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 |
Established: | 03/06/1868 |
FDIC Insurance: | 08/09/1989 |
FDIC Cert: | #90280 |
Charter Class: | |
Total Assets: | $286,435,000 |
Total Deposits: | $253,171,000 |
History
1868-03-06 | Institution established but was not FDIC insured. Original name: South Weymouth Savings Bank | |
1985-12-23 | Became FDIC insured. | |
1985-12-23 | Changed primary regulatory agency from STATE to FEDERAL DEPOSIT INSURANCE CORPORATION | |
1997-10-01 | Merged into and subsequently operated as part of South Shore Savings Bank (90303) in WEYMOUTH, MA | |
1997-10-01 | Changed name to South Shore Savings Bank (90303) | |
1997-12-30 | Change trust powers from TRUST POWERS NOT GRANTED to TRUST POWERS TERMINATED | |
2004-02-19 | Changed organization type to STOCK SAVINGS BANK | |
2004-02-19 | Acquired Horizon Bank and Trust Company (34674) in BRAINTREE, MA | |
2004-02-19 | Reorganized. | |
2004-07-16 | Moved bank headquarters from WEYMOUTH, MA to SOUTH WEYMOUTH, MA | |
2011-07-27 | Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD | |
2011-07-27 | Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS | |
2013-01-01 | Changed name to South Shore Bank (90303) | |
2017-11-01 | Acquired The Braintree Co-operative Bank (26570) in BRAINTREE, MA |