Merrimac Savings Bank
| Status: | Inactive as of 11/01/2015 |
| Absorption - Without Assistance | |
| Successor Bank: | North Shore Bank, a Co-operative Bank |
| Headquarters: | Merrimac Savings Bank 1 West Main Street Merrimac, MA 01860 |
| Established: | 04/19/1871 |
| FDIC Insurance: | 11/19/1985 |
| FDIC Cert: | #90240 |
| Charter Class: | |
| Total Assets: | $75,190,000 |
| Total Deposits: | $70,028,000 |
History
| 1871-04-19 | Institution established but was not FDIC insured. Original name: Merrimac Savings Bank | |
| 1985-11-19 | Became FDIC insured. | |
| 2015-11-01 | Merged into and subsequently operated as part of North Shore Bank, a Co-operative Bank (26484) in PEABODY, MA | |
| 2019-10-01 | Acquired Beverly Bank (26601) in BEVERLY, MA | |
| 2024-06-20 | Changed Bank Class to SM. | |
| 2024-06-20 | Changed Primary Federal Regulatory Agency from FDIC to FED. | |
| 2024-06-20 | Institution becomes member of the Federal Reserve System. |