Somerset Trust Company
Status: | Inactive as of 10/29/1993 |
Merger - Without Assistance | |
Successor Bank: | Summit Bank |
Headquarters: | Somerset Trust Company Somerset Shopping Center Somerville, NJ 08876 |
Established: | 01/01/1864 |
FDIC Insurance: | 01/01/1934 |
FDIC Cert: | #9404 |
Charter Class: | Commercial bank, state charter and Fed nonmember, supervised by the FDIC |
Total Assets: | $664,514,000 |
Total Deposits: | $587,940,000 |
History
1864-01-01 | Institution established: Original name:Somerset Trust Company | |
1975-11-17 | Moved bank headquarters from BRIDGEWATER TOWNSHIP, NJ to SOMERVILLE, NJ | |
1977-05-31 | Acquired State Bank of Manville (21092) in MANVILLE, NJ | |
1990-05-11 | Acquired The Town & Country Bank (21253) in FLEMINGTON, NJ | |
1992-09-25 | Acquired Hometown Bank (27416) in EDISON, NJ | |
1992-09-25 | Acquired Highlands Community Bank, National Association (26844) in CLINTON, NJ | |
1993-10-29 | Merged into and subsequently operated as part of Summit Bank (8610) in SUMMIT, NJ | |
1994-09-13 | Acquired Crestmont Federal Savings and Loan Association (28358) in EDISON, NJ | |
1996-01-16 | Acquired Garden State Bank (21405) in JACKSON, NJ | |
1996-07-13 | Merged into and subsequently operated as part of Summit Bank (550) in HACKENSACK, NJ | |
1996-07-13 | Changed name to Summit Bank (550) | |
1997-02-08 | Acquired Central Jersey Savings Bank, SLA (28442) in EAST BRUNSWICK, NJ | |
1997-06-07 | Acquired The Bank of Mid-Jersey (8607) in BORDENTOWN, NJ | |
1998-03-14 | Acquired Collective Bank (28429) in EGG HARBOR, NJ | |
2001-03-01 | Acquired Summit Bank (7406) in BETHLEHEM, PA | |
2001-03-01 | Merged into and subsequently operated as part of Fleet National Bank (2558) in PROVIDENCE, RI | |
2001-03-01 | Acquired Summit Bank (17944) in NORWALK, CT | |
2004-02-01 | Acquired Progress Bank (30529) in BLUE BELL, PA | |
2005-03-18 | Acquired Fleet Maine, National Association (33987) in SOUTH PORTLAND, ME | |
2005-06-13 | Merged into and subsequently operated as part of Bank of America, National Association (3510) in CHARLOTTE, NC | |
2006-09-22 | Acquired MBNA America Delaware, National Association (34680) in WILMINGTON, DE | |
2008-02-22 | Acquired United States Trust Company , National Association (34061) in NEW YORK, NY | |
2008-06-30 | Acquired Bank of America Georgia, National Association (57117) in ATLANTA, GA | |
2008-10-17 | Acquired LaSalle Bank Midwest National Association (22488) in TROY, MI | |
2008-10-17 | Acquired LaSalle Bank National Association (15407) in CHICAGO, IL | |
2009-01-16 | Maintained operations with government open bank assistance. | |
2009-04-27 | Acquired Countrywide Bank, FSB (33143) in CENTENNIAL, CO | |
2009-07-01 | Acquired Merrill Lynch Bank USA (27374) in SALT LAKE CITY, UT | |
2009-11-02 | Acquired Merrill Lynch Bank & Trust Co., FSB (34571) in NEW YORK, NY | |
2013-04-01 | Acquired Bank of America Oregon, National Association (35453) in PORTLAND, OR | |
2013-04-01 | Acquired Bank of America, Rhode Island, National Association (58032) in PROVIDENCE, RI | |
2014-10-01 | Acquired FIA Card Services, National Association (33318) in WILMINGTON, DE | |
2020-03-31 | Acquired Recontrust Company, National Association (58026) in SIMI VALLEY, CA |