Who Took Over Long Island Savings?

by | Last updated on January 24, 2024

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In 1995, the bank acquired Fidelity New York Bank for $160 million in cash. In 1997, the bank acquired Greater New York Savings Bank for $293 million in stock and cash. In 1998,

the bank

acquired Long Island Savings Bank for $1.8 billion.

Who bought Long Island Savings Bank?

Seeking to expand its presence in the New York metropolitan region,

the Astoria Financial Corporation

has agreed to buy Long Island Bancorp Inc.

Who took over Home Savings of America?


Washington Mutual

announced plans Tuesday to buy the owner of Home Savings of America for more than $10 billion, a stunning move that would result in the loss of up to 3,500 jobs and the closure of as many as 170 branch offices, most of them in the Southland.

Who took over First Federal Savings Bank?

The business that became First Federal turned 100 in 1996, but the end was near.

Marine Midland Bank

announced plans to buy First Federal that same year and merged the institutions in 1997.

Who bought American Savings Bank?

In 1996, American Savings Bank was purchased by

Washington Mutual Bank

for $1.2 billion. Washington Mutual failed in 2008 and was acquired by JP Morgan Chase Bank.

Did Astoria Bank change names?

LAKE SUCCESS, N.Y., June 1, 2014 /PRNewswire/ —

Astoria Federal Savings

, a wholly-owned subsidiary of Astoria Financial Corporation (NYSE: AF) and the second largest community bank headquartered in New York, today announced that it officially changed its name to Astoria Bank.

What is Sterling National bank routing number?

Routing Number

221970443
Bank STERLING NATIONAL BANK Address 400 RELLA BOULEVARD City MONTEBELLO State NY

Who bought Home Savings Loan?

In 1998, Seattle-based

thrift Washington Mutual (WaMu)

purchased HF Ahmanson and its Home Savings unit for $10 billion. As a result of this takeover and those of American Savings and Great Western Financial, Washington Mutual became California's second largest bank.

What happened to savings of America?

On Friday, February 24, 2012, Home Savings of America,

Little Falls, MN was closed by the Office

of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation (FDIC) was named Receiver. … The FDIC has assembled useful information regarding your relationship with this institution.

Who bought Washington Mutual bank?

“Washington Mutual Acquired by

JPMorgan Chase

.” Accessed Dec. 18, 2020. University of Washington. “Annual Report / Washington Mutual 2007,” Page 9.

Who bought First Federal Savings and Loan?


Peoples Bank

Completes Acquisition of First Federal Savings and Loan Association. Munster, Indiana – NorthWest Indiana Bancorp (NWIN.

What bank became Premier Bank?

Type Private Products Banking Website www.

americanpremierbank.

com

What bank took over Home Savings?

Home Savings Bank and

First Federal Bank of the Midwest

will operate as Premier Bank this summer. The name change comes as the two banks' parent companies wrap up a merger that was announced last year and closed in January.

Is there a Bank of America in Hawaii?

In 1997,

Bank of America shut down its retail operations in Hawaii

and by 1998 had only lent $3 million to Hawaiian homesteaders. The bank didn't abandon the islands altogether, however.

Is American Savings Bank only in Hawaii?

Since our humble beginnings in downtown

Honolulu

, American Savings Bank has grown into one of Hawai'i's leading financial institutions with many branches throughout the state. … This subsidiary, a Honolulu-based federally chartered savings bank, is called American Savings Bank.

What bank is American Savings?

Type Subsidiary Industry Banking Founded 1925 Headquarters Honolulu, Hawaii , United States Number of locations 57
Ahmed Ali
Author
Ahmed Ali
Ahmed Ali is a financial analyst with over 15 years of experience in the finance industry. He has worked for major banks and investment firms, and has a wealth of knowledge on investing, real estate, and tax planning. Ahmed is also an advocate for financial literacy and education.