Olympic International Bank and Trust Company

Status:Inactive as of 06/26/1992
 Absorption - Assisted
Successor Bank:Haymarket Co-operative Bank
Headquarters:Olympic International Bank and Trust Company
303 Congress Street
Boston, MA 02210
Established:03/14/1985
FDIC Insurance:03/14/1985
FDIC Cert:#25918
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$140,339,000
Total Deposits:$142,322,000

History

1985-03-14Institution established: Original name:Olympic International Bank and Trust Company
1985-05-22Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
1992-06-26Failed. Acquired with government financial assistance and subsequently operated as part of Haymarket Co-operative Bank (26863)
1992-07-31Acquired Massachusetts Bank and Trust Company (18966) in BROCKTON, MA
1998-06-12Merged into and subsequently operated as part of Century Bank and Trust Company (19943) in SOMERVILLE, MA
2006-08-21Moved bank headquarters from SOMERVILLE, MA to MEDFORD, MA
2006-08-25Moved bank headquarters from MEDFORD, MA to SOMERVILLE, MA
2021-11-12Merged into and subsequently operated as part of Eastern Bank (32773)