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