Old Stone Bank A Federal Savings Bank

Status:Inactive as of 01/29/1993
 Absorption - Assisted
Institution Enters Conservatorship
Successor Bank:Old Stone Federal Savings Bank
Headquarters:Old Stone Bank A Federal Savings Bank
86 South Main Street
Providence, RI 02901
Established:01/01/1936
FDIC Insurance:08/09/1989
FDIC Cert:#29892
Charter Class:Savings banks, state charter, supervised by the FDIC
Total Assets:$1,847,236,000
Total Deposits:$1,704,347,000

History

1936-01-01Institution established: Original name:Rhode Island Federal Savings and Loan Association
1982-06-30Acquired Warwick Federal Savings and Loan Association (30972) in WARWICK, RI
1982-06-30Changed organization type to MUTUAL SAVINGS & LOAN
1984-10-20Acquired Old Stone Bank (19413) in PROVIDENCE, RI
1984-11-30Changed name to Old Stone Bank A Federal Savings Bank
1986-12-31Acquired Old Stone Bank of Washington, FSB (28890) in BELLEVUE, WA
1993-01-29Institution established: Original name:Old Stone Federal Savings Bank (33781)
1993-01-29Failed, went into receivership, and then became part of Old Stone Federal Savings Bank (33781)
1993-01-29Placed into government conservatorship.
1994-07-08Acquired after government financial assistance and subsequently operated as part of Citizens Savings Bank (16954)
1994-07-08Government conservatorship or bridge bank resolved.
1996-01-21Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
1997-03-01Changed organization type to COMMERCIAL BANK
1997-03-01Acquired Citizens Trust Company (16955) in PROVIDENCE, RI
1997-03-01Changed name to Citizens Bank of Rhode Island (16954)
2007-09-01Acquired RBS National Bank (57858) in BRIDGEPORT, CT
2007-09-01Changed name to RBS Citizens, National Association (57957)
2007-09-01Acquired Citizens Bank of Connecticut (18197) in NEW LONDON, CT
2007-09-01Acquired Citizens Bank of Rhode Island (16954) in PROVIDENCE, RI
2007-09-01Acquired Citizens Bank New Hampshire (6214) in MANCHESTER, NH
2007-09-01Acquired Citizens Bank (57281) in WILMINGTON, DE
2007-09-01Acquired Charter One Bank, National Association (28932) in CLEVELAND, OH
2007-09-01Acquired Citizens Bank of Massachusetts (18562) in BOSTON, MA
2007-09-01Merged into and subsequently operated as part of RBS Citizens, National Association (57957) in PROVIDENCE, RI
2012-07-06Reorganized.
2014-04-16Changed name to Citizens Bank, National Association (57957)
2019-01-02Acquired Citizens Bank of Pennsylvania (57282) in PHILADELPHIA, PA

Financial Information (1992-12-31 and Older)