Independence Federal Savings and Loan Association

Status:Inactive as of 05/31/1979
 Merger - Assisted
Successor Bank:Firstrust Savings Bank
Headquarters:Independence Federal Savings and Loan Association
21 So 5th Street
Philadelphia, PA 19106
Established:06/01/1934
FDIC Insurance:10/31/1934
FDIC Cert:#28974
Charter Class:

History

1934-06-01Institution established: Original name:Independence Federal Savings and Loan Association
1979-05-31FDIC certificate number changed from (28972) to (26647)
1979-05-31Changed organization type to MUTUAL SAVINGS BANK
1979-05-31Changed institution class to NONINSURED SAVINGS INSTITUTIONS
1979-05-31Failed. Acquired with government financial assistance and subsequently operated as part of First Federal Savings and Loan Association of Philadelphia (26647)
1986-03-19Changed from the Savings Association Insurance Fund to the Bank Insurance Fund.
1986-03-19Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to FEDERAL DEPOSIT INSURANCE CORPORATION
1986-03-19Changed name to First Financial Mutual Savings Bank (26647)
1986-04-01Changed name to Firstrust Savings Bank (26647)
1987-02-19Changed organization type to STOCK SAVINGS BANK
1989-01-24Reorganized.
1999-06-14Moved bank headquarters from PHILADELPHIA, PA to CONSHOHOCKEN, PA
2008-10-10Change trust powers from TRUST POWERS NOT GRANTED to LIMITED TRUST POWERS GRANTED