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Mercer Savings Bank SLA

Status:Inactive as of 09/21/1990
 Absorption - Assisted
Institution Enters Conservatorship
Successor Bank:Mercer Federal Savings Bank
Headquarters:Mercer Savings Bank SLA
1225 Brunswick Ave
Trenton, NJ 08638
Established:01/01/1911
FDIC Insurance:08/09/1989
FDIC Cert:#28586
Charter Class:
Total Assets:$92,695,000
Total Deposits:$83,408,000

History

1911-01-01Institution established: Original name:Mercer Savings and Loan Association
1989-04-30Changed name to Mercer Savings Bank SLA
1990-09-21Institution established: Original name:Mercer Federal Savings Bank (33205)
1990-09-21Placed into government conservatorship.
1990-09-21Failed, went into receivership, and then became part of Mercer Federal Savings Bank (33205)
1991-08-02Government conservatorship or bridge bank resolved.
1991-08-02Acquired after government financial assistance and subsequently operated as part of Pulawski Savings Bank, SLA (31349)
1992-06-25Changed name to Pulawski Savings Bank (31349)
1992-06-25Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to FEDERAL DEPOSIT INSURANCE CORPORATION
1992-06-25Changed organization type to STOCK SAVINGS BANK
1994-01-14Changed name to Pulse Savings Bank (31349)
1998-12-18Merged into and subsequently operated as part of First Savings Bank, SLA (30255) in WOODBRIDGE, NJ
2000-01-28Changed organization type to STOCK SAVINGS BANK
2000-01-28Changed institution class to FDIC SUPERVISED SAVINGS BANK
2000-01-28Changed name to First Savings Bank (30255)
2004-07-14Merged into and subsequently operated as part of The Provident Bank (12010) in JERSEY CITY, NJ
2007-04-01Acquired First Morris Bank and Trust (19975) in MORRIS TOWNSHIP, NJ
2014-05-31Acquired Team Capital Bank (58085) in BETHLEHEM, PA
2016-10-01Changed name to Provident Bank (12010)
2020-07-31Acquired SB One Bank (22221) in FRANKLIN, NJ