Horizon Financial, FA
Status: | Inactive as of 05/25/1990 |
Pass Through Receivership Merger Conservatorship Institution Resolved | |
Successor Bank: | Summit Bank |
Headquarters: | Horizon Financial, FA 735 Davisville Road Southampton, PA 18966 |
Established: | 01/01/1921 |
FDIC Insurance: | 03/23/1937 |
FDIC Cert: | #29830 |
Charter Class: | |
Total Assets: | $1,815,697,000 |
Total Deposits: | $1,515,949,000 |
History
1921-01-01 | Institution established: Original name:Horizon Financial, FA | |
1981-07-31 | Acquired Heritage Federal Savings and Loan Association (27868) in PITTSBURGH, PA | |
1981-07-31 | Acquired Lancaster Federal Savings and Loan Association (31250) in LANCASTER, PA | |
1982-10-31 | Acquired Trevose Federal Savings and Loan Association (29381) in SOUTHAMPTON, PA | |
1982-12-31 | Acquired Garfield Federal Savings and Loan Association of Phila (29736) in POTTSTOWN, PA | |
1982-12-31 | Acquired Mid-City Federal Savings and Loan Association of Phila (29229) in NORTH WALES, PA | |
1983-05-31 | Acquired Guaranty Savings Association (27784) in PITTSBURGH, PA | |
1989-06-08 | Placed into government conservatorship. | |
1990-05-25 | Government conservatorship or bridge bank resolved. | |
1990-05-25 | Acquired after government financial assistance and subsequently operated as part of First Valley Bank (7406) | |
1994-03-19 | Acquired The Hazleton National Bank (7522) in HAZLETON, PA | |
1994-03-19 | Acquired Hanover Bank (15284) in WILKES-BARRE, PA | |
1996-07-12 | Changed name to Summit Bank (7406) | |
1997-10-24 | Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to FEDERAL RESERVE BOARD | |
1999-09-18 | Acquired Prime Bank (27261) in PHILADELPHIA, PA | |
2001-03-01 | Acquired Summit Bank (550) in HACKENSACK, NJ | |
2001-03-01 | Acquired Summit Bank (7406) in BETHLEHEM, PA | |
2001-03-01 | Acquired Summit Bank (17944) in NORWALK, CT | |
2001-03-01 | Merged into and subsequently operated as part of Fleet National Bank (2558) in PROVIDENCE, RI | |
2004-02-01 | Acquired Progress Bank (30529) in BLUE BELL, PA | |
2005-03-18 | Acquired Fleet Maine, National Association (33987) in SOUTH PORTLAND, ME | |
2005-06-13 | Merged into and subsequently operated as part of Bank of America, National Association (3510) in CHARLOTTE, NC | |
2006-09-22 | Acquired MBNA America Delaware, National Association (34680) in WILMINGTON, DE | |
2008-02-22 | Acquired United States Trust Company , National Association (34061) in NEW YORK, NY | |
2008-06-30 | Acquired Bank of America Georgia, National Association (57117) in ATLANTA, GA | |
2008-10-17 | Acquired LaSalle Bank Midwest National Association (22488) in TROY, MI | |
2008-10-17 | Acquired LaSalle Bank National Association (15407) in CHICAGO, IL | |
2009-01-16 | Maintained operations with government open bank assistance. | |
2009-04-27 | Acquired Countrywide Bank, FSB (33143) in CENTENNIAL, CO | |
2009-07-01 | Acquired Merrill Lynch Bank USA (27374) in SALT LAKE CITY, UT | |
2009-11-02 | Acquired Merrill Lynch Bank & Trust Co., FSB (34571) in NEW YORK, NY | |
2013-04-01 | Acquired Bank of America, Rhode Island, National Association (58032) in PROVIDENCE, RI | |
2013-04-01 | Acquired Bank of America Oregon, National Association (35453) in PORTLAND, OR | |
2014-10-01 | Acquired FIA Card Services, National Association (33318) in WILMINGTON, DE | |
2020-03-31 | Acquired Recontrust Company, National Association (58026) in SIMI VALLEY, CA |