Financial Security Federal Savings and Loan Association

Status:Inactive as of 05/25/1990
 Merger - Assisted
Conservatorship Institution Resolved
Successor Bank:Essex Savings Bank, F.S.B.
Headquarters:Financial Security Federal Savings and Loan Association
7239 West Atlantic Avenue
Delray Beach, FL 33444
Established:10/06/1988
FDIC Insurance:08/09/1989
FDIC Cert:#32630
Charter Class:
Total Assets:$85,105,000
Total Deposits:$124,221,000

History

1988-10-06Institution established: Original name:Financial Security Federal Savings and Loan Association
1988-12-31Acquired Financial Security Savings and Loan Association (32155) in DELRAY BEACH, FL
1989-12-31Placed into government conservatorship.
1990-05-25Government conservatorship or bridge bank resolved.
1990-05-25Institution established: Original name:Essex Savings Bank, F.S.B. (33110)
1990-05-25Failed. Acquired with government financial assistance and subsequently operated as part of Essex Savings Bank, F.S.B. (33110)
1992-11-06Moved bank headquarters from DELRAY BEACH, FL to WEST PALM BEACH, FL
1993-05-05Acquired Essex Savings Bank, F.S.B. (33110) in WEST PALM BEACH, FL
1993-05-05Acquired Essex Savings Bank, F.S.B. (28646) in EMPORIA, VA
1993-05-05Merged into and subsequently operated as part of Essex Savings Bank, F.S.B. (32377) in ELIZABETH CITY, NC
1995-09-15Acquired Home Savings Bank, F.S.B. (33943) in NORFOLK, VA
1997-03-31Moved bank headquarters from ELIZABETH CITY, NC to NORFOLK, VA
2004-05-01Acquired Essex Savings Bank, F.S.B. (32377) in NORFOLK, VA
2004-05-01Acquired Southern Financial Bank (32470) in WARRENTON, VA
2004-05-01Merged into and subsequently operated as part of Provident Bank of Maryland (15951) in BALTIMORE, MD
2009-05-23Merged into and subsequently operated as part of Manufacturers and Traders Trust Company (588) in BUFFALO, NY
2009-08-28Acquired Bradford Bank (28312) in BALTIMORE, MD as part of a government assisted transaction.
2010-11-05Acquired K Bank (31263) in RANDALLSTOWN, MD as part of a government assisted transaction.
2015-11-01Acquired Hudson City Savings Bank (13074) in PARAMUS, NJ