Great Barrington Savings Bank

Status:Inactive as of 1997-05-01
 Merger - Without Assistance
Successor Bank:Berkshire Bank
Headquarters:Great Barrington Savings Bank
244 Main Street
Great Barrington, MA 01230
Established:1869-02-23
FDIC Insurance:1985-07-01
FDIC Cert:#90204
Charter Class:Savings banks, state charter, supervised by the FDIC
# of Branches:5
Total Assets:$284,252,000
Total Deposits:$225,375,000

History

1869-02-23Institution established but was not FDIC insured. Original name: Great Barrington Savings Bank
1984-12-31Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
1985-07-01Became FDIC insured.
1997-05-01Merged into and subsequently operated as part of Berkshire Bank (23621) in PITTSFIELD, MA
1997-05-01Changed name to Berkshire Bank (23621)
2000-06-27Reorganized.
2005-06-16Acquired Woronoco Savings Bank (90301) in WESTFIELD, MA
2007-09-22Acquired The Factory Point National Bank of Manchester Center (6274) in MANCHESTER CENTER, VT
2011-04-01Acquired The Rome Savings Bank (15983) in ROME, NY
2011-07-21Acquired Legacy Banks (90265) in PITTSFIELD, MA
2012-04-20Acquired The Connecticut Bank and Trust Company (57690) in HARTFORD, CT
2012-04-30Reorganized.
2012-10-19Acquired Beacon Federal (35329) in EAST SYRACUSE, NY
2014-07-01Acquired Berkshire Bank Municipal Bank (58097) in ALBANY, NY
2014-07-11Changed institution class to INSURED COMMERCIAL BANKS, STATE, NOT MEMBERS OF THE FRS
2014-07-11Changed organization type to TRUST COMPANY
2015-04-18Acquired Hampden Bank (90283) in SPRINGFIELD, MA
2016-12-02Reorganized.
2016-12-03Acquired First Choice Bank (58471) in LAWRENCEVILLE, NJ
2017-10-13Acquired Commerce Bank & Trust Company (17484) in WORCESTER, MA
2019-05-17Acquired Savings Institute Bank and Trust Company (18214) in WILLIMANTIC, CT

Financial Information (1996-12-31 and Older)