Southbridge Savings Bank
| Status: | Inactive as of 06/12/2017 |
| Absorption - Without Assistance | |
| Successor Bank: | Cornerstone Bank |
| Headquarters: | Southbridge Savings Bank 253 Main Street # 257 Southbridge, MA 01550 |
| Established: | 04/20/1848 |
| FDIC Insurance: | 09/08/1981 |
| FDIC Cert: | #23524 |
| Charter Class: | Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) |
| Total Assets: | $558,613,000 |
| Total Deposits: | $424,251,000 |
History
| 1848-01-01 | Institution established but was not FDIC insured. Original name: Southbridge Savings Bank (90279) | |
| 1981-09-08 | FDIC certificate number changed from (90279) to | |
| 1981-09-08 | Became FDIC insured. | |
| 2008-10-07 | Changed organization type to STOCK SAVINGS BANK | |
| 2014-01-29 | Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS | |
| 2014-01-29 | Changed primary regulatory agency from STATE to FEDERAL RESERVE BOARD | |
| 2017-06-12 | Merged into and subsequently operated as part of Cornerstone Bank (90282) in SPENCER, MA | |
| 2017-06-12 | Changed name to Cornerstone Bank (90282) | |
| 2017-10-25 | Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS |