• Bank Name:Simplicity Bank
  • Bank Class:Savings & Loan Association
  • Member FDIC:Certificate #35448 - Inactive
  • Web Address:No website available
Headquarters:1359 N. Grand Avenue, Covina, California 91724
Acquired by HomeStreet Bank
Simplicity Bank was merged or acquired without government assistance.


Simplicity Bank was established in November 1953 and headquartered in Covina, California. Simplicity Bank was classified as a savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS). Simplicity Bank was merged or acquired without government assistance on March 1, 2015 and is no longer doing business under that name. To view branches, routing numbers, phone numbers and business hours; you can check HomeStreet Bank page.

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


02/29/2016 -Changed institution class to Insured Commercial Banks, State, Not Members Of The FRS

02/29/2016 -Changed organization type to Commercial Bank

02/01/2016 -Acquired Orange County Business Bank (57338) in Irvine, CA

03/01/2015 -Merged into and subsequently operated as part of HomeStreet Bank (32489) in Seattle, WA

11/13/2012 -Changed name to Simplicity Bank

07/21/2011 -Changed primary regulatory agency from National Credit Union Association to Comptroller of the Currency

07/01/2003 -Changed organization type to Stock Savings & Loan

05/28/2002 -Changed name to Kaiser Federal Bank

11/01/2001 -Moved bank headquarters from Pasadena, CA to Covina, CA

11/01/1999 -Became FDIC insured.

11/01/1999 -Changed name to Kaiser Federal

11/01/1999 -Changed organization type to Mutual Savings & Loan

11/11/1953 -Institution established but was not FDIC insured. Original name: Kaiser Permanente Federal Credit Union


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