South Shore Savings Bank Overview
South Shore Savings Bank, founded in February 01, 1833, is currently an inactive FDIC insured bank. The chartering agency for South Shore Savings Bank is currently with the State. This FDIC insured bank is not being operated by government conservatorship. South Shore Savings Bank has an FDIC insurance membership with the DIF – Deposit Insurance Fund and is regulated by the Federal Deposit Insurance Corporation (FDIC).
South Shore Savings Bank is assigned uner the New York Federal Deposit Insurance Corporation (FDIC) supervisory office and had obtained their federal deposit insurance on November 19, 1985.
Address Location and Maps for South Shore Savings Bank
Bank Name | South Shore Savings Bank | |
Address | 1530 Main Street South Weymouth, MA 2190 |
|
County: | Norfolk | |
Bank’s State: | Massachusetts | |
Website: | http://www.sssb.com:80/ |
South Shore Savings Bank Detailed Information
FDIC Certificate ID | 90303 |
Bank Institution Name | South Shore Savings Bank |
Is the Bank Active? | Inactive |
Office of Thrift Supervision Docket ID | 8563 |
Total Assets | $951,996,000 |
Total Deposits | $664,692,000 |
Regulator | Federal Deposit Insurance Corporation (FDIC) |
Bank Charter Class | SB – Savings Bank. Bank is supervised by the Federal Deposit Insurance Corporation (FDIC). State Charer. |
FDIC Bank’s Chartering Agency | State |
Bank is FDIC Insured | No, FDIC insured bank is NOT a member of the Bank Insurance Fund |
Bank Insurance Fund | DIF – Deposit Insurance Fund |
Date of Deposit Insurance | November 19, 1985 |
Change Code | 412 |
Change Code Description | Merge BIF and SAIF Funds into DIF |
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? | No |
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 | Norfolk |
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 |
South Shore Savings Bank is insured by the Federal Deposit Insurance Corporation (FDIC)