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