Franklin Templeton Bank and Trust

Franklin Templeton Bank and Trust was established on August 8, 1975, originally named Pacific Union Bank & Trust Company. The institution underwent several significant changes over the years, including a name change to Franklin Bank on November 4, 1987, and a relocation of its main office to 777 Mariners Island Boulevard in San Mateo, California, on August 1, 1989. On May 1, 2000, the bank transitioned to a stock savings bank and changed its name to Franklin Templeton Bank and Trust, F.S.B., while also relocating its main office to 2302 South Presidents Drive in Salt Lake City, Utah. That same day, it acquired Franklin Templeton Trust Company and changed its primary federal regulatory agency to the Office of Thrift Supervision (OTS). The bank's designation was further updated on July 21, 2011, when its primary federal regulatory agency changed to the Office of the Comptroller of the Currency. On November 19, 2007, the main office was moved again within Salt Lake City. Eventually, Franklin Templeton Bank and Trust voluntarily closed and liquidated its assets on October 1, 2015.

Below is a list of some important events in banks history, including mergers and acquisitions.

1975-08-08Institution established. Original name: Pacific Union Bank & Trust Company.

1987-11-04Changed Institution Name to Franklin Bank.

1989-08-01Main Office moved to 777 Mariners Island Boulevard, San Mateo, CA 94404.

2000-05-01Changed Chartering Agency to Ots.

2000-05-01Changed Bank Class to Federal Savings Bank.

2000-05-01Changed Organization Type to Stock Savings Bank.

2000-05-01Changed Primary Federal Regulatory Agency to Ots.

2000-05-01Changed Institution Name to Franklin Templeton Bank and Trust, F.s.b..

2000-05-01Main Office moved to 2302 South Presidents Drive, Salt Lake City, UT 84120.

2000-05-01Acquired Franklin Templeton Trust Company in San Mateo, CA.

2007-11-19Main Office moved to 47 West 200 South, Suite 500, Salt Lake City, UT 84101.

2011-07-21Changed Primary Federal Regulatory Agency to The Office of the Comptroller of the Currency.

2014-05-08Changed Organization Type to Trust Company.

2015-10-01Closed voluntarily and liquidated its assets.