Massachusetts Bank and Trust Company

Status:Inactive as of 07/31/1992
 Absorption - Assisted
Successor Bank:Haymarket Co-operative Bank
Headquarters:Massachusetts Bank and Trust Company
245 Main Street
Brockton, MA 02304
Established:12/05/1963
FDIC Insurance:12/05/1963
FDIC Cert:#18966
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$61,824,000
Total Deposits:$59,427,000

History

1963-12-05Institution established: Original name:Massachusetts Bank and Trust Company
1992-07-31Failed. Acquired with government financial assistance and subsequently operated as part of Haymarket Co-operative Bank (26863)
1998-06-12Merged into and subsequently operated as part of Century Bank and Trust Company (19943) in SOMERVILLE, MA
2006-08-21Moved bank headquarters from SOMERVILLE, MA to MEDFORD, MA
2006-08-25Moved bank headquarters from MEDFORD, MA to SOMERVILLE, MA
2021-11-12Merged into and subsequently operated as part of Eastern Bank (32773)