First Newport Bank, F.S.B.
| Status: | Inactive as of 06/19/1992 |
| Absorption - Assisted Institution Enters Conservatorship | |
| Successor Bank: | First Newport Federal Savings Bank |
| Headquarters: | First Newport Bank, F.S.B. 2121 San Joaquin Hills Road Newport Beach, CA 92660 |
| Established: | 01/30/1986 |
| FDIC Insurance: | 08/09/1989 |
| FDIC Cert: | #32452 |
| Charter Class: | Savings banks, state charter, supervised by the FDIC |
| Total Assets: | $35,042,000 |
| Total Deposits: | $34,365,000 |
History
| 1986-01-30 | Institution established: Original name:University Savings and Loan Association | |
| 1989-07-31 | Moved bank headquarters from FRESNO, CA to NEWPORT BEACH, CA | |
| 1991-06-28 | Changed name to First Newport Bank, F.S.B. | |
| 1992-06-19 | Institution established: Original name:First Newport Federal Savings Bank (33615) | |
| 1992-06-19 | Placed into government conservatorship. | |
| 1992-06-19 | Failed, went into receivership, and then became part of First Newport Federal Savings Bank (33615) | |
| 1993-07-23 | Acquired after government financial assistance and subsequently operated as part of Sterling Bank and Trust, FSB (32232) | |
| 1993-07-23 | Government conservatorship or bridge bank resolved. | |
| 1996-09-30 | Moved bank headquarters from NEWPORT BEACH, CA to SOUTHFIELD, MI | |
| 1999-09-30 | Change trust powers from TRUST POWERS NOT GRANTED to TRUST POWERS TERMINATED | |
| 2011-07-21 | Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to COMPTROLLER OF THE CURRENCY |