Optima Bank & Trust Company

Status:Inactive as of 04/18/2019
 Absorption - Without Assistance
Successor Bank:Cambridge Trust Company
Headquarters:Optima Bank & Trust Company
143 Daniel Street
Portsmouth, NH 03801
Established:01/29/2008
FDIC Insurance:01/29/2008
FDIC Cert:#58699
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$534,464,000
Total Deposits:$471,824,000

History

2008-01-29Institution established: Original name:Optima Bank & Trust Company
2019-04-18Merged into and subsequently operated as part of Cambridge Trust Company (8152) in CAMBRIDGE, MA
2020-06-01Acquired Wellesley Bank (26605) in WELLESLEY, MA
2022-10-01Acquired Northmark BankCambridge Trust Company (27119) in NORTH ANDOVER, MA.

Financial Information (2019-03-31 and Older)