PierBank

Status:Inactive as of 08/25/1999
 Merger - Without Assistance
Successor Bank:The Washington Trust Company, of Westerly
Headquarters:PierBank
885 Boston Neck Road
Narragansett, RI 02882
Established:04/24/1989
FDIC Insurance:12/17/1991
FDIC Cert:#27608
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$60,124,000
Total Deposits:$53,150,000

History

1989-04-24Institution established but was not FDIC insured. Original name: Pier Bank
1991-12-17Became FDIC insured.
1991-12-17Changed name to PierBank
1999-08-25Merged into and subsequently operated as part of The Washington Trust Company of Westerly (23623) in WESTERLY, RI
2002-04-16Acquired First Bank and Trust Company (20615) in PROVIDENCE, RI
2005-08-31Reorganized.
2014-09-18Changed name to The Washington Trust Company, of Westerly (23623)

Financial Information (1998-12-31 and Older)