Nantucket Bank

Status:Inactive as of 07/23/2004
 Merger - Without Assistance
Successor Bank:Santander Bank, N.A.
Headquarters:Nantucket Bank
104 Pleasant Street
Nantucket, MA 02554
Established:04/01/1834
FDIC Insurance:08/09/1989
FDIC Cert:#22055
Charter Class:
Total Assets:$571,378,000
Total Deposits:$347,184,000

History

1834-01-01Institution established but was not FDIC insured. Original name: Nantucket Institution for Savings (90246)
1975-07-01FDIC certificate number changed from (90246) to
1975-07-01Became FDIC insured.
1976-06-15Changed name to Nantucket Savings Bank
1988-08-30Changed organization type to STOCK SAVINGS BANK
1989-09-20Changed name to Nantucket Bank
2004-07-23Merged into and subsequently operated as part of Sovereign Bank (29950) in WYOMISSING, PA
2004-07-23Acquired Compass Bank for Savings (23291) in NEW BEDFORD, MA
2004-07-23Acquired Nantucket Bank in NANTUCKET, MA
2005-02-11Acquired Waypoint Bank (30174) in HARRISBURG, PA
2006-09-09Acquired Independence Community Bank (16018) in BROOKLYN, NY
2011-06-20Moved bank headquarters from WYOMISSING, PA to WILMINGTON, DE
2011-07-21Changed primary regulatory agency from STATE to COMPTROLLER OF THE CURRENCY
2012-01-26Changed organization type to COMMERCIAL BANK
2012-01-26Changed name to Sovereign Bank, National Association (29950)
2012-01-26Changed institution class to INSURED COMMERCIAL BANK, NATIONAL, MEMBER FRS
2013-10-17Changed name to Santander Bank, N.A. (29950)

Financial Information (2004-06-30 and Older)