Butler Bank
Status: | Inactive as of 04/16/2010 |
Absorption - Assisted | |
Successor Bank: | People's United Bank |
Headquarters: | Butler Bank 10 George Street Lowell, MA 01852 |
Established: | 01/01/1901 |
FDIC Insurance: | 08/09/1989 |
FDIC Cert: | #26619 |
Charter Class: | |
Total Assets: | $245,534,000 |
Total Deposits: | $227,420,000 |
History
1901-01-01 | Institution established but was not FDIC insured. Original name: Butler Bank--A Co-operative Bank | |
1986-04-02 | Became FDIC insured. | |
2005-12-23 | Changed name to Butler Bank | |
2008-11-10 | Acquired Marlborough Co-operative Bank (26510) in MARLBOROUGH, MA | |
2010-04-16 | Failed. Acquired with government financial assistance and subsequently operated as part of People's United Bank (27334) | |
2010-11-30 | Acquired Bank of Smithtown (664) in SMITHTOWN, NY | |
2010-11-30 | Acquired RiverBank (23288) in NORTH ANDOVER, MA | |
2011-07-01 | Acquired Danversbank (90185) in DANVERS, MA | |
2011-07-21 | Changed primary regulatory agency from STATE to COMPTROLLER OF THE CURRENCY | |
2015-02-23 | Changed name to People's United Bank, National Association (27334) | |
2015-02-23 | Changed institution class to INSURED COMMERCIAL BANK, NATIONAL, MEMBER FRS | |
2015-02-23 | Changed organization type to COMMERCIAL BANK | |
2017-04-01 | Acquired The Suffolk County National Bank of Riverhead (7278) in RIVERHEAD, NY | |
2018-10-01 | Acquired Farmington Bank (18208) in FARMINGTON, CT | |
2019-04-01 | Acquired Belmont Savings Bank (23901) in BELMONT, MA | |
2019-11-01 | Acquired United Bank (18203) in HARTFORD, CT |