Lakeland Savings Bank

Status:Inactive as of 06/30/1995
 Merger - Without Assistance
Successor Bank:Valley National Bank
Headquarters:Lakeland Savings Bank
250 Route 10
Succasunna, NJ 07876
Established:01/01/1925
FDIC Insurance:08/09/1989
FDIC Cert:#30690
Charter Class:
Total Assets:$676,456,000
Total Deposits:$547,261,000

History

1925-01-01Institution established: Original name:Lakeland Savings and Loan Association
1987-01-31Changed organization type to STOCK SAVINGS & LOAN
1987-11-30Changed name to Lakeland Savings Bank, S.L.A.
1992-06-01Changed organization type to STOCK SAVINGS BANK
1992-06-01Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to FEDERAL DEPOSIT INSURANCE CORPORATION
1992-06-01Changed name to Lakeland Savings Bank
1995-06-30Merged into and subsequently operated as part of Valley National Bank (9396) in PASSAIC, NJ
1997-03-01Acquired The Midland Bank and Trust Company (17867) in PARAMUS, NJ
1998-10-16Acquired Wayne Savings Bank, F.S.B. (28728) in WAYNE, NJ
1999-06-11Acquired The Ramapo Bank (19721) in WAYNE TOWNSHIP, NJ
2001-01-19Acquired The Merchants Bank of New York (643) in NEW YORK CITY, NY
2001-12-26Reorganized.
2005-03-31Acquired Shrewsbury State Bank (21492) in SHREWSBURY, NJ
2005-06-03Acquired NorCrown Bank (26267) in LIVINGSTON, NJ
2008-07-01Acquired Greater Community Bank (26480) in TOTOWA, NJ
2008-09-12Reorganized.
2010-03-11Acquired LibertyPointe Bank (58071) in NEW YORK, NY as part of a government assisted transaction.
2010-03-12Acquired The Park Avenue Bank (27096) in NEW YORK, NY as part of a government assisted transaction.
2011-06-30Reorganized.
2012-01-01Acquired State Bank of Long Island (19695) in JERICHO, NY
2014-11-01Acquired 1st United Bank (35408) in BOCA RATON, FL
2015-12-01Acquired CNLBank (34427) in ORLANDO, FL
2018-01-01Acquired USAmeriBank (58427) in CLEARWATER, FL
2019-12-01Acquired Oritani Bank (28866) in TOWNSHIP OF WASHINGTON, NJ

Financial Information (1994-12-31 and Older)