Colonial Federal Savings Association

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Colonial Federal Savings Association Detail Information

Colonial Federal Savings Association
1 West Westfield Avenue
Roselle Park, New Jersey 7204
Primary Internet Web Address:

FDIC Certificate #: 32830
Active: No
Bank Charter Class: SA - savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS).
Structural event relating to an institution: RTC Supervised Payoffs, Liquidations, and Closings
Colonial Federal Savings Association Established Date: 11/9/1989
Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
Secondary Insurance Fund:

About Colonial Federal Savings Association as of 9/6/2007 (NJ Bank):

• County: Union
• Colonial Federal Savings Association is NOT being operated in government conservatorship.
• Institution is currently closed but were once insured by the FDIC.
• Includes institutions insured by the FDIC.
• Member of the Savings Association Insurance Fund. As of April 1, 2006 SAIF was merged together with the Bank Insurance Fund (BIF) to create a single Deposit Insurance Fund (DIF). All FDIC insured SAIF member institutions, that are still active or open, are now insured members of DIF.
• Includes savings institutions insured by the FDIC that operate under state or federal banking codes applicable to thrift institutions. These institutions are regulated by and submit financial reports to one of two Federal regulators (FDIC or Office of Thrift Supervision).
• Bank Holding Company Type: Jamesburg
• Regulator: OTS
• Metropolitan Statistical Area (MSA): Newark, NJ
• Office of Thrift Supervision Region: Northeast
• FDIC Supervisory Region: New York
• Federal Reserve District: New York
• Bank Holding Company (Regulatory Top Holder):
• Regulatory holding company state location:

Office: 5 Colonial Federal Savings Association Branch/Bank Locations

_{*Data by The Federal Deposit Insurance Corporation (FDIC)}