Security Savings Bank, SSB

Status:Inactive as of 10/01/2013
 Merger - Without Assistance
Change in Entity Type
Successor Bank:NewBridge Bank
Headquarters:Security Savings Bank, SSB
101 North Howe Street
Southport, NC 28461
Established:01/01/1911
FDIC Insurance:08/09/1989
FDIC Cert:#28139
Charter Class:
Total Assets:$212,528,000
Total Deposits:$167,478,000

History

1911-01-01Institution established: Original name:Security Savings and Loan Association
1994-02-17Changed organization type to MUTUAL SAVINGS BANK
1994-02-17Changed name to Security Savings Bank, SSB
1999-03-01Acquired Randleman Savings Bank, SSB (30845) in RANDLEMAN, NC
2003-04-01Acquired Liberty Savings and Loan Association (30602) in LIBERTY, NC
2013-10-01Merged into and subsequently operated as part of NewBridge Bank (16799) in GREENSBORO, NC
2013-10-01Changed organization type to STOCK SAVINGS BANK
2014-04-01Acquired CapStone Bank (58386) in RALEIGH, NC
2014-09-02Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS
2014-09-02Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to FEDERAL RESERVE BOARD
2015-02-28Acquired Premier Commercial Bank (58754) in GREENSBORO, NC
2016-03-01Merged into and subsequently operated as part of Yadkin Bank (19861) in STATESVILLE, NC
2017-03-11Merged into and subsequently operated as part of First National Bank of Pennsylvania (7888) in GREENVILLE, PA

Financial Information (2013-09-30 and Older)