Riverside Savings Bank, S.L.A.

Status:Inactive as of 11/02/1990
 Absorption - Assisted
Institution Enters Conservatorship
Successor Bank:Riverside Federal Savings Bank
Headquarters:Riverside Savings Bank, S.L.A.
15-17 Scott Street
Riverside, NJ 08075
Established:01/01/1886
FDIC Insurance:08/09/1989
FDIC Cert:#30593
Charter Class:
Total Assets:$177,838,000
Total Deposits:$144,964,000

History

1886-01-01Institution established: Original name:Riverside Savings and Loan Association of Riverside New Jersey
1985-07-31Changed name to Riverside Savings and Loan Association
1985-07-31Changed organization type to STOCK SAVINGS & LOAN
1990-11-02Institution established: Original name:Riverside Federal Savings Bank (33251)
1990-11-02Failed, went into receivership, and then became part of Riverside Federal Savings Bank (33251)
1990-11-02Placed into government conservatorship.
1991-10-04Acquired after government financial assistance and subsequently operated as part of Sun National Bank (26240)
1991-10-04Government conservatorship or bridge bank resolved.
1994-06-29Acquired The First National Bank of Tuckahoe (14473) in TUCKAHOE, NJ
1994-07-29Acquired Southern Ocean State Bank (22274) in LITTLE EGG HARBOR TOWNSHIP, NJ
1996-12-31Moved bank headquarters from RIVERSIDE, NJ to VINELAND, NJ
1997-07-24Changed from the Savings Association Insurance Fund to the Bank Insurance Fund.
1999-06-30Reorganized.
2001-11-16Acquired Delaware City Bank (57351) in DELAWARE CITY, DE
2004-07-09Acquired The Community Bank of New Jersey (34287) in FREEHOLD TOWNSHIP, NJ
2006-01-19Acquired Advantage Bank (34939) in BRANCHBURG TOWNSHIP, NJ
2011-09-16Reorganized.
2017-04-25Moved bank headquarters from VINELAND, NJ to MOUNT LAUREL, NJ
2018-01-31Changed organization type to COMMERCIAL BANK
2018-01-31Changed institution class to INSURED COMMERCIAL BANK, NATIONAL, MEMBER FRS
2018-01-31Changed name to OceanFirst Bank, National Association (28359)
2018-01-31Merged into and subsequently operated as part of OceanFirst Bank, National Association (28359) in TOMS RIVER, NJ
2019-01-31Acquired Capital Bank of New Jersey (58464) in VINELAND, NJ
2020-01-01Acquired Country Bank (27226) in NEW YORK, NY
2020-01-01Acquired Two River Community Bank (35426) in TINTON FALLS, NJ