COASTAL HERITAGE BANK HISTORY
- Bank Name:Coastal Heritage Bank
- Bank Class:Federal Reserve Member Bank
- Member FDIC:Certificate #26591
- Locations:11 Branches in Massachusetts
Coastal Heritage Bank was founded on January 1, 1889 and has been serving the financial needs of their customers for over 135 years.
Coastal Heritage Bank currently operates with 11 branches located in Massachusetts as a subsidiary of South Shore Mutual Holding Company. 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 Coastal Heritage Bank, including mergers and acquisitions.
DATEEVENT
01-01-1889Institution established but was not FDIC insured. Original name: Weymouth Co-operative Bank.
03-11-1986Became FDIC insured.
08-30-1993Main Office moved to 744 Broad Street, East Weymouth, MA 02189.
10-01-2002Changed Institution Name to Weymouth Bank.
06-28-2006Changed Organization Type to Cooperative Bank Stock.
03-04-2013Institution becomes member of the Federal Reserve System.
03-04-2013Changed Bank Class to State Chartered Bank, member of the Federal Reserve System (FRS).
03-04-2013Changed Primary Federal Regulatory Agency to Fed.
07-30-2016Changed Institution Name to Equitable Bank.
07-30-2016Acquired Equitable Co-operative Bank (26453) in Lynn, MA.
04-01-2019Changed Institution Name to Coastal Heritage Bank.
04-01-2019Main Office moved to 195 Washington Street, Weymouth, MA 02188.
04-01-2019Acquired Coastal Heritage Bank (26575) in Weymouth, MA.
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