Massachusetts
Middlesex
Lowell
(SB) Savings banks, state charter
inactive
26619
1901
FDIC Certificate Number: 26619
FDIC's unique number: 35343
The FDIC Field Office where an institution is physically located: North Boston
Federal Reserve ID Number: 156877
Report Date: 2010-03-31
Bank Charter Class: SB
The date of the last data update: 2010-04-19
1901-01-01 Institution established but was not FDIC insured. Original name: Butler Bank--a Co-operative Bank.
1986-04-02 Became FDIC insured.
2005-12-23 Changed name to Butler Bank .
2008-11-10 Acquired Marlborough Co-operative Bank in Marlborough, Massachusetts.
2010-04-16 Merged with government financial assistance and subsequently operated as part of People's United Bank in Bridgeport, Connecticut.
2010-04-16 FDIC closing information for
Butler Bank : http://www.fdic.gov/bank/individual/failed/butlerbank.html.
2010-11-30 Acquired Riverbank in North Andover, Massachusetts.
2011-07-01 Acquired Danversbank in Danvers, Massachusetts.
Total assets: $245,534,000
Total deposits: $227,420,000
Last updated on: 2011-10-20
No affiliations
No associations
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Profile ID: LFUS-BAB-P-3780