Woronoco Savings Bank

Status:Inactive as of 2005-06-16
 Merger - Without Assistance
Corrections
Successor Bank:Berkshire Bank
Headquarters:Woronoco Savings Bank
31 Court Street
Westfield, MA 01085
Established:1871-05-05
FDIC Insurance:1985-11-20
FDIC Cert:#90301
Charter Class:Savings banks, state charter, supervised by the FDIC
# of Branches:10
Total Assets:$912,486,000
Total Deposits:$452,068,000

History

1871-05-05Institution established but was not FDIC insured. Original name: Woronoco Savings Bank
1985-11-20Became FDIC insured.
1993-06-16Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
1999-03-19Changed organization type to STOCK SAVINGS BANK
2005-06-16Merged into and subsequently operated as part of Berkshire Bank (23621) in PITTSFIELD, MA
2007-09-22Acquired The Factory Point National Bank of Manchester Center (6274) in MANCHESTER CENTER, VT
2011-04-01Acquired The Rome Savings Bank (15983) in ROME, NY
2011-07-21Acquired Legacy Banks (90265) in PITTSFIELD, MA
2012-04-20Acquired The Connecticut Bank and Trust Company (57690) in HARTFORD, CT
2012-04-30Reorganized.
2012-10-19Acquired Beacon Federal (35329) in EAST SYRACUSE, NY
2014-07-01Acquired Berkshire Bank Municipal Bank (58097) in ALBANY, NY
2014-07-11Changed organization type to TRUST COMPANY
2014-07-11Changed institution class to INSURED COMMERCIAL BANKS, STATE, NOT MEMBERS OF THE FRS
2015-04-18Acquired Hampden Bank (90283) in SPRINGFIELD, MA
2016-12-02Reorganized.
2016-12-03Acquired First Choice Bank (58471) in LAWRENCEVILLE, NJ
2017-10-13Acquired Commerce Bank & Trust Company (17484) in WORCESTER, MA
2019-05-17Acquired Savings Institute Bank and Trust Company (18214) in WILLIMANTIC, CT

Financial Information (2005-03-31 and Older)