Massachusetts
Essex
Lynn
(SB) Savings banks, state charter
inactive
24700
1818
FDIC Certificate Number: 24700
FDIC's unique number: 17143
The FDIC Field Office where an institution is physically located: North Boston
Federal Reserve ID Number: 128904
Report Date: 1989-09-30
Bank Charter Class: SB
The date of the last data update: 1998-04-11
1818-04-15 Institution established but was not FDIC insured. Original name: Salem Savings Bank.
1983-10-01 Became FDIC insured.
1983-10-01 FDIC certificate number changed to .
1989-10-19 Merged into and subsequently operated as part of Eastern Bank in Lynn, Massachusetts.
1992-04-24 Acquired Shore Bank And Trust Company in Lynn, Massachusetts.
1992-05-15 Acquired Malden Trust Company in Malden, Massachusetts.
1993-10-12 Acquired First Colonial Bank For Savings in Lynn, Massachusetts.
1994-11-11 Acquired Saugus Bank And Trust Company in Saugus, Massachusetts.
1998-02-28 Acquired The Hibernia Savings Bank in Quincy, Massachusetts.
2002-11-22 Acquired Eastern Bank And Trust Company in Salem, Massachusetts.
2003-03-31 Moved bank headquarters from Lynn, Massachusetts to Boston, Massachusetts.
2005-05-28 Acquired Plymouth Savings Bank in Wareham, Massachusetts.
2007-05-12 Acquired Sharon Co-operative Bank in Sharon, Massachusetts.
2008-10-10 Acquired Massbank in Reading, Massachusetts.
2011-03-18 Acquired Wainwright Bank & Trust Company in Boston, Massachusetts.
Total assets: $1,018,653,000
Total deposits: $874,681,000
Last updated on: 2011-10-20
No affiliations
No associations
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Profile ID: LFUS-BAB-P-6936