New England Savings Bank

Status:Inactive as of 05/21/1993
 Absorption - Assisted
Successor Bank:Citizens Bank of Rhode Island
Headquarters:New England Savings Bank
63 Eugene O'Neill Drive
New London, CT 06320
Established:05/01/1827
FDIC Insurance:08/09/1989
FDIC Cert:#18257
Charter Class:
Total Assets:$914,884,000
Total Deposits:$720,512,000

History

1827-05-01Institution established: Original name:The Savings Bank of New London
1982-01-01Acquired Deep River Savings Bank (18191) in DEEP RIVER, CT
1982-01-01Changed name to New England Savings Bank
1986-08-08Changed organization type to STOCK SAVINGS BANK
1990-02-20Acquired OmniBank of Connecticut, Inc. (27039) in MADISON, CT
1993-05-21Failed. Acquired with government financial assistance and subsequently operated as part of Citizens Savings Bank (16954)
1994-05-20Acquired Coastal Federal Savings Bank (33613) in NEW LONDON, CT as part of a government assisted transaction.
1994-07-08Acquired Old Stone Federal Savings Bank (33781) in PROVIDENCE, RI as part of a government assisted transaction.
1996-01-21Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
1997-03-01Changed name to Citizens Bank of Rhode Island (16954)
1997-03-01Changed organization type to COMMERCIAL BANK
1997-03-01Acquired Citizens Trust Company (16955) in PROVIDENCE, RI
2007-09-01Acquired RBS National Bank (57858) in BRIDGEPORT, CT
2007-09-01Changed name to RBS Citizens, National Association (57957)
2007-09-01Acquired Citizens Bank of Connecticut (18197) in NEW LONDON, CT
2007-09-01Acquired Charter One Bank, National Association (28932) in CLEVELAND, OH
2007-09-01Acquired Citizens Bank (57281) in WILMINGTON, DE
2007-09-01Acquired Citizens Bank New Hampshire (6214) in MANCHESTER, NH
2007-09-01Acquired Citizens Bank of Rhode Island (16954) in PROVIDENCE, RI
2007-09-01Acquired Citizens Bank of Massachusetts (18562) in BOSTON, MA
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

Financial Information (1992-12-31 and Older)