The Colonial National Bank
Status: | Inactive as of 08/01/1984 |
Merger - Without Assistance | |
Successor Bank: | First Colonial Bank for Savings |
Headquarters: | The Colonial National Bank 1 Federal Street Danvers, MA 01923 |
Established: | 08/24/1971 |
FDIC Insurance: | 08/24/1971 |
FDIC Cert: | #20470 |
Charter Class: | Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) |
Total Assets: | $31,592,000 |
Total Deposits: | $28,797,000 |
History
1971-08-24 | Institution established: Original name:The Colonial National Bank | |
1984-08-01 | Merged into and subsequently operated as part of Lynn Five Cents Savings Bank (23142) in LYNN, MA | |
1984-10-20 | Acquired Lincoln Co-operative Bank (30343) in LYNN, MA | |
1988-03-01 | Changed name to First Colonial Bank for Savings (23142) | |
1993-10-12 | Merged into and subsequently operated as part of Eastern Bank (32773) in LYNN, MA | |
1994-11-11 | Acquired Saugus Bank and Trust Company (9714) in SAUGUS, MA | |
1998-02-28 | Acquired The Hibernia Savings Bank (22054) in QUINCY, MA | |
2002-11-22 | Acquired Eastern Bank and Trust Company (28) in SALEM, MA | |
2003-03-31 | Moved bank headquarters from LYNN, MA to BOSTON, MA | |
2004-08-01 | Changed institution class to INSURED COMMERCIAL BANKS, STATE, NOT MEMBERS OF THE FRS | |
2004-08-01 | Changed organization type to TRUST COMPANY | |
2005-05-28 | Acquired Plymouth Savings Bank (23463) in WAREHAM, MA | |
2007-05-12 | Acquired Sharon Co-operative Bank (26446) in SHARON, MA | |
2008-10-10 | Acquired MassBank (22089) in READING, MA | |
2011-03-18 | Acquired Wainwright Bank & Trust Company (27009) in BOSTON, MA | |
2012-12-01 | Acquired The Community Bank, A Massachusetts Cooperative Bank (26396) in BROCKTON, MA | |
2014-10-25 | Acquired Centrix Bank & Trust (35035) in BEDFORD, NH | |
2021-11-12 | Acquired Century Bank and Trust CompanyEastern Bank (19943) in Somerville, MA. |