Metrobank for Savings FSB
| Status: | Inactive as of 06/28/1991 |
| Absorption - Assisted Institution Enters Conservatorship | |
| Successor Bank: | Metrobank Federal Savings and Loan Association |
| Headquarters: | Metrobank for Savings FSB 460 Bergen Boulevard Palisades Park, NJ 07650 |
| Established: | 01/01/1926 |
| FDIC Insurance: | 08/09/1989 |
| FDIC Cert: | #30758 |
| Charter Class: | Savings banks, state charter, supervised by the FDIC |
| Total Assets: | $474,327,000 |
| Total Deposits: | $350,087,000 |
History
| 1926-01-01 | Institution established: Original name:Morsemere Federal Savings and Loan Association | |
| 1987-08-31 | Changed name to Morsemere Federal Savings Bank | |
| 1987-08-31 | Changed organization type to STOCK SAVINGS BANK | |
| 1989-03-31 | Moved bank headquarters from FORT LEE, NJ to PALISADES PARK, NJ | |
| 1991-06-28 | Institution established: Original name:Metrobank Federal Savings and Loan Association (33448) | |
| 1991-06-28 | Failed, went into receivership, and then became part of Metrobank Federal Savings and Loan Association (33448) | |
| 1991-06-28 | Placed into government conservatorship. | |
| 1992-04-10 | Acquired after government financial assistance and subsequently operated as part of First Federal Savings Bank (30028) | |
| 1992-04-10 | Government conservatorship or bridge bank resolved. | |
| 1993-06-30 | Changed name to Berkeley Federal Bank and Trust, F.S.B. (30028) | |
| 1993-06-30 | Acquired Berkeley Federal Savings Bank (30178) in MILLBURN, NJ | |
| 1993-06-30 | Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED | |
| 1995-11-17 | Moved bank headquarters from PALISADES PARK, NJ to FORT LEE, NJ | |
| 1996-10-01 | Changed name to Ocwen Federal Bank FSB (30028) | |
| 2005-06-30 | Closed voluntarily and liquidated its assets. |