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The Bank for Savings

Status:Inactive as of 03/20/1992
 Absorption - Assisted
Successor Bank:Medford Savings Bank
Headquarters:The Bank for Savings
399 Main Street
Malden, MA 02148
Established:04/02/1860
FDIC Insurance:08/09/1989
FDIC Cert:#23289
Charter Class:
Total Assets:$397,979,000
Total Deposits:$392,720,000

History

1860-01-01Institution established but was not FDIC insured. Original name: Malden Savings Bank (90233)
1978-03-22Changed name to The Bank for Savings (90233)
1978-11-01Acquired Holliston-Hopkinton Savings Bank (90214) in HOPKINTON, MA
1981-01-02Became FDIC insured.
1981-01-02FDIC certificate number changed from (90233) to
1992-03-20Failed. Acquired with government financial assistance and subsequently operated as part of Medford Savings Bank (23290)
1994-05-06Acquired Commercial Bank and Trust Company (18332) in LOWELL, MA as part of a government assisted transaction.
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 Citizens Bank (57281) in WILMINGTON, DE
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 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