Charter Bank

Status:Inactive as of 01/22/2010
 Absorption - Assisted
Successor Bank:Charter Bank
Headquarters:Charter Bank
809 Saint Michaels Drive
Santa Fe, NM 87505
Established:09/11/1986
FDIC Insurance:08/09/1989
FDIC Cert:#32498
Charter Class:Savings banks, state charter, supervised by the FDIC
Total Assets:$1,201,922,000
Total Deposits:$859,933,000

History

1986-09-11Institution established: Original name:Charter Bank for Savings FSB
1986-09-30Acquired De Vargas Savings and Loan Bank (31615) in SANTA FE, NM
1992-09-01Changed name to Charter Bank for Savings, FSB
1998-09-23Changed name to Charter Bank
2010-01-22Failed. Acquired with government financial assistance and subsequently operated as part of Charter Bank (59030)
2010-01-22Institution established: Original name:Charter Bank (59030)
2010-07-17Moved bank headquarters from SANTA FE, NM to ALBUQUERQUE, NM
2011-07-21Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to COMPTROLLER OF THE CURRENCY
2011-10-14Merged into and subsequently operated as part of Beal Bank, SSB (32574) in PLANO, TX
2020-12-15Changed name to Beal Bank.
2020-12-15Changed Bank Class to NM.
2020-12-15Changed Organization Type to COMMERCIAL BANK.

Financial Information (2009-12-31 and Older)