Eastern Bank and Trust Company

Status:Inactive as of 11/22/2002
 Merger - Without Assistance
Successor Bank:Eastern Bank
Headquarters:Eastern Bank and Trust Company
217 Essex Street
Salem, MA 01970
Established:01/01/1803
FDIC Insurance:01/01/1934
FDIC Cert:#28
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$12,474,000
Total Deposits:$500,000

History

1803-01-01Institution established: Original name:Naumkeag Trust Company
1979-09-04Acquired The Merchants National Bank of Newburyport (2624) in NEWBURYPORT, MA
1988-01-01Changed name to Eastern Bank and Trust Company
2002-11-22Merged into and subsequently operated as part of Eastern Bank (32773) in LYNN, MA
2003-03-31Moved bank headquarters from LYNN, MA to BOSTON, MA
2004-08-01Changed organization type to TRUST COMPANY
2004-08-01Changed institution class to INSURED COMMERCIAL BANKS, STATE, NOT MEMBERS OF THE FRS
2005-05-28Acquired Plymouth Savings Bank (23463) in WAREHAM, MA
2007-05-12Acquired Sharon Co-operative Bank (26446) in SHARON, MA
2008-10-10Acquired MassBank (22089) in READING, MA
2011-03-18Acquired Wainwright Bank & Trust Company (27009) in BOSTON, MA
2012-12-01Acquired The Community Bank, A Massachusetts Cooperative Bank (26396) in BROCKTON, MA
2014-10-25Acquired Centrix Bank & Trust (35035) in BEDFORD, NH
2021-11-12Acquired Century Bank and Trust CompanyEastern Bank (19943) in Somerville, MA.

Financial Information (2001-12-31 and Older)