Comfed Savings Bank
Status: | Inactive as of 02/01/1991 |
Absorption - Assisted | |
Successor Bank: | Comfed Savings Bank, F.A. |
Headquarters: | Comfed Savings Bank 45 Central St Lowell, MA 01852 |
Established: | 01/01/1892 |
FDIC Insurance: | 08/09/1989 |
FDIC Cert: | #29457 |
Charter Class: | Savings banks, state charter, supervised by the FDIC |
Total Assets: | $1,402,978,000 |
Total Deposits: | $931,868,000 |
History
1892-01-01 | Institution established: Original name:Commonwealth Federal Savings Bank | |
1977-01-31 | Acquired Monument Federal Savings and Loan Association (28298) in LEOMINSTER, MA | |
1982-06-30 | Acquired Union Federal Savings and Loan Association (28367) in PITTSFIELD, MA | |
1984-10-31 | Changed name to Comfed Savings Bank | |
1986-12-31 | Acquired Heritage Savings and Loan Association (28301) in MANCHESTER, CT | |
1990-12-14 | Placed into government conservatorship. | |
1991-02-01 | Institution established: Original name:Comfed Savings Bank, F.A. (33302) | |
1991-02-01 | Failed. Acquired with government financial assistance and subsequently operated as part of Comfed Savings Bank, F.A. (33302) | |
1991-09-13 | Government conservatorship or bridge bank resolved. | |
1991-09-13 | Ceased operations as a result of a government supervised payoff, liquidation, or closing. No active institution received any of its deposits. |