Penn Federal Savings Bank

Penn Federal Savings Bank Overview

Penn Federal Savings Bank, founded in November 1, 1941, is currently an active FDIC insured bank. The chartering agency for Penn Federal Savings Bank is currently with the Office of Thrift Supervision. This FDIC insured bank is not being operated by government conservatorship. Penn Federal Savings Bank has an FDIC insurance membership with the DIF – Deposit Insurance Fund and is regulated by the Office of Thrift Supervision (OTS).

Penn Federal Savings Bank is assigned uner the New York Federal Deposit Insurance Corporation (FDIC) supervisory office and had obtained their federal deposit insurance on February 27, 1942.

Address Location and Maps for Penn Federal Savings Bank

Bank Name Penn Federal Savings Bank FDIC Bank Location for Penn Federal Savings Bank
Address 36 Ferry Street
Newark, NJ 7105
County: Essex
Bank’s State: New Jersey
Website: http://www.pennfsb.com:80/

 

Penn Federal Savings Bank Detailed Information

FDIC Certificate ID 30179
Bank Institution Name Penn Federal Savings Bank
Is the Bank Active? Active
Office of Thrift Supervision Docket ID 4896
Total Assets $2,317,598,000
Total Deposits $1,620,036,000
Regulator Office of Thrift Supervision (OTS)
Bank Charter Class SA – Savings Association. Bank is supervised by the Office of Thrift Supervision (OTS). It is either a state or federal charter.
FDIC Bank’s Chartering Agency Office of Thrift Supervision
Bank is FDIC Insured No, FDIC insured bank is NOT a member of the Bank Insurance Fund
Bank Insurance Fund DIF – Deposit Insurance Fund
Date of Deposit Insurance February 27, 1942
Change Code 223
Change Code Description Merger – FDIC Insured Bank Without Assistance
OCC Bank Charter Number No FDIC Bank Charter Number
Conservatorship FDIC insured bank is not being operated by government conservatorship.
Inactive Bank that used to be FDIC insured? Yes
Credit Card Institution No, bank is not a credit card institution. Credit card loans do not exceed 50% of the FDIC Bank institution’s total assets, including loans that have been securitized and sold.
Insured Commercial Banks Yes
FDIC Supervisory Region New York
Insured Savings Institution No, Bank is not Savings Association Insurance Fund (SAIF) insured
State Charter No
County Essex
Office of Thrift Supervision Region Northeast
Assigned Federal Reserve District New York
Oakar Institutions No
FDIC Field Office 1
Insured offices of foreign banks 0

Penn Federal Savings Bank is insured by the Federal Deposit Insurance Corporation (FDIC)

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