Palisade Savings Bank, F.S.B.

Status:Inactive as of 02/18/1995
 Merger - Without Assistance
Successor Bank:Summit Bank
Headquarters:Palisade Savings Bank, F.S.B.
245 Main Street
Ridgefield Park, NJ 07660
Established:01/01/1891
FDIC Insurance:08/09/1989
FDIC Cert:#30013
Charter Class:Savings banks, state charter, supervised by the FDIC
Total Assets:$306,389,000
Total Deposits:$254,861,000

History

1891-01-01Institution established: Original name:Palisade Savings and Loan Association
1982-07-31Acquired Central Bergen Savings and Loan Association (28460) in RIDGEFIELD PARK, NJ
1988-04-30Changed name to Palisade Savings Bank, SLA
1988-11-30Moved bank headquarters from WEST NEW YORK, NJ to RIDGEFIELD PARK, NJ
1991-02-07Changed name to Palisade Savings Bank, F.S.B.
1991-02-07Changed organization type to MUTUAL SAVINGS BANK
1991-06-05Changed organization type to STOCK SAVINGS BANK
1995-02-18Merged into and subsequently operated as part of United Jersey Bank (550) in HACKENSACK, NJ
1995-09-23Acquired New Jersey Savings Bank (12020) in SOMERVILLE, NJ
1996-02-24Acquired The Flemington National Bank and Trust Company (6335) in FLEMINGTON, NJ
1996-07-13Changed name to Summit Bank (550)
1996-07-13Acquired Summit Bank (8610) in SUMMIT, NJ
1997-02-08Acquired Central Jersey Savings Bank, SLA (28442) in EAST BRUNSWICK, NJ
1997-06-07Acquired The Bank of Mid-Jersey (8607) in BORDENTOWN, NJ
1998-03-14Acquired Collective Bank (28429) in EGG HARBOR, NJ
2001-03-01Acquired Summit Bank (7406) in BETHLEHEM, PA
2001-03-01Acquired Summit Bank (17944) in NORWALK, CT
2001-03-01Merged into and subsequently operated as part of Fleet National Bank (2558) in PROVIDENCE, RI
2004-02-01Acquired Progress Bank (30529) in BLUE BELL, PA
2005-03-18Acquired Fleet Maine, National Association (33987) in SOUTH PORTLAND, ME
2005-06-13Merged into and subsequently operated as part of Bank of America, National Association (3510) in CHARLOTTE, NC
2006-09-22Acquired MBNA America Delaware, National Association (34680) in WILMINGTON, DE
2008-02-22Acquired United States Trust Company , National Association (34061) in NEW YORK, NY
2008-06-30Acquired Bank of America Georgia, National Association (57117) in ATLANTA, GA
2008-10-17Acquired LaSalle Bank Midwest National Association (22488) in TROY, MI
2008-10-17Acquired LaSalle Bank National Association (15407) in CHICAGO, IL
2009-01-16Maintained operations with government open bank assistance.
2009-04-27Acquired Countrywide Bank, FSB (33143) in CENTENNIAL, CO
2009-07-01Acquired Merrill Lynch Bank USA (27374) in SALT LAKE CITY, UT
2009-11-02Acquired Merrill Lynch Bank & Trust Co., FSB (34571) in NEW YORK, NY
2013-04-01Acquired Bank of America, Rhode Island, National Association (58032) in PROVIDENCE, RI
2013-04-01Acquired Bank of America Oregon, National Association (35453) in PORTLAND, OR
2014-10-01Acquired FIA Card Services, National Association (33318) in WILMINGTON, DE
2020-03-31Acquired Recontrust Company, National Association (58026) in SIMI VALLEY, CA

Financial Information (1994-12-31 and Older)