Avon Co-operative Bank

Avon Co-operative Bank was established on January 1, 1914, and initially operated without Federal Deposit Insurance Corporation (FDIC) insurance. Over the years, the bank underwent several significant changes. On September 16, 2008, it changed its primary federal regulatory agency to the Federal Reserve and became a state-chartered bank, officially joining the Federal Reserve System. The bank underwent a name change to Abington Bank on May 18, 2019, when it merged with Abington Bank located in Abington, Massachusetts. This merger also marked the end of the Avon Co-operative Bank's independent operations. In a subsequent merger on May 18, 2019, Abington Bank itself became part of another financial institution. Finally, on September 21, 2024, Avon Co-operative Bank merged again, this time becoming part of North Shore Bank, a co-operative bank based in Peabody, Massachusetts.

Below is a list of some important events in banks history, including mergers and acquisitions.

1914-01-01Institution established but was not FDIC insured. Original name: Avon Co-operative Bank.

2008-09-16Institution becomes member of the Federal Reserve System.

2008-09-16Changed Bank Class to State Chartered Bank, member of the Federal Reserve System (FRS).

2008-09-16Changed Primary Federal Regulatory Agency to FED.

2017-10-01Merged and became part of Abington Bank in Abington, MA.

2019-05-18Changed Institution Name to Abington Bank.

2019-05-18Merged and became part of Abington Bank in Abington, MA.

2024-09-21Merged and became part of North Shore Bank, a Co-operative Bank in Peabody, MA.