Colonial Savings Bank, SLA
Status: | Inactive as of 11/09/1989 |
Absorption - Assisted Institution Enters Conservatorship | |
Successor Bank: | Colonial Federal Savings Association |
Headquarters: | Colonial Savings Bank, SLA 1 West Westfield Avenue Roselle Park, NJ 07204 |
Established: | 01/01/1904 |
FDIC Insurance: | 08/09/1989 |
FDIC Cert: | #30190 |
Charter Class: | |
Total Assets: | $427,118,000 |
Total Deposits: | $337,964,000 |
History
1904-01-01 | Institution established: Original name:Colonial Savings and Loan Association | |
1986-10-31 | Changed organization type to STOCK SAVINGS & LOAN | |
1988-02-29 | Changed name to Colonial Savings Bank, SLA | |
1989-11-09 | Placed into government conservatorship. | |
1989-11-09 | Failed, went into receivership, and then became part of Colonial Federal Savings Association (32830) | |
1989-11-09 | Institution established: Original name:Colonial Federal Savings Association (32830) | |
1991-07-05 | Ceased operations as a result of a government supervised payoff, liquidation, or closing. No active institution received any of its deposits. | |
1991-07-05 | Government conservatorship or bridge bank resolved. |