Holbrook Cooperative Bank

History Of Holbrook Cooperative Bank
Holbrook Cooperative Bank was established in 1888, originally operating under its initial name without Federal Deposit Insurance Corporation (FDIC) insurance. Over the decades, the institution underwent several significant changes. On April 1, 2017, Holbrook Cooperative Bank merged with Abington Bank, which is located in Abington, Massachusetts. Following this merger, the bank adopted the name Abington Bank on May 18, 2019. Subsequently, on May 18, 2019, Abington Bank itself underwent another merger, this time becoming part of Holbrook Cooperative Bank. This transition marked a pivotal moment in the bank's history. The most recent development occurred on September 21, 2024, when Holbrook Cooperative Bank merged with North Shore Bank, a cooperative bank based in Peabody, Massachusetts, further continuing its legacy within the regional banking landscape.
Below is a list of some important events in banks history, including mergers and acquisitions.
1888-01-01Institution established but was not FDIC insured. Original name: Holbrook Co-operative Bank.
2017-04-01Merged 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.
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