Collective Bank

Status:Inactive as of 03/14/1998
 Merger - Without Assistance
Successor Bank:Summit Bank
Headquarters:Collective Bank
158 Philadelphia Avenue
Egg Harbor City, NJ 08215
Established:01/01/1927
FDIC Insurance:08/09/1989
FDIC Cert:#28429
Charter Class:Savings banks, state charter, supervised by the FDIC
Total Assets:$3,950,708,000
Total Deposits:$3,498,826,000

History

1927-01-01Institution established: Original name:Collective Federal Savings and Loan Association
1980-05-31Acquired Continental Savings and Loan Association (31221) in GLOUCESTER CITY, NJ
1984-09-30Changed organization type to STOCK SAVINGS & LOAN
1986-10-31Changed name to Collective Federal Savings Bank
1990-07-31Acquired Glen Ridge Savings and Loan Association (28540) in GLEN RIDGE, NJ
1990-07-31Moved bank headquarters from EGG HARBOR CITY, NJ to EGG HARBOR, NJ
1990-09-28Acquired Metropolitan Federal Savings and Loan Association (30374) in DENVILLE, NJ
1991-08-02Acquired Trident Federal Savings and Loan Association, F.A. (33291) in NEWARK, NJ
1993-04-01Acquired The Montclair Savings Bank (16142) in MONTCLAIR, NJ
1994-04-15Acquired Hansen Federal Savings Association (33545) in HAMMONTON, NJ as part of a government assisted transaction.
1994-05-06Acquired White Horse Federal Savings and Loan Association (33530) in TRENTON, NJ as part of a government assisted transaction.
1994-06-15Changed name to Collective Bank
1997-02-14Acquired Continental Bank of New Jersey (20217) in PINE VALLEY, NJ
1998-03-14Merged into and subsequently operated as part of Summit Bank (550) in HACKENSACK, NJ
2001-03-01Acquired Summit Bank (17944) in NORWALK, CT
2001-03-01Acquired Summit Bank (7406) in BETHLEHEM, PA
2001-03-01Merged into and subsequently operated as part of Fleet National Bank (2558) in PROVIDENCE, RI
2004-02-01Acquired Progress Bank (30529) in BLUE BELL, PA
2005-03-18Acquired Fleet Maine, National Association (33987) in SOUTH PORTLAND, ME
2005-06-13Merged into and subsequently operated as part of Bank of America, National Association (3510) in CHARLOTTE, NC
2006-09-22Acquired MBNA America Delaware, National Association (34680) in WILMINGTON, DE
2008-02-22Acquired United States Trust Company , National Association (34061) in NEW YORK, NY
2008-06-30Acquired Bank of America Georgia, National Association (57117) in ATLANTA, GA
2008-10-17Acquired LaSalle Bank Midwest National Association (22488) in TROY, MI
2008-10-17Acquired LaSalle Bank National Association (15407) in CHICAGO, IL
2009-01-16Maintained operations with government open bank assistance.
2009-04-27Acquired Countrywide Bank, FSB (33143) in CENTENNIAL, CO
2009-07-01Acquired Merrill Lynch Bank USA (27374) in SALT LAKE CITY, UT
2009-11-02Acquired Merrill Lynch Bank & Trust Co., FSB (34571) in NEW YORK, NY
2013-04-01Acquired Bank of America, Rhode Island, National Association (58032) in PROVIDENCE, RI
2013-04-01Acquired Bank of America Oregon, National Association (35453) in PORTLAND, OR
2014-10-01Acquired FIA Card Services, National Association (33318) in WILMINGTON, DE
2020-03-31Acquired Recontrust Company, National Association (58026) in SIMI VALLEY, CA

Financial Information (1997-12-31 and Older)