MassBank
Status: | Inactive as of 10/10/2008 |
Merger - Without Assistance | |
Successor Bank: | Eastern Bank |
Headquarters: | MassBank 123 Haven Street Reading, MA 01867 |
Established: | 04/05/1872 |
FDIC Insurance: | 08/01/1975 |
FDIC Cert: | #22089 |
Charter Class: | |
Total Assets: | $821,226,000 |
Total Deposits: | $643,846,000 |
History
1872-01-01 | Institution established but was not FDIC insured. Original name: Melrose Savings Bank (90239) | |
1975-08-01 | Became FDIC insured. | |
1975-08-01 | FDIC certificate number changed from (90239) to | |
1983-02-01 | Moved bank headquarters from MELROSE, MA to READING, MA | |
1983-02-01 | Changed name to MassBank for Savings | |
1983-02-01 | Acquired Reading Savings Bank (23295) in READING, MA | |
1986-05-28 | Changed organization type to STOCK SAVINGS BANK | |
1992-02-14 | Acquired The Central Savings Bank (90226) in LOWELL, MA | |
1992-02-14 | Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED | |
1996-04-22 | Changed name to MassBank | |
1997-07-21 | Acquired Glendale Co-operative Bank (26571) in EVERETT, MA | |
2008-10-10 | Merged into and subsequently operated as part of Eastern Bank (32773) in BOSTON, MA | |
2011-03-18 | Acquired Wainwright Bank & Trust Company (27009) in BOSTON, MA | |
2012-12-01 | Acquired The Community Bank, A Massachusetts Cooperative Bank (26396) in BROCKTON, MA | |
2014-10-25 | Acquired Centrix Bank & Trust (35035) in BEDFORD, NH | |
2021-11-12 | Acquired Century Bank and Trust CompanyEastern Bank (19943) in Somerville, MA. |