Cloverbank
Status: | Inactive as of 06/01/2001 |
Merger - Without Assistance | |
Successor Bank: | Farmers and Mechanics Bank |
Headquarters: | Cloverbank Rt 130 & Merchantville Avenue Pennsauken, NJ 08110 |
Established: | 01/01/1861 |
FDIC Insurance: | 08/09/1989 |
FDIC Cert: | #31862 |
Charter Class: | Savings banks, state charter, supervised by the FDIC |
Total Assets: | $29,425,000 |
Total Deposits: | $26,892,000 |
History
1861-01-01 | Institution established: Original name:Clover Federal Savings and Loan Association | |
1995-05-31 | Changed organization type to MUTUAL SAVINGS BANK | |
1995-05-31 | Changed name to Cloverbank | |
2001-05-31 | Changed organization type to STOCK SAVINGS BANK | |
2001-06-01 | Merged into and subsequently operated as part of Farmers and Mechanics Bank (28435) in BURLINGTON, NJ | |
2007-07-13 | Merged into and subsequently operated as part of Beneficial Mutual Savings Bank (15697) in PHILADELPHIA, PA | |
2012-04-02 | Acquired St. Edmond's Federal Savings Bank (28916) in PHILADELPHIA, PA | |
2014-02-01 | Moved bank headquarters from BURLINGTON, NJ to PHILADELPHIA, PA | |
2015-01-15 | Changed name to Beneficial Bank (15697) | |
2016-04-15 | Acquired Conestoga Bank (27013) in CHESTER SPRINGS, PA | |
2019-03-01 | Merged into and subsequently operated as part of Wilmington Savings Fund Society, FSB (17838) in WILMINGTON, DE |