Commercial Bank and Trust Company

Status:Inactive as of 05/06/1994
 Absorption - Assisted
Successor Bank:Medford Savings Bank
Headquarters:Commercial Bank and Trust Company
88 Prescott Street
Lowell, MA 01852
Established:01/03/1961
FDIC Insurance:01/03/1961
FDIC Cert:#18332
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$30,274,000
Total Deposits:$29,762,000

History

1961-01-03Institution established: Original name:Commercial Bank and Trust Company
1981-10-19Moved bank headquarters from WILMINGTON, MA to LOWELL, MA
1994-05-06Failed. Acquired with government financial assistance and subsequently operated as part of Medford Savings Bank (23290)
2002-10-15Merged into and subsequently operated as part of Citizens Bank of Massachusetts (18562) in BOSTON, MA
2003-07-31Acquired CambridgePort Bank (90172) in CAMBRIDGE, MA
2003-11-01Acquired Community National Bank (2593) in HUDSON, MA
2007-09-01Changed name to RBS Citizens, National Association (57957)
2007-09-01Acquired RBS National Bank (57858) in BRIDGEPORT, CT
2007-09-01Acquired Citizens Bank of Connecticut (18197) in NEW LONDON, CT
2007-09-01Acquired Charter One Bank, National Association (28932) in CLEVELAND, OH
2007-09-01Acquired Citizens Bank (57281) in WILMINGTON, DE
2007-09-01Acquired Citizens Bank of Rhode Island (16954) in PROVIDENCE, RI
2007-09-01Acquired Citizens Bank New Hampshire (6214) in MANCHESTER, NH
2007-09-01Merged into and subsequently operated as part of RBS Citizens, National Association (57957) in PROVIDENCE, RI
2012-07-06Reorganized.
2014-04-16Changed name to Citizens Bank, National Association (57957)
2019-01-02Acquired Citizens Bank of Pennsylvania (57282) in PHILADELPHIA, PA

Financial Information (1993-12-31 and Older)