Home > The Peoples Savings and Loan Association of Somerville New Jersey

The Peoples Savings and Loan Association of Somerville New Jersey

Status:Inactive as of 01/31/1976
 Merger - Assisted
Successor Bank:Princeton Savings and Loan Association
Headquarters:The Peoples Savings and Loan Association of Somerville New Jersey
200 East Main Street
Somerville, NJ 08876
Established:01/01/1887
FDIC Insurance:07/30/1956
FDIC Cert:#30471
Charter Class:

History

1887-01-01Institution established: Original name:The Peoples Savings and Loan Association of Somerville New Jersey
1976-01-31Failed. Acquired with government financial assistance and subsequently operated as part of Princeton Savings and Loan Association (28584)
1981-05-31Acquired Hightstown Savings and Loan Association of Hightstown New Jersey (27976) in HIGHTSTOWN, NJ
1982-07-31Failed. Acquired with government financial assistance and subsequently operated as part of Security Savings and Loan Association (30217)
1982-08-31Acquired First Federal Savings and Loan Association of Burlington County (27679) in CINNAMINSON, NJ
1987-06-30Changed organization type to STOCK SAVINGS & LOAN
1988-07-31Changed name to Security Savings Bank, SLA (30217)
1992-12-04Failed, went into receivership, and then became part of Security Federal Savings Bank (33748)
1992-12-04Institution established: Original name:Security Federal Savings Bank (33748)
1992-12-04Placed into government conservatorship.
1994-06-17Acquired after government financial assistance and subsequently operated as part of Meridian Bank, New Jersey (6493)
1994-06-17Government conservatorship or bridge bank resolved.
1996-02-23Acquired United Counties Trust Company (552) in CRANFORD, NJ
1996-06-14Merged into and subsequently operated as part of New Jersey National Bank (6500) in EWING TOWNSHIP, NJ
1996-12-06Merged into and subsequently operated as part of Corestates Bank, National Association (719) in PHILADELPHIA, PA
1996-12-06Moved bank headquarters from EWING TOWNSHIP, NJ to PHILADELPHIA, PA
1998-05-15Merged into and subsequently operated as part of First Union National Bank (33869) in CHARLOTTE, NC
1998-08-13Acquired Mentor Trust Company (Virginia) (34822) in RICHMOND, VA
1998-08-13Acquired Mentor Trust Company (33942) in PHILADELPHIA, PA
1999-07-16Acquired Keystone Trust Company (34003) in PORTSMOUTH, NH
1999-12-01Acquired Meridian Trust Company (26064) in READING, PA
2002-04-01Acquired Wachovia Bank, National Association (817) in WINSTON-SALEM, NC
2002-04-01Changed name to Wachovia Bank, National Association (33869)
2002-12-31Acquired Offitbank (33603) in NEW YORK CITY, NY
2002-12-31Acquired The First National Bank of Atlanta (26747) in NEW CASTLE, DE
2003-11-06Acquired Atlantic Savings Bank, F.S.B. (32335) in HILTON HEAD ISLAND, SC
2004-12-01Acquired First Union Direct Bank, National Association (34483) in AUGUSTA, GA
2005-01-03Acquired SouthTrust Bank (849) in BIRMINGHAM, AL
2006-03-01Acquired Western Financial Bank, National Association (31954) in Irvine, CA
2007-10-12Acquired World Savings Bank Interim, National Association (NY) (58838) in OCEANSIDE, NY
2008-06-01Acquired A.G. Edwards Trust Company, FSB (35018) in ST. LOUIS, MO
2010-03-20Acquired Wachovia Bank of Delaware, National Association (33931) in WILMINGTON, DE
2010-03-20Merged into and subsequently operated as part of Wells Fargo Bank, National Association (3511) in SIOUX FALLS, SD
2010-04-10Acquired Wachovia Card Services, National Association (58496) in ATLANTA, GA
2010-05-10Acquired Wells Fargo HSBC Trade Bank, National Association (34075) in SAN FRANCISCO, CA
2010-11-01Acquired Wells Fargo Alaska Trust Company, National Association (57755) in ANCHORAGE, AK
2011-03-31Acquired Wells Fargo Central Bank (26839) in CALABASAS, CA
2011-05-06Reorganized.
2011-07-01Reorganized.
2011-07-15Reorganized.
2011-12-01Reorganized.
2012-02-01Reorganized.