Shelton Savings Bank

Status:Inactive as of 11/01/1995
 Merger - Without Assistance
Successor Bank:Webster Bank
Headquarters:Shelton Savings Bank
375 Bridgeport Avenue
Shelton, CT 06484
Established:10/31/1986
FDIC Insurance:08/09/1989
FDIC Cert:#27162
Charter Class:
Total Assets:$298,114,000
Total Deposits:$274,986,000

History

1919-01-01Institution established: Original name:Shelton Savings and Loan Association Incorporated (27979)
1986-10-30Changed organization type to STOCK SAVINGS & LOAN
1986-10-31FDIC certificate number changed from (27979) to
1988-01-25Changed from the Savings Association Insurance Fund to the Bank Insurance Fund.
1988-01-25Changed institution class to FDIC SUPERVISED SAVINGS BANK
1988-01-25Changed name to Shelton Savings Bank
1988-01-25Changed organization type to STOCK SAVINGS BANK
1991-07-26Acquired Housatonic Bank & Trust Company (22325) in ANSONIA, CT
1993-01-04Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
1995-11-01Changed name to Webster Bank (18221)
1995-11-01Acquired First Federal Bank, a federal savings bank (29574) in WATERBURY, CT
1995-11-01Merged into and subsequently operated as part of Webster Bank (18221) in WATERBURY, CT
1995-11-01Acquired Shelton Savings Bank in SHELTON, CT
1997-01-31Acquired The Derby Savings Bank (18192) in DERBY, CT
1997-07-31Acquired Peoples Savings Bank & Trust (18211) in NEW BRITAIN, CT
1998-04-15Acquired Eagle Bank (28052) in BRISTOL, CT
1999-04-21Acquired Maritime Bank & Trust Company (33402) in ESSEX, CT
1999-05-19Acquired The Village Bank & Trust Company (21819) in RIDGEFIELD, CT
1999-12-01Acquired New England Bank and Trust Company (20536) in WINDSOR, CT
1999-12-01Acquired Olde Port Bank and Trust (26817) in PORTSMOUTH, NH
1999-12-01Acquired The Equity Bank (27036) in WETHERSFIELD, CT
1999-12-01Acquired Community Bank (26193) in BRISTOL, CT
2000-06-23Acquired Mechanics Savings Bank (17941) in HARTFORD, CT
2003-11-07Acquired The North American Bank & Trust Company (22586) in WATERBURY, CT
2004-04-21Changed institution class to INSURED COMMERCIAL BANK, NATIONAL, MEMBER FRS
2004-04-21Changed organization type to COMMERCIAL BANK
2004-04-21Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to COMPTROLLER OF THE CURRENCY
2004-04-21Acquired Webster Trust Company, National Association (33932) in WATERBURY, CT
2004-04-21Changed name to Webster Bank, National Association (18221)
2004-05-14Acquired First Federal Savings Bank of America (30294) in FALL RIVER, MA
2004-12-03Acquired First City Bank (32721) in NEW BRITAIN, CT
2005-02-28Acquired State Bank of Howards Grove (12356) in HOWARDS GROVE, WI
2006-10-06Acquired NewMil Bank (18259) in NEW MILFORD, CT

Financial Information (1994-12-31 and Older)