Coastal Bank

Status:Inactive as of 08/31/2001
 Merger - Without Assistance
Successor Bank:Norway Savings Bank
Headquarters:Coastal Bank
1200 Congress Street
Portland, ME 04102
Established:04/01/1981
FDIC Insurance:04/01/1981
FDIC Cert:#23375
Charter Class:
Total Assets:$236,213,000
Total Deposits:$157,588,000

History

1981-04-01Institution established: Original name:Coastal Savings Bank
1981-04-01Acquired York County Savings Bank (17742) in BIDDEFORD, ME
1981-04-01Acquired Brunswick Savings Institution (16998) in BRUNSWICK, ME
1981-07-14Moved bank headquarters from BIDDEFORD, ME to PORTLAND, ME
1984-07-11Changed organization type to STOCK SAVINGS BANK
1986-10-28Reorganized.
1994-09-01Moved bank headquarters from PORTLAND, ME to WESTBROOK, ME
1998-01-22Changed name to Coastal Bank
2000-06-03Moved bank headquarters from WESTBROOK, ME to PORTLAND, ME
2001-08-31Merged into and subsequently operated as part of Norway Savings Bank (17658) in NORWAY, ME
2003-11-10Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED

Financial Information (2000-12-31 and Older)