COMMONWEALTH BANK HISTORY
- Bank Name:Commonwealth Bank
- Bank Class:Federal Reserve Member Bank
- Member FDIC:Certificate #29842
- Locations:3 Branches in Massachusetts
Commonwealth Bank was founded on January 1, 1886 and has been serving the financial needs of their customers for over 138 years.
Commonwealth Bank currently operates with 3 branches located in Massachusetts. 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 Commonwealth Bank, including mergers and acquisitions.
DATEEVENT
01-01-1886Institution established but was not FDIC insured. Original name: Hyde Park Co-operative Bank.
07-31-1986Became FDIC insured.
04-19-2001Main Office moved to 1172 River St, Hyde Park, MA 02136.
12-31-2008Acquired Commonwealth Co-operative Bank (26593) in Boston, MA.
12-31-2008Changed Institution Name to Commonwealth Co-operative Bank.
07-21-2011Changed Primary Federal Regulatory Agency to Fdic.
01-11-2017Institution becomes member of the Federal Reserve System.
01-11-2017Changed Bank Class to State Chartered Bank, member of the Federal Reserve System (FRS).
01-11-2017Changed Organization Type to Cooperative Bank.
01-11-2017Changed Primary Federal Regulatory Agency to Fed.
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