Plymouth Federal Savings Bank

Status:Inactive as of 1991-09-27
 Absorption - Assisted
Corrections
Institution Enters Conservatorship
Successor Bank:Plymouth Federal Savings Association
Headquarters:Plymouth Federal Savings Bank
Corner Court & Russell Streets
Plymouth, MA 02360
Established:1882-01-01
FDIC Insurance:1937-12-29
FDIC Cert:#29460
Charter Class:Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
Total Assets:$174,717,000
Total Deposits:$137,835,000

History

1882-01-01Institution established: Original name:Plymouth Federal Savings Bank
1989-06-30Moved bank headquarters from PLYMOUTH TOWN, MA to PLYMOUTH, MA
1991-09-27Institution established: Original name:Plymouth Federal Savings Association (33505)
1991-09-27Failed, went into receivership, and then became part of Plymouth Federal Savings Association (33505)
1991-09-27Placed into government conservatorship.
1994-03-11Government conservatorship or bridge bank resolved.
1994-03-11Acquired after government financial assistance and subsequently operated as part of Compass Bank for Savings (23291)
1994-10-02Changed organization type to STOCK SAVINGS BANK
1994-12-29Acquired Martha's Vineyard National Bank (2656) in VINEYARD HAVEN, MA
1998-12-04Acquired The Sandwich Co-operative Bank (26599) in SANDWICH, MA
2000-07-17Moved bank headquarters from PLYMOUTH, MA to NEW BEDFORD, MA
2001-03-02Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
2003-05-31Acquired Bay State Federal Savings Bank (29712) in BROOKLINE, MA
2004-04-29Acquired Abington Savings Bank (22051) in ABINGTON, MA
2004-07-23Acquired Nantucket Bank (22055) in NANTUCKET, MA
2004-07-23Merged into and subsequently operated as part of Sovereign Bank (29950) in WYOMISSING, PA
2005-02-11Acquired Waypoint Bank (30174) in HARRISBURG, PA
2006-09-09Acquired Independence Community Bank (16018) in BROOKLYN, NY
2011-06-20Moved bank headquarters from WYOMISSING, PA to WILMINGTON, DE
2011-07-21Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to COMPTROLLER OF THE CURRENCY
2012-01-26Changed name to Sovereign Bank, National Association (29950)
2012-01-26Changed organization type to COMMERCIAL BANK
2012-01-26Changed institution class to INSURED COMMERCIAL BANK, NATIONAL, MEMBER FRS
2013-10-17Changed name to Santander Bank, N.A. (29950)