The Bank of Massachusetts, Inc. d/b/a/ Century Bank/Suffolk

Status:Inactive as of 11/16/1992
 Consolidated - Without Assistance
Successor Bank:Century Bank and Trust Company
Headquarters:The Bank of Massachusetts, Inc. d/b/a/ Century Bank/Suffolk
460 Broadway
Chelsea, MA 02150
Established:11/12/1976
FDIC Insurance:06/13/1977
FDIC Cert:#22477
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$78,211,000
Total Deposits:$73,158,000

History

1916-07-01Institution established but was not FDIC insured. Original name: Morris Plan Bank and Banking Company of Chelsea (90178)
1976-12-22FDIC certificate number changed from (90178) to (90668)
1977-06-13FDIC certificate number changed from (90668) to
1977-06-13Became FDIC insured.
1977-12-28Changed name to Old Stone Banking Company of Suffolk County
1981-07-24Changed name to The Bank of Massachusetts
1986-01-01Changed name to The Bank of Massachusetts, Inc. d/b/a Century Bank/Suffolk
1992-11-16Merged into and subsequently operated as part of Century Bank and Trust Company (19943) in SOMERVILLE, MA
1992-11-16Acquired Century North Shore Bank and Trust Company (16692) in LYNN, MA
1998-06-12Acquired Haymarket Co-operative Bank (26863) in BOSTON, MA
2006-08-21Moved bank headquarters from CHELSEA, MA to MEDFORD, MA
2006-08-25Moved bank headquarters from MEDFORD, MA to SOMERVILLE, MA
2021-11-12Merged into and subsequently operated as part of Eastern Bank (32773)