Merrimac Savings Bank
Status: | Inactive as of 11/01/2015 |
Absorption - Without Assistance | |
Successor Bank: | North Shore Bank, a Co-operative Bank |
Headquarters: | Merrimac Savings Bank 1 West Main Street Merrimac, MA 01860 |
Established: | 04/19/1871 |
FDIC Insurance: | 08/09/1989 |
FDIC Cert: | #90240 |
Charter Class: | |
Total Assets: | $75,190,000 |
Total Deposits: | $70,028,000 |
History
1871-04-19 | Institution established but was not FDIC insured. Original name: Merrimac Savings Bank | |
1985-11-19 | Became FDIC insured. | |
2015-11-01 | Merged into and subsequently operated as part of North Shore Bank, a Co-operative Bank (26484) in PEABODY, MA | |
2019-10-01 | Acquired Beverly Bank (26601) in BEVERLY, MA |