Melrose Bank
Status: | Inactive as of 06/01/2020 |
Merger - Without Assistance | |
Successor Bank: | Cambridge Savings Bank |
Headquarters: | Melrose Bank 638 Main Street Melrose, MA 02176 |
Established: | 01/01/1890 |
FDIC Insurance: | 08/09/1989 |
FDIC Cert: | #26511 |
Charter Class: | |
Total Assets: | $338,834,000 |
Total Deposits: | $274,975,000 |
History
1890-01-01 | Institution established but was not FDIC insured. Original name: Melrose Co-operative Bank | |
1986-01-21 | Became FDIC insured. | |
2018-06-07 | Changed name to Melrose Bank | |
2020-06-01 | Merged into and subsequently operated as part of Cambridge Savings Bank (17870) in Cambridge, MA |