Global Savings Bank, FSB

Status:Inactive as of 09/30/1990
 Absorption - Without Assistance
Successor Bank:United Commercial Bank
Headquarters:Global Savings Bank, FSB
1388 Sutter Street
San Francisco, CA 94109
Established:06/17/1986
FDIC Insurance:08/09/1989
FDIC Cert:#32480
Charter Class:Savings banks, state charter, supervised by the FDIC
Total Assets:$25,686,000
Total Deposits:$24,158,000

History

1986-06-17Institution established: Original name:Global Savings Bank, FSB
1990-09-30Merged into and subsequently operated as part of United Savings Bank, F.S.B. (32469) in SAN FRANCISCO, CA
1992-05-31Acquired Golden Coin Savings and Loan Association (32012) in SAN FRANCISCO, CA
1998-01-01Changed name to United Commercial Bank (32469)
1998-07-31Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to FEDERAL DEPOSIT INSURANCE CORPORATION
1998-07-31Changed organization type to COMMERCIAL BANK
2002-10-29Acquired Bank of Canton of California (16754) in SAN FRANCISCO, CA
2003-07-22Acquired First Continental Bank (33340) in ROSEMEAD, CA
2005-11-04Acquired Pacifica Bank (34829) in BELLEVUE, WA
2005-11-29Acquired Asian American Bank and Trust Company (33825) in BOSTON, MA
2006-12-29Acquired The Summit National Bank (27199) in ATLANTA, GA
2007-05-24Acquired The Chinese American Bank (19736) in NEW YORK, NY
2009-11-06Failed. Acquired with government financial assistance and subsequently operated as part of East West Bank (31628)
2010-06-11Acquired Washington First International Bank (32955) in SEATTLE, WA as part of a government assisted transaction.
2014-01-18Acquired MetroBank, National Association (26937) in HOUSTON, TX
2014-01-18Acquired Metro United Bank (33401) in SAN DIEGO, CA