SOUTHBRIDGE SAVINGS BANK

  • Bank Name:Southbridge Savings Bank
  • Bank Class:Federal Reserve Member Bank
  • Member FDIC:Certificate #23524 - Inactive
  • Web Address:southbridgesavingsbank.com
Headquarters:253 Main Street # 257, Southbridge, Massachusetts 01550
Acquired by Cornerstone Bank
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HISTORY OF SOUTHBRIDGE SAVINGS BANK

Southbridge Savings Bank was established in April 1848 and headquartered in Southbridge, Massachusetts. The bank operated as a subsidiary of Ssb Community Bancorp Mhc. Southbridge Savings Bank was classified as a commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB). Southbridge Savings Bank is no longer doing business under that name. To view branches, routing numbers, phone numbers and business hours; you can check Cornerstone Bank page.

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

DATEEVENT

01/01/1848 -Institution established but was not FDIC insured. Original name: Southbridge Savings Bank (90279)

09/08/1981 -Became FDIC insured.

09/08/1981 -FDIC certificate number changed from (90279) to

10/07/2008 -Changed organization type to Stock Savings Bank

01/29/2014 -Changed primary regulatory agency from State to Federal Reserve Board

01/29/2014 -Changed institution class to Insured Commercial Or Savings Banks, State, Members FRS

06/12/2017 -Merged into and subsequently operated as part of Cornerstone Bank (90282) in Spencer, MA

06/12/2017 -Changed name to Cornerstone Bank (90282)

10/25/2017 -Changed institution class to Insured Commercial Or Savings Banks, State, Members FRS

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