The Sandwich Co-operative Bank

Status:Inactive as of 12/04/1998
 Merger - Without Assistance
Successor Bank:Compass Bank for Savings
Headquarters:The Sandwich Co-operative Bank
100 Old Kings Highway
Sandwich, MA 02563
Established:01/01/1885
FDIC Insurance:08/09/1989
FDIC Cert:#26599
Charter Class:
Total Assets:$542,474,000
Total Deposits:$463,062,000

History

1885-01-01Institution established but was not FDIC insured. Original name: The Sandwich Co-operative Bank
1986-03-19Became FDIC insured.
1986-03-19Changed primary regulatory agency from STATE to FEDERAL DEPOSIT INSURANCE CORPORATION
1986-07-25Changed organization type to COOPERATIVE BANK STOCK
1998-12-04Merged into and subsequently operated as part of Compass Bank for Savings (23291) in NEW BEDFORD, MA
2001-03-02Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
2003-05-31Acquired Bay State Federal Savings Bank (29712) in BROOKLINE, MA
2004-04-29Acquired Abington Savings Bank (22051) in ABINGTON, MA
2004-07-23Merged into and subsequently operated as part of Sovereign Bank (29950) in WYOMISSING, PA
2004-07-23Acquired Nantucket Bank (22055) in NANTUCKET, MA
2005-02-11Acquired Waypoint Bank (30174) in HARRISBURG, PA
2006-09-09Acquired Independence Community Bank (16018) in BROOKLYN, NY
2011-06-20Moved bank headquarters from WYOMISSING, PA to WILMINGTON, DE
2011-07-21Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to COMPTROLLER OF THE CURRENCY
2012-01-26Changed institution class to INSURED COMMERCIAL BANK, NATIONAL, MEMBER FRS
2012-01-26Changed organization type to COMMERCIAL BANK
2012-01-26Changed name to Sovereign Bank, National Association (29950)
2013-10-17Changed name to Santander Bank, N.A. (29950)

Financial Information (1997-12-31 and Older)