Trustbank Savings, F.S.B.

Status:Inactive as of 01/25/1991
 Absorption - Assisted
Institution Enters Conservatorship
Successor Bank:TrustBank Federal Savings Bank
Headquarters:Trustbank Savings, F.S.B.
7799 Leesburg Pike
Falls Church, VA 22043
Established:04/26/1974
FDIC Insurance:08/09/1989
FDIC Cert:#31703
Charter Class:Savings banks, state charter, supervised by the FDIC
Total Assets:$1,823,394,000
Total Deposits:$1,509,206,000

History

1974-04-26Institution established: Original name:Dominion Federal Savings and Loan Association
1986-03-31Moved bank headquarters from MC LEAN, VA to TYSON CORNER, VA
1989-07-01Changed organization type to STOCK SAVINGS BANK
1989-07-01Changed name to Trustbank Savings, F.S.B.
1991-01-25Institution established: Original name:TrustBank Federal Savings Bank (33299)
1991-01-25Placed into government conservatorship.
1991-01-25Failed, went into receivership, and then became part of TrustBank Federal Savings Bank (33299)
1992-03-20Government conservatorship or bridge bank resolved.
1992-03-20Acquired after government financial assistance and subsequently operated as part of Household Bank, FSB (30971)
1993-08-06Acquired San Clemente Federal Savings Bank (33611) in SAN CLEMENTE, CA as part of a government assisted transaction.
1995-02-03Moved bank headquarters from TYSON CORNER, VA to PROSPECT HEIGHTS, IL
1996-10-14Moved bank headquarters from PROSPECT HEIGHTS, IL to WOOD DALE, IL
1998-06-30Acquired Beneficial National Bank (17158) in WILMINGTON, DE
1998-06-30Change trust powers from FULL TRUST POWERS GRANTED to TRUST POWERS NOT GRANTED
1998-06-30Acquired Beneficial Savings Bank, F.S.B. (19360) in TAMPA, FL
2000-02-08Acquired Orchard Federal Savings Bank (32009) in ONTARIO, OR
2003-01-30Closed voluntarily and liquidated its assets.