SAVINGS INSTITUTE BANK AND TRUST COMPANY

  • Bank Name:Savings Institute Bank and Trust Company
  • Bank Class:State Chartered - FED Member Bank
  • FDIC ID:Certificate #18214 - Inactive
  • FED RSSD ID:#480808 - Inactive
Headquarters:803 Main Street, Willimantic, Connecticut 06226
Acquired by Berkshire Bank
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HISTORY OF SAVINGS INSTITUTE BANK AND TRUST COMPANY

Savings Institute Bank and Trust Company was established in January 1842 and headquartered in Willimantic, Connecticut. The bank operated as a subsidiary of Si Financial Group Inc. Savings Institute Bank and Trust Company was classified as a commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB). Savings Institute Bank and Trust Company is no longer doing business under that name. To view branches, routing numbers, phone numbers and business hours; you can check Berkshire Bank page.

Below is a list of some important events in banks history, including mergers and acquisitions.

DATEEVENT

1842-01-01 -Institution established. Original name: Willimantic Savings Institute.

1974-05-04 -Changed Institution Name to Willimantic Savings Institute.

1990-09-24 -Changed Trust Powers to Full.

1990-10-19 -Acquired The Brooklyn Savings Bank (18236) in Danielson, CT.

1991-01-15 -Changed Trust Powers to N/a.

1991-03-18 -Changed Institution Name to Savings Institute.

1991-08-16 -Acquired Enfield National Bank (27463) in Enfield, CT.

2000-06-14 -Changed Organization Type to Stock Savings Bank.

2000-06-14 -Changed Trust Powers to Full.

2000-06-14 -Changed Trust Powers to Full.

2004-08-06 -Changed Chartering Agency to Ots.

2004-08-06 -Changed Bank Class to Federal Savings Bank.

2004-08-06 -Changed Primary Federal Regulatory Agency to Ots.

2004-08-06 -Changed Institution Name to Savings Institute Bank and Trust Company.

2004-08-06 -Changed Trust Powers to Limited.

2011-07-21 -Changed Primary Federal Regulatory Agency to Occ.

2013-09-07 -Acquired Newport Federal Savings Bank (30626) in Newport, RI.

2014-12-30 -Changed Chartering Agency to State.

2014-12-30 -Changed Bank Class to FDIC Supervised State Savings Bank.

2014-12-30 -Changed Primary Federal Regulatory Agency to Fdic.

2014-12-30 -Institution withdraws from membership in the Federal Reserve System.

2014-12-30 -Changed Bank Class to FDIC Supervised State Savings Bank.

2014-12-30 -Changed Primary Federal Regulatory Agency to Fdic.

2015-04-06 -Institution becomes member of the Federal Reserve System.

2015-04-06 -Changed Bank Class to State Chartered Bank, member of the Federal Reserve System (FRS).

2015-04-06 -Changed Primary Federal Regulatory Agency to Fed.

2019-05-17 -Merged and became part of Berkshire Bank (23621) in Pittsfield, MA.

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