South Weymouth Savings Bank

Status:Inactive as of 10/01/1997
 Merger - Without Assistance
Successor Bank:South Shore Bank
Headquarters:South Weymouth Savings Bank
88 Pleasant Street
South Weymouth, MA 02190
FDIC Insurance:08/09/1989
FDIC Cert:#90280
Charter Class:
Total Assets:$286,435,000
Total Deposits:$253,171,000


1868-03-06Institution established but was not FDIC insured. Original name: South Weymouth Savings Bank
1985-12-23Became FDIC insured.
1985-12-23Changed primary regulatory agency from STATE to FEDERAL DEPOSIT INSURANCE CORPORATION
1997-10-01Merged into and subsequently operated as part of South Shore Savings Bank (90303) in WEYMOUTH, MA
1997-10-01Changed name to South Shore Savings Bank (90303)
1997-12-30Change trust powers from TRUST POWERS NOT 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
2004-07-16Moved bank headquarters from WEYMOUTH, MA to SOUTH WEYMOUTH, MA
2011-07-27Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD
2011-07-27Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS
2013-01-01Changed name to South Shore Bank (90303)
2017-11-01Acquired The Braintree Co-operative Bank (26570) in BRAINTREE, MA

Financial Information (1996-12-31 and Older)