During our first 100 years in business, Century Federal Savings and Loan Association had grown from just over $2,000.00 in assets to over $18 million in assets.
Our First Century
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150 Years with Century Savings Bank
“We’ve never strayed from our roots of offering the combination of friendly, almost old...
1840 America
Building and Loan Associations began in the United States.
1865 America Part 1
The New York Stock exchange opened its 1st headquarters. Lewis Carroll’s classic “Alice in...
1865 America Part 2
President Abraham Lincoln was elected to his second term while the Civil War was coming to an end.
March 1, 1865
The city of Bridgeton was incorporated.
May 29, 1865 – We’re Open For Business!
On May 29, 1865, the Bridgeton Savings Fund and Building Association was incorporated. It opened...
May 10, 1880 Then & Now
The Bank offices are located on the second floor at 71 E. Commerce Street in Bridgeton.
1884
The city of Bridgeton gets electric service.
1889 – Did You Know?
Bridgeton Savings Fund and Building Association, along with other local building associations are...
1893
Bridgeton Savings Fund and Building Association now includes 657 Shareholders. Interestingly, the...
1903
Down on the Outer Banks of North Carolina, the Wright Brothers took their first flight.
1903 – Still Growing
As of May 31st, 1903, Bridgeton Savings Fund and Building Association amassed $160,737.53 in total...
Nov. 18, 1903 – Bridgeton Building and Loan Association
The bank’s name changed from “Bridgeton Savings Fund and Building Association” to “The Bridgeton...
1908
Ford Motor Company introduced the Model T which had a 20-horsepower engine, a top speed of 45 mph...
1910
The Bridgeton Building and Loan Association accumulates $116,808.97 in total assets and 1,264...
1911-1912 Then & Now
The Bank moves to the second floor of 36 South Laurel Street in Bridgeton. The address was home to...
1920
Women received the right to vote.
1921
The first Miss America Pageant was held in Atlantic City.
1932
Francis Scott Key’s “The Star Spangled Banner” was approved by President Hoover and Congress as the...
1934
New Jersey’s first zoo, The Cohanzick Zoo in Bridgeton opened its doors.
1934 – August
In August, our region is devastated by what is known as the “Bridgeton Flood”.
1935
After an exciting 21 year career, Babe Ruth announces his retirement from Major League Baseball.
1940 Then & Now
The Bank is currently operating out of offices located at No. 4 North Laurel Street in the heart of...
1953
June 2 sees Princess Elizabeth formally crowned Queen Elizabeth II, monarch of the United Kingdom...
1954 – Did You Know
The Bridgeton Building and Loan Association became federally chartered as “Bridgeton Federal...
1955
Rosa Parks, an African American seamstress, refuses to give up her seat on the bus to a white man...
1956 Then & Now
Bridgeton Federal Savings and Loan moved to 58 North Laurel Street in Bridgeton.
1959
>On January 3, 1959, Alaska is admitted to the United States as the 49th state soon to be followed...
1961
Bridgeton Federal Savings and Loan Association purchased the property at the corner of North Laurel...
1962 – Did You Know?
Bridgeton Federal Savings and Loan merged with Elmer Savings and Loan Association, creating the...
1962
AT&T launches the world’s first commercial communications satellite. Eggs cost $0.32 a dozen...
1963
The Civil Rights march on Washington, D.C., culminated with Dr. Martin Luther King’s famous “I Have...
1964
Beatlemania hits the shores of the United States with the release of “I Want to Hold Your Hand”...
1965 – 100th Anniversary
We celebrated our 100th anniversary as Bridgeton Federal Savings and Loan and acquired First...
1965! A New Century, A New Name
100 years ago, Bridgeton Savings Fund and Building Association was founded. The name of the bank...
1969
The Apollo program completes its mission and Neil Armstrong became the first man to set foot on the...
More Mergers = More Growth in 1972
Century Federal Savings and Loan merged with Gibbstown-based Paulsboro Building and Loan.
1973 – Hello who’s calling?
April 3rd 1973, Dr. Martin Cooper invented the first mobile cellular phone.
1976
Jimmy Carter is elected president as The United States celebrates its Bicentennial.
1977
The movie Star Wars is released to great critical & public acclaim, setting box office records.
1981
President Ronald Reagan nominated Judge Sandra Day O’Connor as the first woman on the Supreme Court.
1981 – Another Growth Spurt
Century Federal Savings and Loan Association merged with Mullica Hill Building and Loan Association...
1983 – Five Stars
Bauer Financial, Inc., an independent bank rating company, awarded Century Savings Bank their...
1984
The Olympic Games are held in Los Angeles CA... Read More
More Growth in 1989
Century Federal Savings and Loan Association purchased the assets of Cumberland Savings and Loan.
J. Alan Woodruff: Stability
J. Alan Woodruff, Century Savings Bank Board Chairman: “Century Savings Bank started in...
1990
The Simpson’s first episode aired on TV and Anti-Apartheid activist Nelson Mandela was freed after...
1990
Tim Berners-Lee submitted his proposal for the World Wide Web which ushers in our current digital...
1997
J. K. Rowling publishes the first Harry Potter book.
1998 – Becoming Century Savings Bank
In 1998, the bank converted its charter to a mutual savings institution and became Century Savings...
Did You Know – What A Mutual Bank Is?
Mutual banks were created to be perpetual institutions serving the communities in which they are...
1998 – Google It
Google introduced their search engine to the Web.
September 11, 2001
The Nation mourns as over 3,000 are killed in a terrorist attack.
2004
Social networking Web site Facebook takes off.
2005
The first video was posted on YouTube. Currently, over 300 hundred hours of video are uploaded...
2007
Apple Computer released the “iPhone.”
2007 – June
Century Savings Bank opened the doors to its 6th location and corporate headquarters in June of...
2008
Illinois Senator Barack Obama wins the Presidential election to become the first African-American...
2010 – April
Century Savings Bank moved from the 75 N. Laurel St location to a brand new state of the art office...
Paul Cooper: Trust
Paul Cooper, Century Savings Bank Board Member: “When it comes to how you describe your bank...
2013 – More Than a Century of Community Service
Century Savings Bank was honored with the New Jersey Bankers Association Community Service Award...
Celebrating Our Sesquicentennial
"As we celebrate our 150th Anniversary, we look back at our founders’ dream of creating an...