Penn Federal Savings Bank
Status: | Inactive as of 04/02/2007 |
Merger - Without Assistance | |
Successor Bank: | New York Community Bank |
Headquarters: | Penn Federal Savings Bank 36 Ferry Street Newark, NJ 07105 |
Established: | 11/01/1941 |
FDIC Insurance: | 08/09/1989 |
FDIC Cert: | #30179 |
Charter Class: | Savings banks, state charter, supervised by the FDIC |
Total Assets: | $2,317,598,000 |
Total Deposits: | $1,620,036,000 |
History
1941-11-01 | Institution established: Original name:Penn Federal Savings Bank | |
1982-10-31 | Acquired Sayreville Savings and Loan Association (30557) in OLD BRIDGE, NJ | |
1989-09-11 | Acquired First Federal Savings and Loan Association of Montclair (28472) in MONTCLAIR, NJ | |
1994-07-14 | Changed organization type to STOCK SAVINGS BANK | |
2007-04-02 | Merged into and subsequently operated as part of New York Community Bank (16022) in WESTBURY, NY | |
2007-10-01 | Acquired Synergy Bank (34851) in CRANFORD, NJ | |
2009-12-04 | Acquired AmTrust Bank (29776) in CLEVELAND, OH as part of a government assisted transaction. | |
2010-03-26 | Acquired Desert Hills Bank (57060) in PHOENIX, AZ as part of a government assisted transaction. | |
2018-11-30 | Acquired New York Commercial Bank (32749) in WESTBURY, NY | |
2020-02-01 | Moved bank headquarters from WESTBURY, NY to HICKSVILLE, NY |