Hansen Savings Bank, SLA

Status:Inactive as of 01/10/1992
 Absorption - Assisted
Institution Enters Conservatorship
Successor Bank:Hansen Federal Savings Association
Headquarters:Hansen Savings Bank, SLA
Route 18 And West Ferris Street
East Brunswick, NJ 08816
Established:01/01/1924
FDIC Insurance:08/09/1989
FDIC Cert:#31024
Charter Class:
Total Assets:$572,398,000
Total Deposits:$427,259,000

History

1924-01-01Institution established: Original name:Raritan Valley Savings and Loan Association
1988-05-31Acquired First Federal Savings and Loan Association of Hammonton (28802) in HAMMONTON, NJ
1988-05-31Changed name to Hansen Savings Bank, SLA
1992-01-10Placed into government conservatorship.
1992-01-10Failed, went into receivership, and then became part of Hansen Federal Savings Association (33545)
1992-01-10Moved bank headquarters from EAST BRUNSWICK, NJ to HAMMONTON, NJ
1992-01-10Institution established: Original name:Hansen Federal Savings Association (33545)
1994-04-15Acquired after government financial assistance and subsequently operated as part of Collective Federal Savings Bank (28429)
1994-04-15Government conservatorship or bridge bank resolved.
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 (28429)
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