Mutual Aid Federal Savings and Loan Association

Status:Inactive as of 08/16/1991
 Pass Through Receivership Merger
Conservatorship Institution Resolved
Successor Bank:Provident Bank
Headquarters:Mutual Aid Federal Savings and Loan Association
Highway 71 And Main Street
Manasquan, NJ 08736
Established:05/04/1990
FDIC Insurance:05/04/1990
FDIC Cert:#33038
Charter Class:
Total Assets:$52,856,000
Total Deposits:$63,661,000

History

1990-05-04Acquired Mutual Aid Savings and Loan Association (30130) in MANASQUAN, NJ
1990-05-04Institution established: Original name:Mutual Aid Federal Savings and Loan Association
1991-08-16Government conservatorship or bridge bank resolved.
1991-08-16Acquired after government financial assistance and subsequently operated as part of Provident Savings Bank (12010)
1995-03-10Changed from the Savings Association Insurance Fund to the Bank Insurance Fund.
1998-12-23Acquired Monarch Bank, FSB (30213) in KEARNY, 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)
2020-07-31Moved bank headquarters from MANASQUAN, NJ to Jersey City, NJ
2020-07-31Acquired SB One Bank (22221) in FRANKLIN, NJ