Lincoln 1st Bank

Lincoln 1st Bank was established in 1922 as Lincoln Park Savings and Loan Association. Over the decades, the institution underwent several name changes and regulatory adjustments, reflecting its evolving identity within the banking landscape. In 2004, the bank transitioned its name to Lincoln Park Savings Bank and changed its organizational structure and primary federal regulatory agency to the Federal Deposit Insurance Corporation (FDIC), categorizing itself as a stock savings bank. On March 15, 2016, it was renamed Lincoln 1st Bank. The bank moved its main office to 261 Comly Road in Lincoln Park, New Jersey, on June 28, 2021. Eventually, on July 1, 2022, Lincoln 1st Bank merged with Ion Bank, based in Naugatuck, Connecticut, becoming part of a larger banking entity.

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

1922-01-01Institution established. Original name: Lincoln Park Savings and Loan Association.

2004-10-01Changed Bank Class to FDIC Supervised State Savings Bank.

2004-10-01Changed Organization Type to Stock Savings Bank.

2004-10-01Changed Institution Name to Lincoln Park Savings Bank.

2004-10-01Changed Primary Federal Regulatory Agency to FDIC.

2016-03-15Changed Institution Name to Lincoln 1st Bank.

2021-06-28Main Office moved to 261 Comly Rd, Lincoln Park, NJ 07035.

2022-07-01Merged and became part of Ion Bank in Naugatuck, CT.