Central Federal Savings Bank of PR
Status: | Inactive as of 10/31/1986 |
Merger - Without Assistance | |
Successor Bank: | Caguas Federal Savings and Loan Association of Puerto Rico |
Headquarters: | Central Federal Savings Bank of PR 66 Coll & Toste Streets , 00612 |
Established: | 10/06/1958 |
FDIC Insurance: | 10/06/1958 |
FDIC Cert: | #31049 |
Charter Class: | Savings banks, state charter, supervised by the FDIC |
Total Assets: | $207,435,000 |
Total Deposits: | $141,264,000 |
History
1958-10-06 | Institution established: Original name:Central Federal Savings Bank | |
1985-10-31 | Changed name to Central Federal Savings Bank of PR | |
1986-10-31 | Merged into and subsequently operated as part of Caguas Federal Savings and Loan Association of Puerto Rico (31078) in CAGUAS, PR | |
1990-05-25 | Placed into government conservatorship. | |
1990-08-31 | Government conservatorship or bridge bank resolved. | |
1990-08-31 | Acquired after government financial assistance and subsequently operated as part of Banco Santander Puerto Rico (20828) | |
1991-09-04 | Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED | |
1994-11-30 | Acquired Santander National Bank (31162) in BAYAMON, PR | |
1994-11-30 | Changed from the Savings Association Insurance Fund to the Bank Insurance Fund. | |
1996-10-12 | Acquired Banco Central Hispano - Puerto Rico (22519) in SAN JUAN, PR | |
2006-03-31 | Moved bank headquarters from CAGUAS, PR to SAN JUAN, PR | |
2007-12-31 | Reorganized. | |
2020-09-01 | Merged into and subsequently operated as part of FirstBank Puerto Rico (30387) in Santurce, PR |