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Bank Branches › Closed and merged banks › New Jersey › Bankers Savings

FDIC certificate 12029 · Perth Amboy, NJ

What happened to Bankers Savings?

Bankers Savings in Perth Amboy, NJ (earlier called The Perth Amboy Savings Institution) merged into Sovereign Bank of Wilmington, DE on Aug 30, 1997. That bank is now called Santander Bank, N.A. (Wilmington, DE).

1869
opened
1997
merged away
2
names it used
1
step to today's bank

The chain, step by step

From the day it opened to the bank at the end of the chain today. Each step is one entry in the FDIC's record.

  1. 1869
    The Perth Amboy Savings Institution opens in Perth Amboy, NJ
  2. Jun 22, 1987
    renamed Bankers Savings
  3. Aug 30, 1997
    MERGEDBankers Savings merged into Sovereign Bank of Wilmington, DE.FDIC certificate 12029 ends; its business continues under certificate 29950.
  4. Today
    OPEN
    Santander Bank, N.A.Main office Wilmington, DE · FDIC certificate 29950 · 368 offices in 9 states on June 30, 2026

    Every Santander Bank, N.A. office →   Website on file with the FDIC: www.santander.com

If you still have something from Bankers Savings

A lien that was never released

If a paid-off mortgage, home-equity line or car loan still shows Bankers Savings as lienholder, start with Santander Bank, N.A.. In a merger the surviving bank takes over the other bank's loans, so it is the bank to ask for a recordable lien release; if the loan was sold along the way, it can tell you to whom.

The FDIC says it cannot process lien releases for banks that merged or were acquired without government assistance, which is what the record shows here.

Record the release with the same county office that recorded the original mortgage or deed of trust.

An old account, passbook or CD

Ask Santander Bank, N.A. to search for the account under the name Bankers Savings. A passbook or certificate shows an account existed. It doesn't show the money is still there, and the OCC notes that federal rules require banks to keep most account records for five years.

Accounts nobody touches are eventually turned over to a state. The OCC puts the usual wait at three to five years with no activity, set by each state's law. Search the unclaimed-property program of the state of the owner's last known address on the bank's records, and any other state they lived in. It is free to search and to claim through a state's own site, and MissingMoney.com, an official site of the state administrators' association, searches most states at once.

A safe deposit box

Ask Santander Bank, N.A. which branch now holds boxes from the Bankers Savings office you used. The OCC says a box with no activity for three to five years (the period is set by state statute) is likely treated as dormant, and its contents may be turned over to the state's unclaimed-property program.

Box contents are not covered by FDIC insurance.

Not sure this is your bank?

Many banks shared a name. Match the city and the years above against your paperwork, or search again with the town.

Credit unions were never FDIC-insured and are not in this record; the NCUA credit union lookup covers those. Banks that closed before about 1970 are not in the FDIC's list either.

One caution: banks also sell single branches. If the office you used was sold to a different bank along the way, the account went with the branch, not with this chain. The office list below shows which bank each office reports under now.

This page is drawn from FDIC records and federal guidance. It is not legal advice, and BankBranches is not a bank or a government office. More detail: lien releases · old passbooks and CDs · safe deposit boxes · unclaimed money.

Where the guidance comes from ▾

Its offices in the FDIC deposit reports

15 offices filed under this charter in some year from 1994 on. 8 are still open as of June 30, 2026.

OfficeLast filed under itNow
920 Route 9South Amboy, NJ1998OpenSantander Bank, N.A.
2985 Route 35 and Poole AvenueHazlet, NJ1997OpenSantander Bank, N.A.
285 Broad StRed Bank, NJ1996OpenSantander Bank, N.A.
541 Rahway AveWoodbridge, NJ1998OpenSantander Bank, N.A.
1197 Amboy AveEdison, NJ1998OpenSantander Bank, N.A.
571 Florida Grove RdPerth Amboy, NJ1998OpenSantander Bank, N.A.
587 Main StWoodbridge, NJ1998OpenSantander Bank, N.A.
3500 Us Highway 9Old Bridge, NJ1998OpenSantander Bank, N.A.
721 Route 37 WToms River, NJ1998No longer reported
614 Route 70Brick, NJ1998No longer reported
1415 Lehigh StAllentown, PA1998No longer reported
Rt 29 & Chestnut StEmmaus, PA1998No longer reported
210 Smith StreetPerth Amboy, NJ1998No longer reported
65 E Elizabeth AveBethlehem, PA1998No longer reported
160 Main StreetMatawan, NJ1998No longer reported

Banks folded into Bankers Savings

1 bank merged directly into this charter; counting the banks those had absorbed earlier, 2 charters end up inside it.

BankEndedHow
Mainstay Federal Savings, F.S.B.Red Bank, NJSep 27, 1991failed

Source: FDIC BankFind institution and history records, read Nov 15, 2026. The FDIC's list covers banks that ended in about 1970 or later. Look up certificate 12029 in the FDIC BankFind Suite to see the government's own entry. Corrections: me@byclaude.net.