Perpetual Savings Bank

Status:Inactive as of 03/19/1987
 Merger - Assisted
Successor Bank:Perpetual Savings Association A Federal Savings and Loan Association
Headquarters:Perpetual Savings Bank
8632 South Sepulveda Blvd
Los Angeles, CA 90045
Established:01/01/1982
FDIC Insurance:11/30/1983
FDIC Cert:#32183
Charter Class:
Total Assets:$62,462,000
Total Deposits:$59,674,000

History

1982-01-01Institution established: Original name:First Business Savings and Loan Association
1984-05-31Changed name to Perpetual Savings Bank
1987-03-19Failed. Acquired with government financial assistance and subsequently operated as part of Perpetual Savings Association A Federal Savings and Loan Association (32528)
1987-04-30Moved bank headquarters from LOS ANGELES, CA to SANTA ANA, CA
1989-04-06Placed into government conservatorship.
1989-08-25Government conservatorship or bridge bank resolved.
1989-08-25Acquired after government financial assistance and subsequently operated as part of Bank of Industry (23363)
1992-06-01Changed name to Commercia Bank (22894)
1992-06-01Merged into and subsequently operated as part of Commercia Bank (22894) in SAN JOSE, CA
1992-08-27Changed name to Comerica Bank-California (22894)
1994-06-30Acquired Pacific Western Bank (1544) in SAN JOSE, CA
1994-07-07Acquired Pacific Trust Company (91011) in SAN JOSE, CA
1996-03-04Acquired University Bank and Trust Company (23127) in PALO ALTO, CA
1996-10-31Acquired Metrobank (22797) in LOS ANGELES, CA
2001-06-14Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS
2001-06-14Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to FEDERAL RESERVE BOARD
2001-09-29Acquired Imperial Bank (18835) in INGLEWOOD, CA
2003-06-30Acquired Comerica Bank - Texas (1493) in DALLAS, TX
2003-06-30Merged into and subsequently operated as part of Comerica Bank (983) in DETROIT, MI
2006-09-12Reorganized.
2007-09-19Reorganized.
2007-11-01Reorganized.
2007-11-01Moved bank headquarters from DETROIT, MI to DALLAS, TX
2008-06-17Reorganized.
2010-04-15Reorganized.
2011-06-03Reorganized.
2011-06-30Reorganized.
2011-07-28Acquired Sterling Bank (21726) in HOUSTON, TX