Greater Delaware Valley Savings Bank

Greater Delaware Valley Savings Bank was established on January 1, 1924, originally named Greater Delaware Valley Savings and Loan Association. The institution underwent a significant transformation on November 1, 1991, when it changed its name to Greater Delaware Valley Savings Bank, transitioned from a mutual savings bank to a stock savings bank, and switched its primary federal regulatory agency to the Federal Deposit Insurance Corporation (FDIC). On March 3, 1995, it formally changed its organization type to a stock savings bank. The bank’s main office was relocated to 541 Lawrence Road in Broomall, Pennsylvania, on the same day. Ultimately, on October 9, 2015, Greater Delaware Valley Savings Bank merged with Wilmington Savings Fund Society, Fsb, located in Wilmington, Delaware, marking the end of its independent operations.

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

1924-01-01Institution established. Original name: Greater Delaware Valley Savings and Loan Association.

1991-11-01Changed Organization Type to Mutual Savings Bank.

1991-11-01Changed Primary Federal Regulatory Agency to FDIC.

1991-11-01Changed Institution Name to Greater Delaware Valley Savings Bank.

1991-11-01Main Office moved to 541 Lawrence Road, Broomall, PA 19008.

1995-03-03Changed Organization Type to Stock Savings Bank.

2015-10-09Merged and became part of Wilmington Savings Fund Society, Fsb (17838) in Wilmington, DE.