CHARLES RIVER BANK HISTORY
- Bank Name:Charles River Bank
- Bank Class:Federal Reserve Member Bank
- Member FDIC:Certificate #26602
- Locations:3 Branches in Massachusetts
Charles River Bank was founded on January 1, 1915 and has been serving the financial needs of their customers for over 109 years.
Charles River Bank currently operates with 3 branches located in Massachusetts as a subsidiary of Charles River Bancorp, Mhc. Check below for important events in banks history.
IMPORTANT EVENTS IN BANKS HISTORY
Below is a list of some important events in the history of Charles River Bank, including mergers and acquisitions.
DATEEVENT
01-01-1915Institution established but was not FDIC insured. Original name: Medway Co-operative Bank.
03-25-1986Became FDIC insured.
10-08-1996Changed Bank Class to FDIC Supervised State Savings Bank.
10-08-1996Changed Organization Type to Cooperative Bank Stock.
10-20-1997Main Office moved to 70 Main Street, Medway, MA 02053.
06-18-2007Institution becomes member of the Federal Reserve System.
06-18-2007Changed Bank Class to State Chartered Bank, member of the Federal Reserve System (FRS).
06-18-2007Changed Primary Federal Regulatory Agency to Fed.
01-01-2009Changed Institution Name to Charles River Bank.
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