Monarch Bank, FSB

Status:Inactive as of 12/23/1998
 Merger - Without Assistance
Successor Bank:Provident Bank
Headquarters:Monarch Bank, FSB
249 Kearny Ave
Kearny, NJ 07032
Established:10/01/1942
FDIC Insurance:08/09/1989
FDIC Cert:#30213
Charter Class:Savings banks, state charter, supervised by the FDIC
Total Assets:$154,726,000
Total Deposits:$141,255,000

History

1942-10-01Institution established: Original name:Monarch Federal Savings and Loan Association
1987-01-31Changed organization type to STOCK SAVINGS & LOAN
1989-04-30Changed name to Monarch Savings Bank FSB
1998-01-01Changed name to Monarch Bank, FSB
1998-12-23Merged into and subsequently operated as part of Provident Savings Bank (12010) in JERSEY CITY, NJ
2000-12-11Changed name to The Provident Bank (12010)
2003-01-15Changed organization type to STOCK SAVINGS BANK
2004-07-14Acquired First Savings Bank (30255) in WOODBRIDGE, 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

Financial Information (1997-12-31 and Older)