Wellesley Bank
Status: | Inactive as of 06/01/2020 |
Merger - Without Assistance | |
Successor Bank: | Cambridge Trust Company |
Headquarters: | Wellesley Bank 40 Central Street Wellesley, MA 02482 |
Established: | 01/01/1911 |
FDIC Insurance: | 08/09/1989 |
FDIC Cert: | #26605 |
Charter Class: | |
Total Assets: | $948,256,000 |
Total Deposits: | $735,886,000 |
History
1911-01-01 | Institution established but was not FDIC insured. Original name: Wellesley Co-operative Bank | |
1986-03-27 | Became FDIC insured. | |
2005-05-16 | Changed name to Wellesley Bank | |
2012-01-25 | Changed organization type to COOPERATIVE BANK STOCK | |
2020-06-01 | Merged into and subsequently operated as part of Cambridge Trust Company (8152) in Cambridge, MA | |
2022-10-01 | Acquired Northmark BankCambridge Trust Company (27119) in NORTH ANDOVER, MA. |