Stoneham Savings Bank

Status:Inactive as of 11/24/2013
 Absorption - Without Assistance
Successor Bank:Salem Five Cents Savings Bank
Headquarters:Stoneham Savings Bank
359 Main Street
Stoneham, MA 02180
Established:03/28/1855
FDIC Insurance:11/08/1985
FDIC Cert:#90286
Charter Class:
Total Assets:$328,381,000
Total Deposits:$254,629,000

History

1855-03-28Institution established but was not FDIC insured. Original name: Stoneham Savings Bank
1985-11-08Became FDIC insured.
2012-02-01Changed organization type to STOCK SAVINGS BANK
2013-11-24Merged into and subsequently operated as part of Salem Five Cents Savings Bank (23296) in SALEM, MA
2017-05-23Acquired Georgetown Bank (90202) in GEORGETOWN, MA
2018-08-17Acquired Sage Bank (26467) in LOWELL, MA
2018-10-05Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED

Financial Information (2013-09-30 and Older)