EAST CAMBRIDGE SAVINGS BANK HISTORY
- Bank Name:East Cambridge Savings Bank
- Bank Class:Federal Reserve Member Bank
- Member FDIC:Certificate #90173
- Locations:10 Branches in Massachusetts
East Cambridge Savings Bank was founded on April 2, 1854 and has been serving the financial needs of their customers for over 170 years.
East Cambridge Savings Bank currently operates with 10 branches located in Massachusetts as a subsidiary of 1854 Bancorp. 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 East Cambridge Savings Bank, including mergers and acquisitions.
DATEEVENT
04-02-1854Institution established but was not FDIC insured. Original name: East Cambridge Savings Bank.
08-02-1976Changed Institution Name to East Cambridge Savings Bank.
06-18-1985Became FDIC insured.
11-19-2012Institution becomes member of the Federal Reserve System.
11-19-2012Changed Bank Class to State Chartered Bank, member of the Federal Reserve System (FRS).
11-19-2012Changed Primary Federal Regulatory Agency to Fed.
03-01-2015Acquired Chelsea Bank (26548) in Chelsea, MA.
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