Shawmut Merchants Bank, N. A.

Shawmut Merchants Bank, N. A. Overview

Shawmut Merchants Bank, N. A., founded in January 01, 1811, is currently an active FDIC insured bank. The chartering agency for Shawmut Merchants Bank, N. A. is currently with the Office of the Comptroller of the Currency. This FDIC insured bank is not being operated by government conservatorship. Shawmut Merchants Bank, N. A. has an FDIC insurance membership with the BIF – Bank Insurance Fund and is regulated by the Office of the Comptroller of the Currency (OCC).

Shawmut Merchants Bank, N. A. 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 Shawmut Merchants Bank, N. A.

Bank Name Shawmut Merchants Bank, N. A. FDIC Bank Location for Shawmut Merchants Bank, N. A.
Address 253 Essex Street
Salem, MA 1970
County: Essex
Bank’s State: Massachusetts
Website: Unknown

 

Shawmut Merchants Bank, N. A. Detailed Information

FDIC Certificate ID 2645
Bank Institution Name Shawmut Merchants Bank, N. A.
Is the Bank Active? Active
Office of Thrift Supervision Docket ID Not an OTS Member
Total Assets $220,191,000
Total Deposits $161,913,000
Regulator Office of the Comptroller of the Currency (OCC)
Bank Charter Class N – Commercial Bank. Bank is supervised by the Office of the Comptroller of the Currency (OCC). National Charter and a Fed member.
FDIC Bank’s Chartering Agency Office of the Comptroller of the Currency
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 726
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 No
County Essex
Office of Thrift Supervision Region Northeast
Assigned Federal Reserve District New York
Oakar Institutions No
FDIC Field Office 1
Insured offices of foreign banks 0

Shawmut Merchants Bank, N. A. is insured by the Federal Deposit Insurance Corporation (FDIC)

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