Bank Branches › Closed and merged banks › Florida › First Federal Savings and Loan Association
What happened to First Federal Savings and Loan Association?
First Federal Savings and Loan Association in Delray Beach, FL merged into Carteret Savings Bank, FA of Newark, NJ on Oct 31, 1982. After 3 more changes of hands, what was First Federal Savings and Loan Association is today part of The Bank of New York Mellon (New York, NY).
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.
- 1950First Federal Savings and Loan Association opens in Delray Beach, FL
- Oct 31, 1982MERGEDFirst Federal Savings and Loan Association merged into Carteret Savings Bank, FA of Newark, NJ.FDIC certificate 30472 ends; its business continues under certificate 30080.
- Dec 4, 1992FAILEDCarteret Savings Bank, FA of Newark, NJ failed, and Carteret Federal Savings Bank of Madison, NJ took it over.FDIC certificate 30080 ends; its business continues under certificate 33749.
- Mar 10, 1995RESOLVEDCarteret Federal Savings Bank (by then renamed Carteret Federal Savings Bank of New Jersey) of Madison, NJ was closed in a federal resolution, and its business passed to The Bank of New York National Association of West Paterson, NJ.FDIC certificate 33749 ends; its business continues under certificate 6420.
- Dec 1, 1996MERGEDThe Bank of New York National Association (by then renamed The Bank of New York) of West Paterson, NJ merged into The Bank of New York of New York, NY.FDIC certificate 6420 ends; its business continues under certificate 639.
- TodayOPEN
The Bank of New York MellonMain office New York, NY · FDIC certificate 639 · 10 offices in 7 states on June 30, 2026Every The Bank of New York Mellon office → Website on file with the FDIC: www.bny.com
If you still have something from First Federal Savings and Loan Association
A lien that was never released
Carteret Savings Bank, FA failed on Dec 4, 1992, handled by the Resolution Trust Corporation, the agency that closed failed savings institutions from 1989 to 1995. The FDIC's lien-release page covers failed banks and savings and loans placed in FDIC receivership; it does not say how releases work for resolutions this old.
Call FDIC Resolution Inquiries at 888-206-4662 (8am–4pm Central, weekdays) and ask whether the FDIC holds this institution's receivership. Ask The Bank of New York Mellon as well: the chain above leads there. The FDIC's own instructions are at FDIC, Obtaining a Lien Release.
An old account, passbook or CD
When a healthy bank assumes a failed bank's deposits, insured depositors become its customers right away (here, Carteret Federal Savings Bank). Start with The Bank of New York Mellon, and ask them to search under the name First Federal Savings and Loan Association.
This failure is older than the current federal rule on unclaimed deposits (mid-1993), so different rules apply. Search FDIC unclaimed funds search, search the unclaimed-property program of the state of the owner's last known address on the bank's records, and ask FDIC Resolution Inquiries at 888-206-4662 what applies to this institution.
A safe deposit box
The FDIC says that when a healthy bank assumes a failed bank's deposits, the branches usually reopen the next business day with box access. Today, ask The Bank of New York Mellon. A box abandoned for years may have been 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.
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 ▾
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 30472 in the FDIC BankFind Suite to see the government's own entry. Corrections: me@byclaude.net.