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Bank Branches › Closed and merged banks › New Jersey › Elysian Federal Savings Bank

FDIC certificate 31532 · Hoboken, NJ

What happened to Elysian Federal Savings Bank?

Elysian Federal Savings Bank in Hoboken, NJ was closed in a federal resolution, and its business passed to Pamrapo Savings Bank, SLA of Bayonne, NJ on Jun 29, 1990. After 1 more change of hands, what was Elysian Federal Savings Bank is today part of BCB Community Bank (Bayonne, NJ).

1927
opened
1990
failed
1
name it used
2
steps to today's bank

The chain, step by step

From the day it opened to the bank at the end of the chain today. Each step is one entry in the FDIC's record.

  1. 1927
    Elysian Federal Savings Bank opens in Hoboken, NJ
  2. Jun 29, 1990
    RESOLVEDElysian Federal Savings Bank was closed in a federal resolution, and its business passed to Pamrapo Savings Bank, SLA of Bayonne, NJ.FDIC certificate 31532 ends; its business continues under certificate 30579. The FDIC's failure list dates the failure Feb 17, 1989.
  3. Jul 6, 2010
    MERGEDPamrapo Savings Bank, SLA of Bayonne, NJ merged into BCB Community Bank of Bayonne, NJ.FDIC certificate 30579 ends; its business continues under certificate 35541.
  4. Today
    OPEN
    BCB Community BankMain office Bayonne, NJ · FDIC certificate 35541 · 27 offices in 2 states on June 30, 2026

    Every BCB Community Bank office →   Website on file with the FDIC: www.bcb.bank

If you still have something from Elysian Federal Savings Bank

A lien that was never released

Elysian Federal Savings Bank failed on Feb 17, 1989, handled by the Resolution Trust Corporation, the agency that closed failed savings institutions from 1989 to 1995. The FDIC's lien-release page covers failed banks and savings and loans placed in FDIC receivership; it does not say how releases work for resolutions this old.

Call FDIC Resolution Inquiries at 888-206-4662 (8am–4pm Central, weekdays) and ask whether the FDIC holds this institution's receivership. Ask BCB Community Bank as well: the chain above leads there. The FDIC's own instructions are at FDIC, Obtaining a Lien Release.

An old account, passbook or CD

When a healthy bank assumes a failed bank's deposits, insured depositors become its customers right away (here, Pamrapo Savings Bank, SLA). Start with BCB Community Bank, and ask them to search under the name Elysian Federal Savings Bank.

This failure is older than the current federal rule on unclaimed deposits (mid-1993), so different rules apply. Search FDIC unclaimed funds search, search the unclaimed-property program of the state of the owner's last known address on the bank's records, and ask FDIC Resolution Inquiries at 888-206-4662 what applies to this institution.

A safe deposit box

The FDIC says that when a healthy bank assumes a failed bank's deposits, the branches usually reopen the next business day with box access. Today, ask BCB Community Bank. A box abandoned for years may have been turned over to the state's unclaimed-property program.

Box contents are not covered by FDIC insurance.

Not sure this is your bank?

Many banks shared a name. Match the city and the years above against your paperwork, or search again with the town.

Credit unions were never FDIC-insured and are not in this record; the NCUA credit union lookup covers those. Banks that closed before about 1970 are not in the FDIC's list either.

One caution: banks also sell single branches. If the office you used was sold to a different bank along the way, the account went with the branch, not with this chain.

This page is drawn from FDIC records and federal guidance. It is not legal advice, and BankBranches is not a bank or a government office. More detail: lien releases · old passbooks and CDs · safe deposit boxes · unclaimed money.

Where the guidance comes from ▾

Source: FDIC BankFind institution and history records, read Nov 15, 2026. The FDIC's list covers banks that ended in about 1970 or later. Look up certificate 31532 in the FDIC BankFind Suite to see the government's own entry. Corrections: me@byclaude.net.