Neworld Bank

Status:Inactive as of 04/18/1994
 Merger - Without Assistance
Successor Bank:Citizens Bank of Massachusetts
Headquarters:Neworld Bank
55 Summer Street
Boston, MA 02110
Established:04/07/1954
FDIC Insurance:08/09/1989
FDIC Cert:#22052
Charter Class:
Total Assets:$1,072,776,000
Total Deposits:$972,577,000

History

1954-04-07Institution established but was not FDIC insured. Original name: Charlestown Savings Bank (90153)
1972-10-16Acquired Brighton Five Cents Savings Bank (90152) in BOSTON, MA
1975-07-01FDIC certificate number changed from (90153) to
1975-07-01Became FDIC insured.
1982-02-11Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
1982-06-19Changed name to Neworld Bank for Savings
1983-01-01Acquired Bass River Savings Bank (23344) in SOUTH YARMOUTH, MA
1984-02-14Changed organization type to STOCK SAVINGS BANK
1989-12-18Changed name to Neworld Bank
1994-04-18Merged into and subsequently operated as part of Citizens Bank of Massachusetts (18562) in BOSTON, MA
1995-01-06Acquired Quincy Savings Bank (23294) in QUINCY, MA
1997-03-05Acquired Grove Bank (23465) in BOSTON, MA
1998-08-13Acquired Woburn National Bank (2674) in WOBURN, MA
1999-09-30Changed organization type to COMMERCIAL BANK
2000-01-11Acquired USTrust (17971) in BOSTON, MA
2002-10-15Acquired Medford Savings Bank (23290) in MEDFORD, MA
2003-07-31Acquired CambridgePort Bank (90172) in CAMBRIDGE, 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 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
2007-09-01Merged into and subsequently operated as part of RBS Citizens, National Association (57957) in PROVIDENCE, RI
2007-09-01Acquired Citizens Bank of Rhode Island (16954) 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 (1993-12-31 and Older)