United Savings Bank, SLA

Status:Inactive as of 05/15/1990
 Absorption - Assisted
Institution Enters Conservatorship
Successor Bank:United Savings Bank, F.S.B.
Headquarters:United Savings Bank, SLA
136 Market St
Paterson, NJ 07505
Established:04/26/1941
FDIC Insurance:08/09/1989
FDIC Cert:#30147
Charter Class:
Total Assets:$245,785,000
Total Deposits:$244,812,000

History

1941-04-26Institution established: Original name:United Savings and Loan Association
1988-02-29Changed name to United Savings Bank, SLA
1990-05-15Institution established: Original name:United Savings Bank, F.S.B. (33045)
1990-05-15Failed, went into receivership, and then became part of United Savings Bank, F.S.B. (33045)
1990-05-15Placed into government conservatorship.
1990-12-13Ceased operations as a result of a government supervised payoff, liquidation, or closing. No active institution received any of its deposits.
1990-12-13Government conservatorship or bridge bank resolved.