Sharon Co-operative Bank

Status:Inactive as of 05/12/2007
 Merger - Without Assistance
Successor Bank:Eastern Bank
Headquarters:Sharon Co-operative Bank
7 South Main Street
Sharon, MA 02067
Established:01/01/1912
FDIC Insurance:08/09/1989
FDIC Cert:#26446
Charter Class:
Total Assets:$67,472,000
Total Deposits:$60,173,000

History

1912-01-01Institution established but was not FDIC insured. Original name: Sharon Co-operative Bank
1985-12-05Became FDIC insured.
2007-05-12Merged into and subsequently operated as part of Eastern Bank (32773) in BOSTON, MA
2008-10-10Acquired MassBank (22089) in READING, MA
2011-03-18Acquired Wainwright Bank & Trust Company (27009) in BOSTON, MA
2012-12-01Acquired The Community Bank, A Massachusetts Cooperative Bank (26396) in BROCKTON, MA
2014-10-25Acquired Centrix Bank & Trust (35035) in BEDFORD, NH
2021-11-12Acquired Century Bank and Trust CompanyEastern Bank (19943) in Somerville, MA.

Financial Information (2007-03-31 and Older)