Saugus Bank and Trust Company

Saugus Bank and Trust Company Overview

Saugus Bank and Trust Company, founded in June 15, 1928, is currently an active FDIC insured bank. The chartering agency for Saugus Bank and Trust Company is currently with the State. This FDIC insured bank is not being operated by government conservatorship. Saugus Bank and Trust Company has an FDIC insurance membership with the BIF – Bank Insurance Fund and is regulated by the Federal Deposit Insurance Corporation (FDIC).

Saugus Bank and Trust Company is assigned uner the New York Federal Deposit Insurance Corporation (FDIC) supervisory office and had obtained their federal deposit insurance on January 01, 1934.

Address Location and Maps for Saugus Bank and Trust Company

Bank Name Saugus Bank and Trust Company FDIC Bank Location for Saugus Bank and Trust Company
Address 460-472 Lincoln Avenue
Saugus, MA 1906
County: Essex
Bank’s State: Massachusetts
Website: Unknown

 

Saugus Bank and Trust Company Detailed Information

FDIC Certificate ID 9714
Bank Institution Name Saugus Bank and Trust Company
Is the Bank Active? Active
Office of Thrift Supervision Docket ID Not an OTS Member
Total Assets $193,407,000
Total Deposits $179,035,000
Regulator Federal Deposit Insurance Corporation (FDIC)
Bank Charter Class NM – Commercial Bank. Bank is supervised by the Federal Deposit Insurance Corporation (FDIC). State charter and Fed non-member
FDIC Bank’s Chartering Agency State
Bank is FDIC Insured Yes, FDIC insured bank is a member of the Bank Insurance Fund
Bank Insurance Fund BIF – Bank Insurance Fund
Date of Deposit Insurance January 01, 1934
Change Code 223
Change Code Description Merger – FDIC Insured Bank Without Assistance
OCC Bank Charter Number No FDIC Bank Charter Number
Conservatorship FDIC insured bank is not being operated by government conservatorship.
Inactive Bank that used to be FDIC insured? Yes
Credit Card Institution No, bank is not a credit card institution. Credit card loans do not exceed 50% of the FDIC Bank institution’s total assets, including loans that have been securitized and sold.
Insured Commercial Banks Yes
FDIC Supervisory Region New York
Insured Savings Institution No, Bank is not Savings Association Insurance Fund (SAIF) insured
State Charter Yes
County Essex
Office of Thrift Supervision Region Northeast
Assigned Federal Reserve District New York
Oakar Institutions No
FDIC Field Office 0
Insured offices of foreign banks 0

Saugus Bank and Trust Company is insured by the Federal Deposit Insurance Corporation (FDIC)

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