| Entity Name: | BAY SAVINGS BANK |
| Jurisdiction: | FLORIDA |
| Filing Type: |
Domestic Profit
BAY SAVINGS BANK is structured as a Domestic Profit Corporation, which, in Florida signifies a Profit Corporation (also known as a C-Corporation). This business structure is recognized as a separate legal entity from its owners. This offers shareholders the benefit of limited liability protection, safeguarding their personal assets from the corporation's debts and obligations, and facilitates raising capital through the issuance of stock. In Florida, Domestic Profit Corporations are governed by Title XXXVI, Chapter 607, Florida Statutes – Florida Business Corporation Act. |
| Status: |
Inactive
The business entity is inactive. This status may signal operational issues or voluntary closure, raising concerns about the business's ability to repay loans and requiring careful risk assessment by lenders. |
| Date Filed: | 07 Oct 1985 (39 years ago) |
| Date of dissolution: | 20 Sep 1991 (33 years ago) |
| Last Event: | CONVERSION |
| Event Date Filed: | 20 Sep 1991 (33 years ago) |
| Document Number: | H79587 |
| FEI/EIN Number |
592577189
Federal Employer Identification (FEI) Number assigned by the IRS. |
| Address: | 4698 FOREST HILL BLVD (33415), WEST PALM BEACH, FL, 33406 |
| Mail Address: | 4698 FOREST HILL BLVD (33415), WEST PALM BEACH, FL, 33406 |
| ZIP code: | 33406 |
| County: | Palm Beach |
| Place of Formation: | FLORIDA |
| Name | Role | Address |
|---|---|---|
| MCALLISTER, DOUGLAS E. | President | 4698 FOREST HILL BLVD, WEST PALM BEACH, FL |
| CHRISTO, JOHN JR. | Director | 509 HARRISON AVE, PANAMA CITY, FL |
| MCALLISTER, DOUGLAS E. | Director | 4698 FOREST HILL BLVD, WEST PALM BEACH, FL |
| HILTON, CHARLES L. JR. | Director | 4116 N. HWY. 231, PANAMA CITY, FL |
| NELSON, MICHAEL H. | Vice President | 4698 FOREST HILL BLVD, WEST PALM BEACH, FL |
| NELSON, MICHAEL H. | Director | 4698 FOREST HILL BLVD, WEST PALM BEACH, FL |
| Event Type | Filed Date | Value | Description |
|---|---|---|---|
| CONVERSION | 1991-09-20 | - | CONVERTING TO: A NON-QUALIFIED CORPORATION |
| CHANGE OF PRINCIPAL ADDRESS | 1989-04-12 | 4698 FOREST HILL BLVD (33415), WEST PALM BEACH, FL 33406 | - |
| CHANGE OF MAILING ADDRESS | 1989-04-12 | 4698 FOREST HILL BLVD (33415), WEST PALM BEACH, FL 33406 | - |
| AMENDMENT | 1989-03-24 | - | - |
Date of last update: 02 Mar 2025
Sources: Florida Department of State
