Melrose Bank

Status:Inactive as of 2020-06-01
 Merger - Without Assistance
Successor Bank:Cambridge Savings Bank
Headquarters:Melrose Bank
638 Main Street
Melrose, MA 02176
Established:1890-01-01
FDIC Insurance:1986-01-21
FDIC Cert:#26511
Charter Class:Savings banks, state charter, supervised by the FDIC
# of Branches:1
Total Assets:$338,834,000
Total Deposits:$274,975,000

History

1890-01-01Institution established but was not FDIC insured. Original name: Melrose Co-operative Bank
1986-01-21Became FDIC insured.
2018-06-07Changed name to Melrose Bank
2020-06-01Merged into and subsequently operated as part of Cambridge Savings Bank (17870) in Cambridge, MA

Financial Information (2020-03-31 and Older)