Cambridge Trust Company

Status:Inactive as of 07/12/2024
 Merger - Without Assistance
Successor Bank:Eastern Bank
Headquarters:Cambridge Trust Company
1336 Massachusetts Ave
Cambridge, MA 02138
Established:01/01/1890
FDIC Insurance:01/01/1934
FDIC Cert:#8152
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$5,325,505,000
Total Deposits:$4,042,678,000

History

1890-01-01Institution established: Original name:Cambridge Trust Company
2019-04-18Acquired Optima Bank & Trust Company (58699) in PORTSMOUTH, NH
2020-06-01Acquired Wellesley Bank (26605) in WELLESLEY, MA
2024-07-12Merged into and subsequently operated as part of Eastern Bank (32773)

Financial Information (2024-06-30 and Older)