Cornerstone Bank, FSB
Status: | Inactive as of 12/16/1994 |
Absorption - Assisted | |
Successor Bank: | California Federal Bank |
Headquarters: | Cornerstone Bank, FSB 27405 Puerta Real, Suite 100 Mission Viejo, CA 92691 |
Established: | 08/22/1985 |
FDIC Insurance: | 08/09/1989 |
FDIC Cert: | #32374 |
Charter Class: | Savings banks, state charter, supervised by the FDIC |
Total Assets: | $44,345,000 |
Total Deposits: | $38,410,000 |
History
1985-08-22 | Institution established: Original name:Cornerstone Savings and Loan Association | |
1990-01-31 | Changed name to Cornerstone Bank State Savings Bank | |
1992-05-01 | Changed name to Cornerstone Bank, FSB | |
1992-05-01 | Changed organization type to STOCK SAVINGS BANK | |
1994-12-16 | Failed. Acquired with government financial assistance and subsequently operated as part of California Federal Bank, A FSB (30278) | |
1995-03-31 | Acquired Los Angeles Thrift and Loan Company (33190) in LOS ANGELES, CA | |
1995-04-28 | Acquired Continental Savings of America, A Savings and Loan Association (31899) in SAN FRANCISCO, CA as part of a government assisted transaction. | |
1995-06-30 | Moved bank headquarters from MISSION VIEJO, CA to LOS ANGELES, CA | |
1995-07-28 | Acquired Pacific Heritage Bank (23319) in TORRANCE, CA as part of a government assisted transaction. | |
1996-10-19 | Acquired First Citizens Bank (26768) in LOS ANGELES, CA | |
1997-01-03 | Acquired First Nationwide Bank, FSB (32643) in DALLAS, TX | |
1998-09-11 | Acquired Glendale Federal Bank, Federal Savings Bank (29199) in GLENDALE, CA | |
1998-12-01 | Moved bank headquarters from LOS ANGELES, CA to SAN FRANCISCO, CA | |
2000-02-11 | Changed name to California Federal Bank (30278) | |
2002-11-13 | Merged into and subsequently operated as part of Citibank (West), FSB (57443) in SAN FRANCISCO, CA | |
2006-10-01 | Acquired Citibank (Delaware) (24029) in NEW CASTLE, DE | |
2006-10-01 | Acquired Citicorp Trust, National Association (26170) in LOS ANGELES, CA | |
2006-10-01 | Acquired CFSB, National Association (28251) in RESTON, VA | |
2006-10-01 | Acquired Citibank Texas, National Association (32623) in DALLAS, TX | |
2006-10-01 | Acquired West, National Association (57443) in SAN FRANCISCO, CA | |
2006-10-01 | Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to COMPTROLLER OF THE CURRENCY | |
2006-10-01 | Changed institution class to INSURED COMMERCIAL BANK, NATIONAL, MEMBER FRS | |
2006-10-01 | Merged into and subsequently operated as part of Citibank, National Association (7213) in LAS VEGAS, NV | |
2006-10-01 | Changed organization type to COMMERCIAL BANK | |
2006-10-01 | Changed name to West, National Association (57443) | |
2008-11-23 | Maintained operations with government open bank assistance. | |
2011-07-01 | Moved bank headquarters from LAS VEGAS, NV to SIOUX FALLS, SD | |
2011-07-01 | Acquired Citibank (South Dakota), N.A. (23360) in SIOUX FALLS, SD | |
2012-01-01 | Acquired Citicorp Trust Bank, fsb (18708) in WILMINGTON, DE |