Reading Savings Bank

Status:Inactive as of 02/01/1983
 Merger - Without Assistance
Successor Bank:MassBank
Headquarters:Reading Savings Bank
123 Haven Street
Reading, MA 01867
Established:01/02/1891
FDIC Insurance:01/02/1981
FDIC Cert:#23295
Charter Class:

History

1891-01-01Institution established but was not FDIC insured. Original name: Reading Savings Bank (90271)
1981-01-02Became FDIC insured.
1981-01-02FDIC certificate number changed from (90271) to
1983-02-01Changed name to MassBank for Savings (22089)
1983-02-01Merged into and subsequently operated as part of MassBank for Savings (22089) in READING, MA
1986-05-28Changed organization type to STOCK SAVINGS BANK
1992-02-14Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
1992-02-14Acquired The Central Savings Bank (90226) in LOWELL, MA
1996-04-22Changed name to MassBank (22089)
1997-07-21Acquired Glendale Co-operative Bank (26571) in EVERETT, MA
2008-10-10Merged into and subsequently operated as part of Eastern Bank (32773) in BOSTON, MA
2011-03-18Acquired Wainwright Bank & Trust Company (27009) in BOSTON, MA
2012-12-01Acquired The Community Bank, A Massachusetts Cooperative Bank (26396) in BROCKTON, MA
2014-10-25Acquired Centrix Bank & Trust (35035) in BEDFORD, NH
2021-11-12Acquired Century Bank and Trust CompanyEastern Bank (19943) in Somerville, MA.