Regal Bank & Trust
- Bank Name:Regal Bank & Trust
- Bank Class:State Chartered - FED Nonmember Bank
- FDIC ID:Certificate #32370 - Inactive
- FED RSSD ID:#692478 - Inactive
History Of Regal Bank & Trust
Regal Bank & Trust was originally established on April 4, 1947, under the name Regal Savings and Loan Association, Inc. Over the decades, the institution underwent a series of transformations. On May 31, 1988, it changed its name to Regal Savings Bank, FSB, and altered its organization type to a stock savings bank, with regulatory oversight shifting to the Office of Thrift Supervision. On January 24, 2000, the bank adopted the name Regal Bank & Trust, transitioned to a commercial bank, and changed its primary federal regulatory agency to the Federal Deposit Insurance Corporation (FDIC). Additionally, on October 31, 2007, the main office relocated to 11436 Cronhill Drive Unit 1 in Owings Mills, Maryland. After several years of operation, Regal Bank & Trust merged with Old Line Bank in Bowie, Maryland, on December 5, 2015. The bank's final merger occurred on November 22, 2019, when it became part of WesBanco Bank, Inc., based in Wheeling, West Virginia.
Below is a list of some important events in banks history, including mergers and acquisitions.
1947-04-04Institution established. Original name: Regal Savings and Loan Association, Inc..
1988-05-31Changed Chartering Agency to Ots.
1988-05-31Changed Organization Type to Stock Savings Bank.
1988-05-31Changed Institution Name to Regal Savings Bank, Fsb.
2000-01-24Changed Chartering Agency to State.
2000-01-24Changed Organization Type to Commercial Bank.
2000-01-24Changed Primary Federal Regulatory Agency to FDIC.
2000-01-24Changed Institution Name to Regal Bank & Trust.
2007-10-31Main Office moved to 11436 Cronhill Drive Unit 1, Owings Mills, MD 21117.
2015-12-05Merged and became part of Old Line Bank in Bowie, MD.
2019-11-22Merged and became part of WesBanco Bank, Inc. in Wheeling, WV.
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