New England Federal Savings Bank

Status:Inactive as of 07/17/1992
 Absorption - Assisted
Institution Enters Conservatorship
Successor Bank:New England Federal Savings Association
Headquarters:New England Federal Savings Bank
55 William Street
Wellesley Hills, MA 02481
Established:01/13/1986
FDIC Insurance:08/09/1989
FDIC Cert:#32444
Charter Class:Savings banks, state charter, supervised by the FDIC
Total Assets:$137,307,000
Total Deposits:$118,091,000

History

1986-01-13Institution established: Original name:New England Federal Savings Bank
1992-07-17Placed into government conservatorship.
1992-07-17Failed, went into receivership, and then became part of New England Federal Savings Association (33637)
1992-07-17Institution established: Original name:New England Federal Savings Association (33637)
1994-03-04Government conservatorship or bridge bank resolved.
1994-03-04Acquired after government financial assistance and subsequently operated as part of CambridgePort Savings Bank (90172)
1994-08-23Changed name to CambridgePort Bank (90172)
1994-08-23Changed organization type to STOCK SAVINGS BANK
1994-08-23Reorganized.
2003-07-31Merged into and subsequently operated as part of Citizens Bank of Massachusetts (18562) in BOSTON, MA
2003-11-01Acquired Community National Bank (2593) in HUDSON, MA
2007-09-01Changed name to RBS Citizens, National Association (57957)
2007-09-01Acquired RBS National Bank (57858) in BRIDGEPORT, CT
2007-09-01Acquired Citizens Bank of Connecticut (18197) in NEW LONDON, CT
2007-09-01Acquired Citizens Bank New Hampshire (6214) in MANCHESTER, NH
2007-09-01Acquired Citizens Bank (57281) in WILMINGTON, DE
2007-09-01Acquired Charter One Bank, National Association (28932) in CLEVELAND, OH
2007-09-01Acquired Citizens Bank of Rhode Island (16954) in PROVIDENCE, RI
2007-09-01Merged into and subsequently operated as part of RBS Citizens, National Association (57957) in PROVIDENCE, RI
2012-07-06Reorganized.
2014-04-16Changed name to Citizens Bank, National Association (57957)
2019-01-02Acquired Citizens Bank of Pennsylvania (57282) in PHILADELPHIA, PA