Progress Bank

Status:Inactive as of 02/01/2004
 Merger - Without Assistance
Successor Bank:Fleet National Bank
Headquarters:Progress Bank
4 Sentry Parkway, Suite 200
Blue Bell, PA 19422
Established:01/01/1878
FDIC Insurance:08/09/1989
FDIC Cert:#30529
Charter Class:Savings banks, state charter, supervised by the FDIC
Total Assets:$1,160,733,000
Total Deposits:$770,198,000

History

1878-01-01Institution established: Original name:Progress Federal Saving Bank
1980-10-31Acquired Norris Savings and Loan Association (28739) in NORRISTOWN, PA
1996-07-01Moved bank headquarters from BRIDGEPORT, PA to BLUE BELL, PA
1996-07-01Changed name to Progress Bank
2004-02-01Merged into and subsequently operated as part of Fleet National Bank (2558) in PROVIDENCE, RI
2005-03-18Acquired Fleet Maine, National Association (33987) in SOUTH PORTLAND, ME
2005-06-13Merged into and subsequently operated as part of Bank of America, National Association (3510) in CHARLOTTE, NC
2006-09-22Acquired MBNA America Delaware, National Association (34680) in WILMINGTON, DE
2008-02-22Acquired United States Trust Company , National Association (34061) in NEW YORK, NY
2008-06-30Acquired Bank of America Georgia, National Association (57117) in ATLANTA, GA
2008-10-17Acquired LaSalle Bank Midwest National Association (22488) in TROY, MI
2008-10-17Acquired LaSalle Bank National Association (15407) in CHICAGO, IL
2009-01-16Maintained operations with government open bank assistance.
2009-04-27Acquired Countrywide Bank, FSB (33143) in CENTENNIAL, CO
2009-07-01Acquired Merrill Lynch Bank USA (27374) in SALT LAKE CITY, UT
2009-11-02Acquired Merrill Lynch Bank & Trust Co., FSB (34571) in NEW YORK, NY
2013-04-01Acquired Bank of America, Rhode Island, National Association (58032) in PROVIDENCE, RI
2013-04-01Acquired Bank of America Oregon, National Association (35453) in PORTLAND, OR
2014-10-01Acquired FIA Card Services, National Association (33318) in WILMINGTON, DE
2020-03-31Acquired Recontrust Company, National Association (58026) in SIMI VALLEY, CA

Financial Information (2003-12-31 and Older)