Security Savings and Loan Association

Status:Inactive as of 03/15/1991
 Pass Through Receivership Merger
Conservatorship Institution Resolved
Successor Bank:Security Pacific Bank Arizona
Headquarters:Security Savings and Loan Association
4110 North Scottsdale Road
Scottsdale, AZ 85251
Established:01/01/1962
FDIC Insurance:08/09/1989
FDIC Cert:#31399
Charter Class:
Total Assets:$437,625,000
Total Deposits:$930,375,000

History

1962-01-01Institution established: Original name:Security Savings and Loan Association
1982-08-31Acquired Greater Arizona Savings and Loan Association (31241) in PHOENIX, AZ
1989-02-17Placed into government conservatorship.
1991-03-15Government conservatorship or bridge bank resolved.
1991-03-15Acquired after government financial assistance and subsequently operated as part of Security Pacific Bank Arizona (15222)
1991-07-19Changed from the Savings Association Insurance Fund to the Bank Insurance Fund.
1991-07-19Acquired Southwest Savings and Loan Association, FA (32797) in PHOENIX, AZ
1992-06-01Merged into and subsequently operated as part of Bank of America Arizona (32971) in PHOENIX, AZ
1997-01-01Acquired Bank of America NW, National Association (2970) in SEATTLE, WA
1997-01-01Acquired Bank of America, National Association (17300) in LAS VEGAS, NV
1997-01-01Acquired Bank of America New Mexico, National Association (33326) in ALBUQUERQUE, NM
1997-01-01Acquired Bank of America Arizona (32971) in PHOENIX, AZ
1997-01-01Acquired Bank of America-Alaska, National Association (20209) in ANCHORAGE, AK
1997-01-01Merged into and subsequently operated as part of Bank of America National Trust and Savings Association (3510) in SAN FRANCISCO, CA
1997-07-01Acquired Bank of America Illinois (3622) in CHICAGO, IL
1997-07-01Acquired Bank of America Trust Company of Florida, National Association (23691) in BOCA RATON, FL
1999-07-23Changed name to Bank of America, National Association (3510)
1999-07-23Moved bank headquarters from SAN FRANCISCO, CA to CHARLOTTE, NC
1999-07-23Acquired Bank of America, National Association (15802) in CHARLOTTE, NC
1999-12-01Acquired Bank of America Utah, National Association (9575) in SALT LAKE CITY, UT
2001-05-31Acquired NationsBank Trust Company of New York (33937) in NEW YORK, NY
2005-06-13Acquired Fleet National Bank (2558) in PROVIDENCE, RI
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