSOR TOWNSHIP, NJ to LANGHORNE, PA
1998-07-31Acquired First Home Savings Bank, F.S.B. (31771) in PENNSVILLE, NJ
1998-07-31Merged into and subsequently operated as part of Sovereign Bank (29950) in WYOMISSING, PA
1999-06-30Acquired Trenton Savings Bank FSB (12009) in LAWRENCEVILLE, NJ
1999-06-30Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
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
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 (1997-12-31 and Older)