Frontier State Bank

Status:Inactive as of 11/30/2001
 Merger - Without Assistance
Successor Bank:First Federal Bank of California, a Federal Savings Bank
Headquarters:Frontier State Bank
2233 Artesia Boulevard
Redondo Beach, CA 90278
Established:01/01/1978
FDIC Insurance:12/08/1980
FDIC Cert:#32066
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$69,190,000
Total Deposits:$60,127,000

History

1978-01-01Institution established: Original name:Frontier Savings and Loan Association
1990-06-29Changed name to Frontier State Bank
1990-06-29Changed organization type to COMMERCIAL BANK
1996-08-19Acquired Commonwealth Thrift and Loan (27072) in TORRANCE, CA as part of a government assisted transaction.
2001-11-30Acquired Del Amo Savings Bank, FSB (31981) in TORRANCE, CA
2001-11-30Acquired Frontier State Bank in REDONDO BEACH, CA
2001-11-30Merged into and subsequently operated as part of First Federal Bank of California, a Federal Savings Bank (28536) in SANTA MONICA, CA
2009-12-18Failed. Acquired with government financial assistance and subsequently operated as part of OneWest Bank, FSB (58978)
2010-02-19Acquired La Jolla Bank, FSB (32423) in LA JOLLA, CA as part of a government assisted transaction.
2011-01-19Moved bank headquarters from SANTA MONICA, CA to PASADENA, CA
2011-07-21Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to COMPTROLLER OF THE CURRENCY
2014-02-28Changed institution class to INSURED COMMERCIAL BANK, NATIONAL, MEMBER FRS
2014-02-28Changed name to ONEWEST BANK, NATIONAL ASSOCIATION (58978)
2014-02-28Changed organization type to COMMERCIAL BANK
2015-08-03Changed name to CIT BANK, NATIONAL ASSOCIATION (58978)
2015-08-03Acquired CIT Bank (35575) in SALT LAKE CITY, UT
2020-01-01Acquired Mutual of Omaha Bank (32325) in OMAHA, NE

Financial Information (2000-12-31 and Older)