Ocean Independent Bank
Status: | Inactive as of 10/21/1994 |
Merger - Without Assistance | |
Successor Bank: | First Dewitt Bank |
Headquarters: | Ocean Independent Bank Cobblestone Plaza, 901 West Park Avenue Asbury Park, NJ 07712 |
Established: | 04/11/1988 |
FDIC Insurance: | 04/11/1988 |
FDIC Cert: | #27218 |
Charter Class: | Commercial bank, state charter and Fed nonmember, supervised by the FDIC |
Total Assets: | $49,595,000 |
Total Deposits: | $42,706,000 |
History
1988-04-11 | Institution established: Original name:Ocean Independent Bank | |
1994-10-21 | Merged into and subsequently operated as part of First Dewitt Bank (30198) in WEST CALDWELL, NJ | |
1997-02-19 | Merged into and subsequently operated as part of Sovereign Bank (29950) in WYOMISSING, PA | |
1997-03-31 | Acquired Sovereign Community Bank (27323) in FREEHOLD, NJ | |
1997-08-30 | Acquired Bankers Savings (12029) in PERTH AMBOY, NJ | |
1998-03-01 | Acquired Main Line Bank (29628) in VILLANOVA, PA | |
1998-07-31 | Acquired Carnegie Bank, National Association (27194) in LANGHORNE, PA | |
1998-07-31 | Acquired First Home Savings Bank, F.S.B. (31771) in PENNSVILLE, NJ | |
1999-06-30 | Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED | |
1999-06-30 | Acquired Trenton Savings Bank FSB (12009) in LAWRENCEVILLE, NJ | |
2002-03-08 | Acquired Main Street Bank (27104) in READING, PA | |
2002-05-03 | Acquired Sovereign Trust Company (33208) in MANCHESTER TOWNSHIP, NJ | |
2004-02-06 | Acquired First Essex Bank (90219) in LAWRENCE, MA | |
2004-07-23 | Acquired Compass Bank for Savings (23291) in NEW BEDFORD, MA | |
2004-07-23 | Acquired Nantucket Bank (22055) in NANTUCKET, MA | |
2005-02-11 | Acquired Waypoint Bank (30174) in HARRISBURG, PA | |
2006-09-09 | Acquired Independence Community Bank (16018) in BROOKLYN, NY | |
2011-06-20 | Moved bank headquarters from WYOMISSING, PA to WILMINGTON, DE | |
2011-07-21 | Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to COMPTROLLER OF THE CURRENCY | |
2012-01-26 | Changed name to Sovereign Bank, National Association (29950) | |
2012-01-26 | Changed organization type to COMMERCIAL BANK | |
2012-01-26 | Changed institution class to INSURED COMMERCIAL BANK, NATIONAL, MEMBER FRS | |
2013-10-17 | Changed name to Santander Bank, N.A. (29950) |