Granite Co-operative Bank

Status:Inactive as of 12/12/1991
 Absorption - Assisted
Successor Bank:South Boston Savings Bank
Headquarters:Granite Co-operative Bank
440 Hancock Street
Quincy, MA 02171
Established:01/01/1953
FDIC Insurance:08/09/1989
FDIC Cert:#26585
Charter Class:
Total Assets:$103,814,000
Total Deposits:$84,328,000

History

1953-01-01Institution established but was not FDIC insured. Original name: North Quincy Co-operative Bank
1965-06-14Changed name to Granite Co-operative Bank
1986-03-05Became FDIC insured.
1986-04-04Changed organization type to COOPERATIVE BANK STOCK
1988-09-01Acquired The Abington National Bank (2546) in ABINGTON, MA
1991-04-01Change trust powers from TRUST POWERS NOT GRANTED to LIMITED TRUST POWERS GRANTED
1991-12-12Failed. Acquired with government financial assistance and subsequently operated as part of South Boston Savings Bank (90164)
1996-06-28Merged into and subsequently operated as part of The First National Bank of Boston (2558) in BOSTON, MA
1997-04-24Changed name to BankBoston, National Association (2558)
1997-05-23Acquired BayBank, National Association (23564) in BOSTON, MA
1997-10-16Acquired Bank of Boston Connecticut (17948) in HARTFORD, CT
1997-10-31Acquired Pacific National Bank of Nantucket (2618) in NANTUCKET, MA
1998-05-21Acquired Rhode Island Hospital Trust National Bank (17057) in PROVIDENCE, RI
2000-03-01Moved bank headquarters from BOSTON, MA to PROVIDENCE, RI
2000-03-01Changed name to Fleet National Bank (2558)
2000-03-01Acquired Fleet National Bank (2499) in PROVIDENCE, RI
2000-04-03Acquired Fleet Trust and Investment Services Company, National Association (25895) in STUART, FL
2000-04-03Acquired Fleet Bank, F.S.B. (33924) in BOCA RATON, FL
2000-04-03Acquired Bank of Boston - Florida, National Association (23813) in BOCA RATON, FL
2000-05-01Acquired Fleet Bank-NH (19821) in MANCHESTER, NH
2000-09-01Acquired Fleet Bank, National Association (6357) in JERSEY CITY, NJ
2000-10-02Acquired Fleet Bank of Maine (8) in PORTLAND, ME
2001-03-01Acquired Summit Bank (7406) in BETHLEHEM, PA
2001-03-01Acquired Summit Bank (17944) in NORWALK, CT
2001-03-01Acquired Summit Bank (550) in HACKENSACK, NJ
2004-02-01Acquired Progress Bank (30529) in BLUE BELL, PA
2005-03-18Acquired Fleet Maine, National Association (33987) in SOUTH PORTLAND, ME
2005-06-13Merged into and subsequently operated as part of Bank of America, National Association (3510) in CHARLOTTE, NC
2006-09-22Acquired MBNA America Delaware, National Association (34680) in WILMINGTON, DE
2008-02-22Acquired United States Trust Company , National Association (34061) in NEW YORK, NY
2008-06-30Acquired Bank of America Georgia, National Association (57117) in ATLANTA, GA
2008-10-17Acquired LaSalle Bank National Association (15407) in CHICAGO, IL
2008-10-17Acquired LaSalle Bank Midwest National Association (22488) in TROY, MI
2009-01-16Maintained operations with government open bank assistance.
2009-04-27Acquired Countrywide Bank, FSB (33143) in CENTENNIAL, CO
2009-07-01Acquired Merrill Lynch Bank USA (27374) in SALT LAKE CITY, UT
2009-11-02Acquired Merrill Lynch Bank & Trust Co., FSB (34571) in NEW YORK, NY
2013-04-01Acquired Bank of America, Rhode Island, National Association (58032) in PROVIDENCE, RI
2013-04-01Acquired Bank of America Oregon, National Association (35453) in PORTLAND, OR
2014-10-01Acquired FIA Card Services, National Association (33318) in WILMINGTON, DE
2020-03-31Acquired Recontrust Company, National Association (58026) in SIMI VALLEY, CA