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It was constructed between 1963 and 1965 to house headquarters for First Federal Savings and Loan of Detroit, and was known as the First Federal Building. By January 1998, the Savings and Loan was part of Charter One Financial and the parent company sought to sell the structure and lease a portion back. [ 4 ]
The acquisition made it the second largest savings and loan association in the country at that time. [30] [31] To satisfy federal anti-trust concerns, Great Western was required to sell 2 offices to State Mutual Savings (a subsidiary of Far West Financial Corp.) and 1 office to Home Federal Savings of San Diego. [32]
EurekaBank was a Foster City, California, based bank, with primary operations in the San Francisco Bay Area. Formerly known as Eureka Federal Savings and Loan, based out of San Carlos, California, and known for a scandal in the 1980s involving John DeLorean (maker of the car made famous by the movie Back to the Future).
The Federal Home Loan Bank Act of 1932 established the Federal Home Loan Bank System, a network of 11 (originally 12) government-sponsored entities designed to fund and support member home-lending ...
A recent survey by Capital One Bank revealed that "nearly half of all high school seniors polled say they are unsure or uncertain about their ability to manage their banking and personal finances."
California Federal Bank, known as CalFed, was a retail bank and real estate lender headquartered in Los Angeles, California, that operated under a federal savings bank charter. In 2002, it operated 352 branches , most of which were in California , when acquired by Citigroup .
TCF Financial Corporation began business in 1923 as Twin City Building and Loan Association. In 1936, it was given a federal charter and renamed as Twin City Federal Savings and Loan Association. In 1986, it became a public company. In 1995, TCF acquired Great Lakes National Bank. [2]
First Federal opened their first branch location on the north side of town in 1968. The savings and loan reorganized as First Federal Savings Bank in 1993. It was folded into Mercantile Bank two years later. Mercantile moved their downtown headquarters in 1997, and this building was converted into an office building. It was vacated in 2015.
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