Massachusetts – Essex – Lynn
(NM) Commercial bank, state charter and Fed nonmember
inactive
Massachusetts
Essex
Lynn
(NM) Commercial bank, state charter and Fed nonmember
inactive
27002
1987
FDIC Certificate Number: 27002
FDIC's unique number: 36434
The FDIC Field Office where an institution is physically located: North Boston
Federal Reserve ID Number: 753605
Report Date: 1991-12-31
Bank Charter Class: NM
The date of the last data update: 1992-08-20
1987-07-16 Institution established. Original name: Shore Bank And Trust Company.
1992-04-24 Merged with government financial assistance and subsequently operated as part of Eastern Bank in Boston, 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: $183,184,000
Total deposits: $184,170,000
Last updated on: 2011-10-20
No affiliations
No associations
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Profile ID: LFUS-BAB-P-489