INSTITUTION FOR SAVINGS HISTORY
- Bank Name:Institution for Savings
- Bank Class:State Savings Bank
- Member FDIC:Certificate #90250
- Locations:15 Branches in Massachusetts
Institution for Savings was founded on January 1, 1820 and has been serving the financial needs of their customers for over 204 years.
Institution for Savings currently operates with 15 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 Institution for Savings, including mergers and acquisitions.
DATEEVENT
01-01-1820Institution established but was not FDIC insured. Original name: Institution for Savings in Newburyport and Its Vicinity.
08-13-1985Became FDIC insured.
07-01-2007Acquired Ipswich Co-operative Bank (26452) in Ipswich, MA.
08-29-2014Changed Trust Powers to Full.
08-29-2014Acquired The Rockport National Bank (2644) in Rockport, MA.
12-31-2014Changed Trust Powers to None.
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