Sierra Federal Savings and Loan Association

Status:Inactive as of 07/20/1989
 Merger - Assisted
Institution Enters Conservatorship
Successor Bank:Sierra Savings and Loan, F.A.
Headquarters:Sierra Federal Savings and Loan Association
450 North Boxbury Drive
Beverly Hills, CA 90210
Established:12/18/1985
FDIC Insurance:12/18/1985
FDIC Cert:#32428
Charter Class:
Total Assets:$40,721,000
Total Deposits:$39,974,000

History

1985-12-18Institution established: Original name:Sierra Federal Savings and Loan Association
1989-07-20Institution established: Original name:Sierra Savings and Loan, F.A. (32687)
1989-07-20Placed into government conservatorship.
1989-07-20Failed. Acquired with government financial assistance and subsequently operated as part of Sierra Savings and Loan, F.A. (32687)
1989-07-20Placed into government conservatorship.
1989-07-31Acquired
1990-05-04Acquired after government financial assistance and subsequently operated as part of Sun Savings Bank, FSB (33114)
1990-05-04Institution established: Original name:Sun Savings Bank, FSB (33114)
1990-05-04Government conservatorship or bridge bank resolved.
1991-05-01Changed name to United Labor Bank, F.S.B. (33114)
1991-05-17Changed organization type to STOCK SAVINGS BANK
1991-05-17Acquired Time Federal Savings and Loan Association (33080) in SAN FRANCISCO, CA
1992-08-31Moved bank headquarters from LOS ANGELES, CA to OAKLAND, CA
2011-07-21Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to COMPTROLLER OF THE CURRENCY
2013-11-29Acquired Union Savings Bank (32329) in ALBUQUERQUE, NM
2014-12-01Changed name to UNITED BUSINESS BANK, F.S.B. (33114)
2017-04-29Changed name to United Business Bank (57716)
2017-04-29Merged into and subsequently operated as part of United Business Bank (57716) in WALNUT CREEK, CA
2017-11-04Acquired Plaza Bank (58305) in SEATTLE, WA
2018-12-01Acquired My Bank (33616) in BELEN, NM
2019-05-25Acquired Uniti Bank (57120) in BUENA PARK, CA
2019-10-22Acquired First State Bank of Colorado (12373) in HOTCHKISS, CO
2020-02-04Acquired Grand Mountain Bank, FSB (57531) in GRANBY, CO