Republic Federal Savings Bank

Status:Inactive as of 03/22/1991
 Absorption - Assisted
Institution Enters Conservatorship
Successor Bank:Republic Savings Bank, FSB
Headquarters:Republic Federal Savings Bank
1401 Rockville Pike
Rockville, MD 20852
Established:03/07/1987
FDIC Insurance:08/09/1989
FDIC Cert:#32563
Charter Class:Savings banks, state charter, supervised by the FDIC
Total Assets:$26,394,000
Total Deposits:$26,499,000

History

1987-03-07Institution established: Original name:Republic Federal Savings Bank
1989-04-30Moved bank headquarters from WHEATON, MD to ROCKVILLE, MD
1991-03-22Institution established: Original name:Republic Savings Bank, FSB (33354)
1991-03-22Failed, went into receivership, and then became part of Republic Savings Bank, FSB (33354)
1991-03-22Placed into government conservatorship.
1992-02-28Acquired after government financial assistance and subsequently operated as part of First Federal Savings Bank (30028)
1992-02-28Government conservatorship or bridge bank resolved.
1992-04-10Acquired Metrobank Federal Savings and Loan Association (33448) in PALISADES PARK, NJ
1993-06-30Changed name to Berkeley Federal Bank and Trust, F.S.B. (30028)
1993-06-30Moved bank headquarters from ROCKVILLE, MD to PALISADES PARK, NJ
1993-06-30Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
1993-06-30Acquired Berkeley Federal Savings Bank (30178) in MILLBURN, NJ
1995-11-17Moved bank headquarters from PALISADES PARK, NJ to FORT LEE, NJ
1996-10-01Changed name to Ocwen Federal Bank FSB (30028)
2005-06-30Closed voluntarily and liquidated its assets.