SOMERSET TRUST COMPANY HISTORY
- Bank Name:Somerset Trust Company
- Bank Class:Federal Reserve Non-member Bank
- Member FDIC:Certificate #11112
- Locations:43 Branches in 2 states
Somerset Trust Company was founded on January 1, 1889 and has been serving the financial needs of their customers for over 135 years.
Somerset Trust Company currently operates with 43 branches located in 2 states as a subsidiary of Somerset Trust 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 Somerset Trust Company, including mergers and acquisitions.
DATEEVENT
01-01-1889Institution established. Original name: Somerset Trust Company.
06-06-1938Institution becomes member of the Federal Reserve System.
06-06-1938Changed Bank Class to State Chartered Bank, member of the Federal Reserve System (FRS).
06-06-1938Changed Primary Federal Regulatory Agency to Fed.
06-09-1975Main Office moved to 151 West Main Street, Somerset, PA 15501.
12-15-2008Institution withdraws from membership in the Federal Reserve System.
12-15-2008Changed Bank Class to State Chartered Bank, not member of the Federal Reserve System (FRS).
12-15-2008Changed Primary Federal Regulatory Agency to Fdic.
12-15-2008Changed Institution Name to Somerset Trust Company.
10-01-2019Acquired First Bank of Lilly (7577) in Lilly, PA.
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