Bank of Salem
Status: | Inactive as of 12/01/2007 |
Merger - Without Assistance | |
Successor Bank: | Frontier Bank |
Headquarters: | Bank of Salem 1995 Commercial Street Southeast Salem, OR 97302 |
Established: | 02/19/1991 |
FDIC Insurance: | 02/19/1991 |
FDIC Cert: | #33313 |
Charter Class: | Commercial bank, state charter and Fed nonmember, supervised by the FDIC |
Total Assets: | $210,847,000 |
Total Deposits: | $172,306,000 |
History
1991-02-19 | Institution established: Original name:Bank of Salem | |
2007-12-01 | Merged into and subsequently operated as part of Frontier Bank (22710) in EVERETT, WA | |
2010-04-30 | Failed. Acquired with government financial assistance and subsequently operated as part of Union Bank, National Association (22826) | |
2012-12-03 | Acquired Santa Barbara Bank & Trust, National Association (18169) in SANTA BARBARA, CA | |
2014-07-01 | Changed name to MUFG Union Bank, National Association (22826) | |
2020-02-21 | Moved bank headquarters from EVERETT, WA to SAN FRANCISCO, CA |