NOVA Bank

Status:Inactive as of 10/26/2012
 Financial Difficulty - Payoff
Headquarters:NOVA Bank
1235 Westlakes Drive, Suite 420
Berwyn, PA 19312
Established:05/31/1887
FDIC Insurance:08/09/1989
FDIC Cert:#27148
Charter Class:
Total Assets:$444,710,000
Total Deposits:$395,248,000

History

1887-01-01Institution established but was not FDIC insured. Original name: Peoples-Thrift Building and Loan Association (28810)
1988-01-11Became FDIC insured.
1988-01-11FDIC certificate number changed from (28810) to
1988-01-11Changed name to Peoples Thrift Savings Bank
1988-01-11Changed primary regulatory agency from STATE to FEDERAL DEPOSIT INSURANCE CORPORATION
1991-01-02Changed organization type to STOCK SAVINGS BANK
1998-04-07Changed name to BankPhiladelphia, a Savings Bank
1999-07-02Changed name to vBank, A Savings Bank
1999-12-02Moved bank headquarters from NORRISTOWN, PA to PHILADELPHIA, PA
2002-11-01Changed name to NOVA Savings Bank
2008-04-29Changed name to NOVA Bank
2008-05-20Moved bank headquarters from PHILADELPHIA, PA to BERWYN, PA
2009-05-26Acquired Pennsylvania Business Bank (35071) in PHILADELPHIA, PA
2012-10-26Failed. No active institution received any of its deposits or its assets.

Financial Information (2012-09-30 and Older)