The bank was founded in 1889 as Ohio Savings, Loan & Building Co.[1]
In 1963, Leo Goldberg acquired control of the company.[1]
In 1975, the bank acquired Citizens Federal Savings & Loan of Akron.[1] In 1978, the bank acquired Shaker Savings.[1] In 1989, the bank acquired Palm Plaza Savings Association, based in Boca Raton, Florida.[2]
In 2000, the bank opened its first branches in Phoenix, Arizona.[1] In 2007, the bank changed its name to Amtrust Bank.[3] In January 2009, the bank sold its 5 branches in Columbus, Ohio to WesBanco.[4]
^Dixon Murray, Teresa (December 4, 2009). "AmTrust Bank fails, bought by New York bank". Cleveland Plain Dealer.
^Kass, ARIELLE (January 8, 2010). "Ohio Savings name to return to AmTrust Bank branches in Ohio". Crain Communications.
December 03, 2023
amtrust, bank, confused, with, amtrust, financial, services, bank, based, cleveland, ohio, company, founded, 1889, closed, december, 2009, amtrust, financial, building, bank, headquarters, cleveland, ohio, until, 2009, when, company, closed, industrybankingfou. Not to be confused with AmTrust Financial Services AmTrust Bank was a bank based in Cleveland Ohio The company was founded in 1889 and was closed in December 2009 AmTrust BankThe AmTrust Financial Building the bank s headquarters in Cleveland Ohio until 2009 when the company closed IndustryBankingFounded1889 134 years ago 1889 DefunctDecember 4 2009 13 years ago 2009 12 04 FateBank failure assets acquired by New York Community BankHeadquartersCleveland OhioHistory editThe bank was founded in 1889 as Ohio Savings Loan amp Building Co 1 In 1963 Leo Goldberg acquired control of the company 1 In 1975 the bank acquired Citizens Federal Savings amp Loan of Akron 1 In 1978 the bank acquired Shaker Savings 1 In 1989 the bank acquired Palm Plaza Savings Association based in Boca Raton Florida 2 In 2000 the bank opened its first branches in Phoenix Arizona 1 In 2007 the bank changed its name to Amtrust Bank 3 In January 2009 the bank sold its 5 branches in Columbus Ohio to WesBanco 4 On December 4 2009 as a result of bank failure the bank was shut down by the Office of Thrift Supervision It was placed into receivership and the Federal Deposit Insurance Corporation was named receiver The assets of the bank were sold to New York Community Bank 5 6 NYCB changed the name of the acquired Ohio branches back to Ohio Savings Bank 7 References edit nbsp Banks portal a b c d e Dixon Murray Teresa December 5 2009 A history of AmTrust Bank Cleveland Plain Dealer Institution History for AMTRUST BANK F S B 52876 Federal Financial Institutions Examination Council Dixon Murray Teresa April 19 2007 Ohio Savings Bank changing its name to AmTrust Cleveland Plain Dealer Dixon Murray Teresa January 23 2009 AmTrust sells Columbus branches Cleveland Plain Dealer FDIC Failed Bank Information AmTrust Bank Cleveland OH Federal Deposit Insurance Corporation Dixon Murray Teresa December 4 2009 AmTrust Bank fails bought by New York bank Cleveland Plain Dealer Kass ARIELLE January 8 2010 Ohio Savings name to return to AmTrust Bank branches in Ohio Crain Communications Retrieved from https en wikipedia org w index php title AmTrust Bank amp oldid 1146635470, wikipedia, wiki, book, books, library,
