Massachusetts
Middlesex
Reading
(SB) Savings banks, state charter
inactive
22089
1872
FDIC Certificate Number: 22089
FDIC's unique number: 15339
The FDIC Field Office where an institution is physically located: North Boston
Federal Reserve ID Number: 685407
Report Date: 2008-09-30
Bank Charter Class: SB
The date of the last data update: 2008-10-21
1872-04-05 Institution established but was not FDIC insured. Original name: Melrose Savings Bank.
1975-08-01 Became FDIC insured.
1975-08-01 FDIC certificate number changed to .
1983-02-01 Acquired Reading Savings Bank in Reading, Massachusetts.
1983-02-01 Changed name to Massbank For Savings .
1983-02-01 Moved bank headquarters from Melrose, Massachusetts to Reading, Massachusetts.
1986-05-28 Changed organization type to Stock Savings Bank.
1992-02-14 Acquired The Central Savings Bank in Lowell, Massachusetts.
1992-02-14 Changed trust powers from Trust Powers Not Granted to Full Trust Powers Granted.
1996-04-22 Changed name to Massbank .
1997-07-21 Acquired Glendale Co-operative Bank in Everett, Massachusetts.
2008-10-10 Merged into and subsequently operated as part of Eastern Bank in Boston, Massachusetts.
2011-03-18 Acquired Wainwright Bank & Trust Company in Boston, Massachusetts.
Total assets: $821,226,000
Total deposits: $643,846,000
Last updated on: 2011-10-20
No affiliations
No associations
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Profile ID: LFUS-BAB-P-18194