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Community Federal Savings and Loan Association

Status:Inactive as of 05/18/1990
 Pass Through Receivership Merger
Conservatorship Institution Resolved
Successor Bank:Consolidated Bank and Trust Company
Headquarters:Community Federal Savings and Loan Association
1512 27 Street
Newport News, VA 23607
Established:01/01/1957
FDIC Insurance:06/29/1977
FDIC Cert:#31884
Charter Class:
Total Assets:$8,655,000
Total Deposits:$8,818,000

History

1957-01-01Institution established: Original name:Community Savings and Loan Association
1988-03-31Changed name to Community Federal Savings and Loan Association
1989-03-30Placed into government conservatorship.
1990-05-18Government conservatorship or bridge bank resolved.
1990-05-18Acquired Peoples Savings and Loan Association FA (28378) in HAMPTON, VA
1990-05-18Acquired after government financial assistance and subsequently operated as part of Consolidated Bank and Trust Company (11583)
2011-04-08Acquired Adams National Bank (22658) in WASHINGTON, DC
2011-04-08Changed name to Premier Bank, Inc. (34837)
2011-04-08Acquired Consolidated Bank and Trust Company (11583) in RICHMOND, VA
2011-04-08Merged into and subsequently operated as part of Premier Bank, Inc. (34837) in HUNTINGTON, WV
2011-04-08Acquired First Central Bank, Inc. (34838) in PHILIPPI, WV
2011-04-08Acquired Traders Bank (848) in RAVENSWOOD, WV
2014-04-05Acquired Bank of Gassaway (15397) in GASSAWAY, WV
2016-03-04Acquired First National Bank (6795) in RONCEVERTE, WV
2018-10-12Acquired First Bank of Charleston, Inc. (57514) in CHARLESTON, WV
2021-09-18Merged into and subsequently operated as part of Peoples Bank (6544)
2021-09-18Merged into and subsequently operated as part of Peoples Bank (6544)