Merit Savings Bank
Status: | Inactive as of 08/31/1988 |
Merger - Without Assistance | |
Successor Bank: | Charter Savings Bank |
Headquarters: | Merit Savings Bank 324 E First St Los Angeles, CA 90012 |
Established: | 11/14/1962 |
FDIC Insurance: | 11/14/1962 |
FDIC Cert: | #31336 |
Charter Class: | |
Total Assets: | $214,681,000 |
Total Deposits: | $210,165,000 |
History
1962-11-14 | Institution established: Original name:Merit Savings and Loan Association | |
1984-04-30 | Changed name to Merit Savings Bank | |
1988-08-31 | Merged into and subsequently operated as part of Charter Savings Bank (31924) in HUNTINGTON BEACH, CA | |
1990-06-15 | Institution established: Original name:Charter Savings Bank, F.S.B. (33087) | |
1990-06-15 | Placed into government conservatorship. | |
1990-06-15 | Failed, went into receivership, and then became part of Charter Savings Bank, F.S.B. (33087) | |
1990-12-07 | Acquired after government financial assistance and subsequently operated as part of Pacific Heritage Bank (23319) | |
1990-12-07 | Government conservatorship or bridge bank resolved. | |
1992-03-13 | Acquired Progressive Savings Bank, FSB (33421) in PASADENA, CA | |
1992-03-13 | Changed from the Savings Association Insurance Fund to the Bank Insurance Fund. | |
1995-07-28 | Failed. Acquired with government financial assistance and subsequently operated as part of California Federal Bank, A FSB (30278) | |
1996-10-19 | Acquired First Citizens Bank (26768) in LOS ANGELES, CA | |
1997-01-03 | Acquired First Nationwide Bank, FSB (32643) in DALLAS, TX | |
1997-01-03 | Moved bank headquarters from HUNTINGTON BEACH, CA to LOS ANGELES, CA | |
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 Citicorp Trust, National Association (26170) in LOS ANGELES, CA | |
2006-10-01 | Acquired Citibank (Delaware) (24029) in NEW CASTLE, DE | |
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 | Acquired CFSB, National Association (28251) in RESTON, VA | |
2006-10-01 | Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to COMPTROLLER OF THE CURRENCY | |
2006-10-01 | Merged into and subsequently operated as part of Citibank, National Association (7213) in LAS VEGAS, NV | |
2006-10-01 | Changed institution class to INSURED COMMERCIAL BANK, NATIONAL, MEMBER FRS | |
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 |