Compass Bank for Savings

Massachusetts – Bristol – New Bedford

(SB) Savings banks, state charter

inactive

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Details

(SB) Savings banks, state charter

inactive

23291

1855

FDIC Certificate Number: 23291
FDIC's unique number: 16324
The FDIC Field Office where an institution is physically located: South Boston

Federal Reserve ID Number: 244907
Report Date: 2004-06-30

Bank Charter Class: SB
The date of the last data update: 2004-10-05

1855-04-18 Institution established but was not FDIC insured. Original name: New Bedford Five Cents Savings Bank.
1981-01-02 Became FDIC insured.
1981-01-02 FDIC certificate number changed to .
1986-04-22 Acquired Fall River Savings Bank in Fall River, Massachusetts.
1988-06-14 Changed name to Compass Bank For Savings .
1994-03-11 Acquired Plymouth Federal Savings Association in Plymouth, Massachusetts as part of a government assisted transaction.
1994-10-02 Changed organization type to Stock Savings Bank.
1994-12-29 Acquired Martha's Vineyard National Bank in Vineyard Haven, Massachusetts.
1998-12-04 Acquired The Sandwich Co-operative Bank in Sandwich, Massachusetts.
2001-03-02 Changed trust powers from Trust Powers Not Granted to Full Trust Powers Granted.
2003-05-31 Acquired Bay State Federal Savings Bank in Brookline, Massachusetts.
2004-04-29 Acquired Abington Savings Bank in Abington, Massachusetts.
2004-07-23 Merged into and subsequently operated as part of Sovereign Bank in Wyomissing, Pennsylvania.
2005-02-11 Acquired Waypoint Bank in Harrisburg, Pennsylvania.
2006-09-09 Acquired Independence Community Bank in Brooklyn, New York.
2011-06-20 Moved bank headquarters from Wyomissing, Pennsylvania to Wilmington, Delaware.
2011-07-21 Changed primary regulatory agency from Office Of Thrift Supervision to Comptroller Of The Currency.

Total assets: $4,755,103,000
Total deposits: $3,326,712,000
Last updated on: 2011-10-20

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Profile ID: LFUS-BAB-P-16671

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