South Shore Bank, History

The following are major historical events for South Shore Bank, including mergers and acquisitions.

1833-02-01Institution established but was not FDIC insured. Original name: WEYMOUTH SAVINGS BANK
1985-11-19Became FDIC insured.
1985-11-19Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
1997-10-01Changed name to South Shore Savings Bank
1997-10-01Acquired South Weymouth Savings Bank (90280) in SOUTH WEYMOUTH, MA
1997-12-30Change trust powers from FULL TRUST POWERS GRANTED to TRUST POWERS TERMINATED
2004-02-19Changed organization type to STOCK SAVINGS BANK
2004-02-19Acquired Horizon Bank and Trust Company (34674) in BRAINTREE, MA
2004-02-19Reorganized.
2004-07-16Moved bank headquarters from WEYMOUTH, MA to SOUTH WEYMOUTH, MA
2011-07-27Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS
2011-07-27Changed primary regulatory agency from STATE to FEDERAL RESERVE BOARD
2013-01-01Changed name to South Shore Bank
2017-11-01Acquired The Braintree Co-operative Bank (26570) in BRAINTREE, MA