Massachusetts
Essex
Lynn
(SB) Savings banks, state charter
inactive
23142
1855
FDIC Certificate Number: 23142
FDIC's unique number: 16213
The FDIC Field Office where an institution is physically located: North Boston
Federal Reserve ID Number: 933902
Report Date: 1993-09-30
Bank Charter Class: SB
The date of the last data update: 1993-11-22
1855-05-15 Institution established but was not FDIC insured. Original name: Lynn Five Cents Savings Bank.
1980-07-02 Became FDIC insured.
1980-07-02 FDIC certificate number changed to .
1984-08-01 Acquired The Colonial National Bank in Danvers, Massachusetts.
1984-10-20 Acquired Lincoln Co-operative Bank in Lynn, Massachusetts.
1988-03-01 Changed name to First Colonial Bank For Savings .
1993-10-12 Merged into and subsequently operated as part of Eastern Bank 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: $414,427,000
Total deposits: $376,770,000
Last updated on: 2011-10-20
No affiliations
No associations
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Profile ID: LFUS-BAB-P-18342