Newburyport Co-operative Bank

Status:Inactive as of 05/30/1992
 Merger - Without Assistance
Successor Bank:North Shore Bank, a Co-operative Bank
Headquarters:Newburyport Co-operative Bank
42-44 State Street
Newburyport, MA 01950
Established:01/01/1888
FDIC Insurance:03/05/1986
FDIC Cert:#26584
Charter Class:
Total Assets:$22,386,000
Total Deposits:$21,885,000

History

1888-01-01Institution established but was not FDIC insured. Original name: Newburyport Co-operative Bank
1986-03-05Became FDIC insured.
1992-05-30Merged into and subsequently operated as part of The George Peabody Co-operative Bank (26484) in PEABODY, MA
1996-10-01Changed name to North Shore Bank, a Co-operative Bank (26484)
1998-04-02Reorganized.
1998-04-02Changed organization type to COOPERATIVE BANK STOCK
2014-09-01Acquired Saugusbank, a Co-operative bank (26574) in SAUGUS, MA
2015-11-01Acquired Merrimac Savings Bank (90240) in MERRIMAC, MA
2019-10-01Acquired Beverly Bank (26601) in BEVERLY, MA
2024-06-20Changed Bank Class to SM.
2024-06-20Changed Primary Federal Regulatory Agency from FDIC to FED.
2024-06-20Institution becomes member of the Federal Reserve System.
2024-06-20Changed Bank Class to SM.
2024-06-20Changed Primary Federal Regulatory Agency from FDIC to FED.
2024-06-20Institution becomes member of the Federal Reserve System.
2024-06-20Changed Bank Class to SM.
2024-06-20Changed Primary Federal Regulatory Agency from FDIC to FED.
2024-06-20Institution becomes member of the Federal Reserve System.