Primary Bank

Status:Inactive as of 11/01/1997
 Merger - Without Assistance
Successor Bank:Granite Bank
Headquarters:Primary Bank
35 Main Street
Peterborough, NH 03458
Established:01/01/1859
FDIC Insurance:08/09/1989
FDIC Cert:#18016
Charter Class:
Total Assets:$389,933,000
Total Deposits:$310,381,000

History

1859-01-01Institution established: Original name:Peterborough Savings Bank
1990-09-25Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
1991-08-30Acquired Hillsborough Bank & Trust Company (26792) in MILFORD, NH
1995-04-16Changed name to Primary Bank
1995-04-16Acquired Horizon Bank and Trust (27441) in CONCORD, NH
1997-11-01Merged into and subsequently operated as part of Granite Bank (17992) in KEENE, NH
2004-05-28Merged into and subsequently operated as part of Ocean National Bank (4264) in KENNEBUNK, ME
2004-10-12Moved bank headquarters from KENNEBUNK, ME to PORTSMOUTH, NH
2007-06-29Changed institution class to INSURED COMMERCIAL BANKS, STATE, NOT MEMBERS OF THE FRS
2007-06-29Changed name to Ocean Bank (4264)
2007-11-01Acquired Community Bank and Trust Company (33011) in WOLFEBORO, NH
2008-01-01Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to OFFICE OF THRIFT SUPERVISION
2008-01-01Changed institution class to OCC SUPERVISED SAVINGS BANKS
2008-01-01Changed organization type to STOCK SAVINGS BANK
2009-01-01Acquired The Bank of Western Massachusetts (26942) in SPRINGFIELD, MA
2009-01-01Acquired Flagship Bank and Trust Company (27134) in WORCESTER, MA
2009-01-01Acquired Ocean Bank (4264) in PORTSMOUTH, NH
2009-01-01Acquired Chittenden Trust Company (14149) in BURLINGTON, VT
2009-01-01Merged into and subsequently operated as part of People's United Bank (27334) in BRIDGEPORT, CT
2009-01-01Acquired Merrill Merchants Bank (33704) in BANGOR, ME
2009-01-01Acquired Maine Bank & Trust Company (33525) in PORTLAND, ME
2010-04-16Acquired Butler Bank (26619) in LOWELL, MA as part of a government assisted transaction.
2010-11-30Acquired RiverBank (23288) in NORTH ANDOVER, MA
2010-11-30Acquired Bank of Smithtown (664) in SMITHTOWN, NY
2011-07-01Acquired Danversbank (90185) in DANVERS, MA
2011-07-21Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to COMPTROLLER OF THE CURRENCY
2015-02-23Changed organization type to COMMERCIAL BANK
2015-02-23Changed institution class to INSURED COMMERCIAL BANK, NATIONAL, MEMBER FRS
2015-02-23Changed name to People's United Bank, National Association (27334)
2017-04-01Acquired The Suffolk County National Bank of Riverhead (7278) in RIVERHEAD, NY
2018-10-01Acquired Farmington Bank (18208) in FARMINGTON, CT
2019-04-01Acquired Belmont Savings Bank (23901) in BELMONT, MA
2019-11-01Acquired United Bank (18203) in HARTFORD, CT

Financial Information (1996-12-31 and Older)