Massachusetts
Suffolk
Boston
(SB) Savings banks, state charter
inactive
23465
1914
FDIC Certificate Number: 23465
FDIC's unique number: 16445
The FDIC Field Office where an institution is physically located: South Boston
Federal Reserve ID Number: 1014509
Report Date: 1996-12-31
Bank Charter Class: SB
The date of the last data update: 2000-03-07
1914-04-28 Institution established but was not FDIC insured. Original name: Grove Hall Savings Bank.
1981-07-02 Became FDIC insured.
1981-07-02 FDIC certificate number changed to .
1986-08-07 Changed organization type to Stock Savings Bank.
1987-05-15 Changed name to Grove Bank For Savings .
1991-05-21 Changed name to Grove Bank .
1991-06-21 Acquired Beacon Co-operative Bank in Boston, Massachusetts.
1997-01-02 Acquired Greater Boston Bank A Co-operative Bank in Boston, Massachusetts.
1997-03-05 Merged into and subsequently operated as part of Citizens Bank of Massachusetts in Boston, Massachusetts.
1998-08-13 Acquired Woburn National Bank in Woburn, Massachusetts.
1999-09-30 Changed organization type to Commercial Bank.
2000-01-11 Acquired Ustrust in Boston, Massachusetts.
2002-10-15 Acquired Medford Savings Bank in Medford, Massachusetts.
2003-07-31 Acquired Cambridgeport Bank in Cambridge, Massachusetts.
2003-11-01 Acquired Community National Bank in Hudson, Massachusetts.
2007-09-01 Merged into and subsequently operated as part of RBS Citizens, National Association in Providence, Rhode Island.
Total assets: $598,593,000
Total deposits: $494,255,000
Last updated on: 2011-10-20
No affiliations
No associations
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Profile ID: LFUS-BAB-P-26075