Massachusetts
Suffolk
Boston
(SB) Savings banks, state charter
inactive
22052
1954
FDIC Certificate Number: 22052
FDIC's unique number: 15304
The FDIC Field Office where an institution is physically located: South Boston
Federal Reserve ID Number: 15602
Report Date: 1994-03-31
Bank Charter Class: SB
The date of the last data update: 1994-05-02
1954-04-07 Institution established but was not FDIC insured. Original name: Charlestown Savings Bank.
1975-07-01 Became FDIC insured.
1975-07-01 FDIC certificate number changed to .
1982-06-19 Changed name to Neworld Bank For Savings .
1983-01-01 Acquired Bass River Savings Bank in South Yarmouth, Massachusetts.
1984-02-14 Changed organization type to Stock Savings Bank.
1989-12-18 Changed name to Neworld Bank .
1994-04-18 Merged into and subsequently operated as part of Citizens Bank of Massachusetts in Boston, Massachusetts.
1995-01-06 Acquired Quincy Savings Bank in Quincy, Massachusetts.
1997-03-05 Acquired Grove Bank 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: $1,072,776,000
Total deposits: $972,577,000
Last updated on: 2011-10-20
No affiliations
No associations
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Profile ID: LFUS-BAB-P-20260