Sound Federal Savings

Sound Federal Savings Overview

Sound Federal Savings, founded in January 01, 1890, is currently an active FDIC insured bank. The chartering agency for Sound Federal Savings is currently with the Office of Thrift Supervision. This FDIC insured bank is not being operated by government conservatorship. Sound Federal Savings has an FDIC insurance membership with the DIF – Deposit Insurance Fund and is regulated by the Office of Thrift Supervision (OTS).

Sound Federal Savings is assigned uner the New York Federal Deposit Insurance Corporation (FDIC) supervisory office and had obtained their federal deposit insurance on February 13, 1935.

Address Location and Maps for Sound Federal Savings

Bank Name Sound Federal Savings FDIC Bank Location for Sound Federal Savings
Address 1311 Mamaroneck Avenue, Suite 190
White Plains, NY 10605
County: Westchester
Bank’s State: New York
Website: http://www.soundfed.com:80/

 

Sound Federal Savings Detailed Information

FDIC Certificate ID 28485
Bank Institution Name Sound Federal Savings
Is the Bank Active? Active
Office of Thrift Supervision Docket ID 1680
Total Assets $1,210,804,000
Total Deposits $1,063,991,000
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 13, 1935
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 Westchester
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

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

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