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