Sage Bank
Status: | Inactive as of 08/17/2018 |
Absorption - Without Assistance | |
Successor Bank: | Salem Five Cents Savings Bank |
Headquarters: | Sage Bank 18 Hurd Street Lowell, MA 01852 |
Established: | 01/01/1885 |
FDIC Insurance: | 08/09/1989 |
FDIC Cert: | #26467 |
Charter Class: | |
Total Assets: | $143,417,000 |
Total Deposits: | $83,928,000 |
History
1885-01-01 | Institution established but was not FDIC insured. Original name: Lowell Co-operative Bank | |
1985-12-19 | Became FDIC insured. | |
2009-01-28 | Changed organization type to COOPERATIVE BANK STOCK | |
2013-06-10 | Changed name to Sage Bank | |
2018-08-17 | Merged into and subsequently operated as part of Salem Five Cents Savings Bank (23296) in SALEM, MA | |
2018-10-05 | Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED |