Marlborough Co-operative Bank

Status:Inactive as of 11/10/2008
 Merger - Without Assistance
Successor Bank:Butler Bank
Headquarters:Marlborough Co-operative Bank
175 Main Street
Marlborough, MA 01752
Established:01/01/1890
FDIC Insurance:01/22/1986
FDIC Cert:#26510
Charter Class:
Total Assets:$86,265,000
Total Deposits:$66,334,000

History

1890-01-01Institution established but was not FDIC insured. Original name: Marlborough Co-operative Bank
1986-01-22Became FDIC insured.
1999-05-03Reorganized.
1999-05-03Changed organization type to COOPERATIVE BANK STOCK
2008-11-10Merged into and subsequently operated as part of Butler Bank (26619) in LOWELL, MA
2010-04-16Failed. Acquired with government financial assistance and subsequently operated as part of People's United Bank (27334)
2010-11-30Acquired RiverBank (23288) in NORTH ANDOVER, MA
2010-11-30Acquired Bank of Smithtown (664) in SMITHTOWN, NY
2011-07-01Acquired Danversbank (90185) in DANVERS, MA
2011-07-21Changed primary regulatory agency from STATE to COMPTROLLER OF THE CURRENCY
2015-02-23Changed organization type to COMMERCIAL BANK
2015-02-23Changed institution class to INSURED COMMERCIAL BANK, NATIONAL, MEMBER FRS
2015-02-23Changed name to People's United Bank, National Association (27334)
2017-04-01Acquired The Suffolk County National Bank of Riverhead (7278) in RIVERHEAD, NY
2018-10-01Acquired Farmington Bank (18208) in FARMINGTON, CT
2019-04-01Acquired Belmont Savings Bank (23901) in BELMONT, MA
2019-11-01Acquired United Bank (18203) in HARTFORD, CT

Financial Information (2008-09-30 and Older)