First Newport Federal Savings Bank
| Status: | Inactive as of 07/23/1993 |
| Pass Through Receivership Merger Conservatorship Institution Resolved | |
| Successor Bank: | Sterling Bank and Trust, FSB |
| Headquarters: | First Newport Federal Savings Bank 2121 San Joaquin Hills Road Newport Beach, CA 92660 |
| Established: | 06/19/1992 |
| FDIC Insurance: | 06/19/1992 |
| FDIC Cert: | #33615 |
| Charter Class: | Savings banks, state charter, supervised by the FDIC |
| Total Assets: | $9,519,000 |
| Total Deposits: | $8,849,000 |
History
| 1992-06-19 | Institution established: Original name:First Newport Federal Savings Bank | |
| 1992-06-19 | Acquired First Newport Bank, F.S.B. (32452) in NEWPORT BEACH, CA | |
| 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 |