HOMETOWN BANK HISTORY
- Bank Name:Hometown Bank
- Bank Class:Federal Reserve Member Bank
- Member FDIC:Certificate #26523
- Locations:16 Branches in 2 states
Hometown Bank was founded on January 1, 1889 and has been serving the financial needs of their customers for over 135 years.
Hometown Bank currently operates with 16 branches located in 2 states as a subsidiary of Hometown Financial Group 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 Hometown Bank, including mergers and acquisitions.
DATEEVENT
01-01-1889Institution established but was not FDIC insured. Original name: Webster Co-operative Bank.
02-03-1986Became FDIC insured.
01-28-1998Changed Institution Name to Hometown Bank, A Cooperative Bank.
06-30-2004Changed Trust Powers to Limited.
04-01-2011Acquired Athol-Clinton Co-operative Bank (27293) in Athol, MA.
03-07-2014Main Office moved to 31 Sutton Avenue, Oxford, MA 01540.
03-07-2014Changed Institution Name to Hometown Bank.
03-07-2014Changed Organization Type to Cooperative Bank Stock.
08-17-2016Institution becomes member of the Federal Reserve System.
08-17-2016Changed Bank Class to State Chartered Bank, member of the Federal Reserve System (FRS).
08-17-2016Changed Organization Type to Cooperative Bank Stock.
08-17-2016Changed Primary Federal Regulatory Agency to Fed.
08-17-2016Changed Organization Type to Cooperative Bank Stock.
10-19-2019Acquired Millbury Savings Bank (21920) in Millbury, MA.
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