Synergy Bank
Status: | Inactive as of 10/01/2007 |
Merger - Without Assistance | |
Successor Bank: | New York Community Bank |
Headquarters: | Synergy Bank 310 North Avenue East Cranford, NJ 07016 |
Established: | 01/01/1952 |
FDIC Insurance: | 05/01/1998 |
FDIC Cert: | #34851 |
Charter Class: | Savings banks, state charter, supervised by the FDIC |
Total Assets: | $912,271,000 |
Total Deposits: | $567,385,000 |
History
1952-01-01 | Institution established but was not FDIC insured. Original name: Schering Employees FCU | |
1979-12-31 | Changed name to Schering Corporate Employees FCU | |
1981-11-18 | Changed name to Schering Employees Federal Credit Union | |
1987-10-07 | Moved bank headquarters from UNION TOWNSHIP, NJ to KENILWORTH, NJ | |
1993-11-12 | Changed name to Synergy Federal Credit Union | |
1998-05-01 | Changed organization type to MUTUAL SAVINGS BANK | |
1998-05-01 | Changed name to Synergy Federal Savings Bank | |
1998-05-01 | Became FDIC insured. | |
2001-03-01 | Changed organization type to STOCK SAVINGS BANK | |
2001-07-10 | Changed organization type to MUTUAL SAVINGS BANK | |
2002-04-12 | Changed name to Synergy Bank | |
2003-01-10 | Acquired First Bank of Central Jersey (34690) in NORTH BRUNSWICK, NJ | |
2007-10-01 | Merged into and subsequently operated as part of New York Community Bank (16022) in WESTBURY, NY | |
2009-12-04 | Acquired AmTrust Bank (29776) in CLEVELAND, OH as part of a government assisted transaction. | |
2010-03-26 | Acquired Desert Hills Bank (57060) in PHOENIX, AZ as part of a government assisted transaction. | |
2018-11-30 | Acquired New York Commercial Bank (32749) in WESTBURY, NY | |
2020-02-01 | Moved bank headquarters from WESTBURY, NY to HICKSVILLE, NY |