Freedom Federal Savings Bank

Status:Inactive as of 08/31/1988
 Merger - Without Assistance
Successor Bank:Household Bank, FSB
Headquarters:Freedom Federal Savings Bank
6809 Stanley Ave
Berwyn, IL 60402
Established:01/01/1927
FDIC Insurance:11/02/1934
FDIC Cert:#28045
Charter Class:Savings banks, state charter, supervised by the FDIC
Total Assets:$774,541,000
Total Deposits:$696,380,000

History

1927-01-01Institution established: Original name:Freedom Federal Savings and Loan Association
1982-07-31Acquired Tower Federal Savings and Loan Association (30490) in WESTERN SPRINGS, IL
1985-10-31Changed name to Freedom Federal Savings Bank
1985-10-31Changed organization type to STOCK SAVINGS BANK
1988-08-31Merged into and subsequently operated as part of Household Bank, FSB (30971) in NEWPORT BEACH, CA
1989-04-01Acquired Land of Lincoln Savings and Loan Association (30015) in BERWYN, IL
1989-07-31Acquired Sharon Savings Bank FSB (32421) in BALTIMORE, MD
1989-08-07Acquired Fedstar Savings Bank, FSB (29567) in ALEXANDRIA, VA
1989-10-24Acquired Mutual Federal Savings and Loan Association (29604) in TERRE HAUTE, IN
1990-04-20Acquired Baltimore Federal Financial, FSA (28503) in BALTIMORE, MD
1990-09-28Acquired Yorkridge-Calvert Federal Savings Association (32852) in PIKESVILLE, MD
1990-11-09Acquired The Bank of Baltimore (32394) in TOWSON, MD
1991-04-19Acquired Imperial Federal Savings Association (33096) in SAN DIEGO, CA
1991-08-09Acquired Freedom Savings Association, F.A. (32893) in COLUMBUS, OH
1992-03-20Acquired TrustBank Federal Savings Bank (33299) in TYSONS CORNER, VA
1993-08-06Acquired San Clemente Federal Savings Bank (33611) in SAN CLEMENTE, CA as part of a government assisted transaction.
1995-02-03Moved bank headquarters from NEWPORT BEACH, CA to PROSPECT HEIGHTS, IL
1996-10-14Moved bank headquarters from PROSPECT HEIGHTS, IL to WOOD DALE, IL
1998-06-30Acquired Beneficial National Bank (17158) in WILMINGTON, DE
1998-06-30Acquired Beneficial Savings Bank, F.S.B. (19360) in TAMPA, FL
2000-02-08Acquired Orchard Federal Savings Bank (32009) in ONTARIO, OR
2003-01-30Closed voluntarily and liquidated its assets.