Park Federal Savings Bank

Status:Inactive as of 04/30/2016
 Merger - Without Assistance
Successor Bank:Royal Savings Bank
Headquarters:Park Federal Savings Bank
5400 South Pulaski Road
Chicago, IL 60632
Established:01/01/1921
FDIC Insurance:08/09/1989
FDIC Cert:#28053
Charter Class:Savings banks, state charter, supervised by the FDIC
Total Assets:$140,325,000
Total Deposits:$110,880,000

History

1921-01-01Institution established: Original name:Gage Park Savings and Loan Association
1994-12-28Changed organization type to MUTUAL SAVINGS BANK
1994-12-28Changed name to Park Federal Savings Bank
1996-08-09Changed organization type to STOCK SAVINGS BANK
2011-07-21Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to COMPTROLLER OF THE CURRENCY
2016-04-30Merged into and subsequently operated as part of Royal Savings Bank (28068) in CHICAGO, IL
2017-12-15Acquired Washington Federal Bank For Savings (30570) in CHICAGO, IL as part of a government assisted transaction.

Financial Information (2016-03-31 and Older)