Heritage Savings Association

Status:Inactive as of 07/06/1990
 Absorption - Assisted
Institution Enters Conservatorship
Successor Bank:Heritage Federal Savings Association
Headquarters:Heritage Savings Association
1677 Oregon Pike
Lancaster, PA 17603
Established:01/01/1916
FDIC Insurance:01/09/1979
FDIC Cert:#31957
Charter Class:
Total Assets:$48,819,000
Total Deposits:$50,638,000

History

1916-01-01Institution established: Original name:Heritage Savings Association
1990-07-06Institution established: Original name:Heritage Federal Savings Association (33152)
1990-07-06Placed into government conservatorship.
1990-07-06Failed, went into receivership, and then became part of Heritage Federal Savings Association (33152)
1991-05-31Government conservatorship or bridge bank resolved.
1991-05-31Acquired after government financial assistance and subsequently operated as part of Harris Savings (30174)
1991-07-01Changed organization type to MUTUAL SAVINGS BANK
1991-07-01Changed name to Harris Savings Bank (30174)
1991-07-01Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to FEDERAL DEPOSIT INSURANCE CORPORATION
1991-07-01Moved bank headquarters from LANCASTER, PA to HARRISBURG, PA
1994-01-25Changed organization type to STOCK SAVINGS BANK
1996-04-19Acquired First Federal Savings and Loan Association (30214) in HARRISBURG, PA
1997-09-17Reorganized.
1997-10-16Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
2000-10-17Changed institution class to OCC SUPERVISED SAVINGS BANKS
2000-10-17Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to OFFICE OF THRIFT SUPERVISION
2000-10-17Changed name to Waypoint Bank (30174)
2000-10-30Acquired York Federal Savings and Loan Association (30821) in YORK, PA
2005-02-11Merged into and subsequently operated as part of Sovereign Bank (29950) in WYOMISSING, PA
2006-09-09Acquired Independence Community Bank (16018) in BROOKLYN, NY
2011-06-20Moved bank headquarters from WYOMISSING, PA to WILMINGTON, DE
2011-07-21Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to COMPTROLLER OF THE CURRENCY
2012-01-26Changed institution class to INSURED COMMERCIAL BANK, NATIONAL, MEMBER FRS
2012-01-26Changed organization type to COMMERCIAL BANK
2012-01-26Changed name to Sovereign Bank, National Association (29950)
2013-10-17Changed name to Santander Bank, N.A. (29950)