Pilgrim State Bank

Status:Inactive as of 06/30/1993
 Consolidated - Without Assistance
Successor Bank:The Ramapo Bank
Headquarters:Pilgrim State Bank
85-107 Pompton Avenue
Cedar Grove, NJ 07009
Established:03/27/1971
FDIC Insurance:03/27/1971
FDIC Cert:#20395
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$126,261,000
Total Deposits:$120,139,000

History

1971-03-27Institution established: Original name:Pilgrim State Bank
1993-06-30Merged into and subsequently operated as part of The Ramapo Bank (19721) in WAYNE TOWNSHIP, NJ
1999-06-11Merged into and subsequently operated as part of Valley National Bank (9396) in PASSAIC, NJ
2001-01-19Acquired The Merchants Bank of New York (643) in NEW YORK CITY, NY
2001-12-26Reorganized.
2005-03-31Acquired Shrewsbury State Bank (21492) in SHREWSBURY, NJ
2005-06-03Acquired NorCrown Bank (26267) in LIVINGSTON, NJ
2008-07-01Acquired Greater Community Bank (26480) in TOTOWA, NJ
2008-09-12Reorganized.
2010-03-11Acquired LibertyPointe Bank (58071) in NEW YORK, NY as part of a government assisted transaction.
2010-03-12Acquired The Park Avenue Bank (27096) in NEW YORK, NY as part of a government assisted transaction.
2011-06-30Reorganized.
2012-01-01Acquired State Bank of Long Island (19695) in JERICHO, NY
2014-11-01Acquired 1st United Bank (35408) in BOCA RATON, FL
2015-12-01Acquired CNLBank (34427) in ORLANDO, FL
2018-01-01Acquired USAmeriBank (58427) in CLEARWATER, FL
2019-12-01Acquired Oritani Bank (28866) in TOWNSHIP OF WASHINGTON, NJ

Financial Information (1992-12-31 and Older)