Bank/CU Name: BankFive Charter Number: 23286
Charter Type: Savings Bank – Mutual Holding Company Main Office: 79 North Main Street , Fall River, MA 02720-2144 Phone: 774-888-6100
Charter Date: 4/10/1855 Federal Regulator: FRB Fax: 508-677-3388

Activity Date Activity Type Description
2/29/2024 Close Branch Fall River Five Cents Savings Bank dba BankFive, Fall River - permission to close its branch office located at 4171 North Main Street, Fall River. Comment period ends March 1, 2024.
1/31/2014 Establish Branch Fall River Five Cents Savings Bank, Fall River - permission to establish a branch office at 590 Metacom Avenue, Bristol, Rhode Island - approved January 30, 2014.
12/31/2013 Establish Branch Fall River Five Cents Savings Bank, Fall River - permission to establish a branch office at 590 Metacom Avenue, Bristol, Rhode Island. Filed December 12, 2013.
7/31/2012 Close Branch Fall River Five Cents Savings Bank, Fall River - permission to close a branch office located at 174 Union Street, New Bedford - approved July 26, 2012.
12/31/2010 Relocate Branch Office Fall River Five Cents Savings Bank, Fall River- permission to relocate a branch office from 178 Elsbree Street, Fall River to 1604 President Avenue, Fall River- approved December 7, 2010.
11/30/2010 Relocate Branch Office Fall River Five Cents Savings Bank, Fall River - permission to relocate a branch office from 178 Elsbree Street, Fall River to 1604 President Avenue, Fall River. Comment period ended November 17, 2010.
6/30/2010 Relocate Branch Office Fall River Five Cents Savings Bank, Fall River - permission to relocate a branch office from 927 County Street, Somerset to 54 County Street, Somerset - approved June 30, 2010.
6/29/2007 Merger Fall River Five Cents Savings Bank d/b/a BankFive ("BankFive"), Fall River and Luzo Community Bank, New Bedford - permission for the merger of Luzo Community Bank with and into BankFive - approved June 26, 2007.
5/31/2007 Acquisition of Bank by a company BankFive, MHC and BankFive Corporation, (the "Petitioners"), Fall River, Massachusetts - permission to acquire Luzo Community Bank, New Bedford, Massachusetts, through the acquisition of its holding company, New Bedford Community Bancorp, New Bedford, Massachusetts in a multi-step transaction involving the Board and the Division of Banks (the "Division"). In the Commonwealth, the Petitioners are the mutual holding company and the mid-tier stock holding company for Fall River Five Cents Savings Bank d/b/a BankFive ("BankFive"), Fall River, Massachusetts. In connection with this multi-step transaction, the approval of the Board will also be required for the establishment of an interim trust company. Applications have also been filed with the Division which include approval for the subsequent merger of Luzo Community Bank with and into BankFive. Comment period ended May 18, 2007.
9/29/2006 Establish Branch Fall River Five Cents Savings Bank, Fall River - notice to establish a branch office at 55 Thirteenth Street, Fall River - non-objection issued September 26, 2006.
2/28/2006 Establish Branch Fall River Five Cents Savings Bank, Fall River - notice to establish a branch office at 101-107 Huttleston Avenue, Fairhaven - non-objection issued February 2, 2006.
1/31/2006 Establish Branch Fall River Five Cents Savings Bank, Fall River - notice to establish a branch office at 101-107 Huttleston Avenue, Fairhaven. Filed January 30, 2006.
10/31/2005 Establish Branch BankFive, Fall River - notice to establish a branch office at 174 Union Street, New Bedford. Fall River Five Cents Savings Bank, Fall River changed its name to BankFive on October 3, 2005 - non-objection issued October 4, 2005.
9/30/2005 Establish Branch Fall River Five Cents Savings Bank, Fall River - notice to establish a branch office at 174 Union Street, New Bedford. Filed September 26, 2005.
3/31/2005 Reorganization into Mutual Holding Company (MHC) Fall River Five Cents Savings Bank, Fall River - permission to reorganize into a mutual holding company, BankFive, MHC, with a mid-tier holding company, BankFive Corporation, as part of a multi-step transaction - approved March 30, 2005.
2/28/2005 Reorganization into Mutual Holding Company (MHC) Fall River Five Cents Savings Bank, Fall River -permission to reorganize into a mutual holding company, BankFive, MHC, with a mid-tier holding company, BankFive Corporation, as part of a multi-step transaction. Comment period ends March 18, 2005.
1/31/2005 Reorganization into Mutual Holding Company (MHC) Fall River Five Cents Savings Bank, Fall River -permission to reorganize into a mutual holding company, BankFive, MHC, with a mid-tier holding company, BankFive Corporation, as part of a multi-step transaction. Comment period ends March 18, 2005.
3/31/2004 Relocate Branch Office Fall River Five Cents Savings Bank, Fall River - permission to relocate a branch office from the Swansea Mall, Route 118, Swansea to 497 Milford Road, Swansea - approved March 18, 2004.
2/27/2004 Relocate Branch Office Fall River Five Cents Savings Bank, Fall River - permission to relocate a branch office from the Swansea Mall, Route 118, Swansea to 497 Milford Road, Swansea. Comment period ends March 15, 2004.