Massachusetts – Essex – Saugus
(NM) Commercial bank, state charter and Fed nonmember
inactive
Massachusetts
Essex
Saugus
(NM) Commercial bank, state charter and Fed nonmember
inactive
9714
1928
FDIC Certificate Number: 9714
FDIC's unique number: 6213
The FDIC Field Office where an institution is physically located: North Boston
Federal Reserve ID Number: 498607
Report Date: 1994-09-30
Bank Charter Class: NM
The date of the last data update: 1995-01-17
1928-06-15 Institution established. Original name: Saugus Bank And Trust Company.
1994-11-11 Merged into and subsequently operated as part of Eastern Bank in Lynn, 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: $193,407,000
Total deposits: $179,035,000
Last updated on: 2011-10-20
No affiliations
No associations
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Profile ID: LFUS-BAB-P-14372