Bank/CU Name: Needham Bank Charter Number: 26483
Charter Type: Co-operative Bank – Stock Main Office: 1063 Great Plain Avenue , Needham, MA 02492 Phone: 781-444-2100
Charter Date: 4/21/1892 Federal Regulator: FRB Fax: 781-453-0182
Activity Date Activity Type Description
9/30/2022 Relocate Branch Office Needham Bank, Needham - permission to relocate its branch office from 400 Mystic Avenue, Medford to 270 Mystic Avenue, Medford - approved September 30, 2022.
8/31/2022 Relocate Branch Office Needham Bank, Needham - permission to relocate its branch office from 400 Mystic Avenue, Medford to 270 Mystic Avenue, Medford. Comment period ended August 18, 2022.
3/31/2022 Establish Branch Needham Bank, Needham - notice to establish a branch office at 400 Mystic Avenue, Medford - non-objection issued March 4, 2022.
3/31/2022 Bank Branch Purchase and Assumption Needham Bank, Needham - permission to purchase certain assets and assume certain liabilities of Eastern Bank, Boston, Massachusetts. Under the terms of a Purchase and Assumption Agreement, Needham Bank will acquire certain assets and assume certain liabilities which relate primarily to the deposits of cannabis-related business and money service business customers of Eastern Bank - approved March 4, 2022.
2/28/2022 Establish Branch Needham Bank, Needham - notice to establish a branch office at 400 Mystic Avenue, Medford. Filed January 20, 2022.
2/28/2022 Bank Branch Purchase and Assumption Needham Bank, Needham - permission to purchase certain assets and assume certain liabilities of Eastern Bank, Boston, Massachusetts. Under the terms of a Purchase and Assumption Agreement, Needham Bank will acquire certain assets and assume certain liabilities which relate primarily to the deposits of cannabis-related business and money service business customers of Eastern Bank. Comment period ended February 22, 2022. In connection with the purchase and assumption transaction, Needham Bank has notified the Division that Needham Bank intends to establish a branch office at 400 Mystic Avenue, Medford, Massachusetts as noted above.
1/31/2022 Establish Branch Needham Bank, Needham - notice to establish a branch office at 400 Mystic Avenue, Medford. Filed January 20, 2022.
1/31/2022 Bank Branch Purchase and Assumption Needham Bank, Needham - permission to purchase certain assets and assume certain liabilities of Eastern Bank, Boston, Massachusetts. Under the terms of a Purchase and Assumption Agreement, Needham Bank will acquire certain assets and assume certain liabilities which relate primarily to the deposits of cannabis-related business and money service business customers of Eastern Bank. Comment period ends February 22, 2022. In connection with the purchase and assumption transaction, Needham Bank has notified the Division that Needham Bank intends to establish a branch office at 400 Mystic Avenue, Medford, Massachusetts as noted above.
7/30/2021 Relocate Branch Office Needham Bank, Needham - permission to relocate its branch office from 402 Washington Street, Dedham to 326 Washington Street, Dedham - approved July 29, 2021.
6/30/2021 Relocate Branch Office Needham Bank, Needham - permission to relocate its branch office from 402 Washington Street, Dedham to 326 Washington Street, Dedham. Comment period ended May 12, 2021.
5/31/2021 Relocate Branch Office Needham Bank, Needham - permission to relocate its branch office from 402 Washington Street, Dedham to 326 Washington Street, Dedham. Comment period ended May 12, 2021.
4/30/2021 Relocate Branch Office Needham Bank, Needham - permission to relocate its branch office from 402 Washington Street, Dedham to 326 Washington Street, Dedham. Comment period ends May 12, 2021.
12/31/2019 Reorganization into Mutual Holding Company (MHC) Needham Bank, Needham - permission to reorganize into a mutual holding company, NB Financial, MHC with a mid-tier holding company, NB Financial, Inc., in a multi-step transaction - approved December 5, 2019.
11/29/2019 Establish Branch Needham Bank, Needham - notice to establish a branch office at 1457 Tremont Street, Roxbury - non-objection issued November 26, 2019.
11/29/2019 Reorganization into Mutual Holding Company (MHC) Needham Bank, Needham - permission to reorganize into a mutual holding company, NB Financial, MHC with a mid-tier holding company, NB Financial, Inc., in a multi-step transaction. Comment period ended September 25, 2019.
10/31/2019 Reorganization into Mutual Holding Company (MHC) Needham Bank, Needham - permission to reorganize into a mutual holding company, NB Financial, MHC with a mid-tier holding company, NB Financial, Inc., in a multi-step transaction. Comment period ended September 25, 2019.
10/31/2019 Establish Branch Needham Bank, Needham - notice to establish a branch office located 1457 Tremont Street, Roxbury. Filed October 24, 2019.
9/30/2019 Reorganization into Mutual Holding Company (MHC) Needham Bank, Needham - permission to reorganize into a mutual holding company, NB Financial, MHC with a mid-tier holding company, NB Financial, Inc., in a multi-step transaction. Comment period ended September 25, 2019.
8/30/2019 Reorganization into Mutual Holding Company (MHC) Needham Bank, Needham - permission to reorganize into a mutual holding company, NB Financial, MHC with a mid-tier holding company, NB Financial, Inc., in a multi-step transaction. Comment period ends September 25, 2019.
6/30/2015 Establish Branch Needham Bank, Needham - notice to establish a branch office at 17 West Central Street, Natick - non-objection issued June 10, 2015.
5/29/2015 Establish Branch Needham Bank, Needham - notice to establish a branch office at 17 West Central Street, Natick. Filed May 22, 2015.
3/31/2015 Establish Branch Needham Bank, Needham - notice to establish a branch office at 857 Main Street, Millis - non-objection issued March 6, 2015.
2/27/2015 Establish Branch The Needham Bank, Needham - notice to establish a branch office at 857 Main Street, Millis. Filed December 11, 2014.
1/30/2015 Establish Branch Needham Bank, Needham - notice to establish a branch office at 857 Main Street, Millis. Filed December 11, 2014.
12/31/2014 Establish Branch Needham Bank, Needham - notice to establish a branch office at 857 Main Street, Millis. Filed December 11, 2014.
11/28/2014 Establish Branch Needham Bank, Needham - notice to establish a branch office at 41 Front Street, Ashland -non-objection issued November 6, 2014.
10/31/2014 Establish Branch Needham Bank, Needham - notice to establish a branch office at 41 Front Street, Ashland. Filed October 10, 2014.
7/31/2014 Establish Branch Needham Bank, Needham - notice to establish a branch office at 60 Centre Street, Dover - non-objection issued July 14, 2014.
6/30/2014 Establish Branch Needham Bank, Needham - notice to establish a branch office at 60 Centre Street, Dover. Filed June 16, 2014.
12/31/2009 Application to Sell Insurance Application to Sell Insurance - approved December 29, 2009
11/30/2009 Application to Sell Insurance Application to Sell Insurance - pending
10/30/2009 Application to Sell Insurance Application to Sell Insurance - pending
9/30/2009 Application to Sell Insurance Application to Sell Insurance - pending
3/30/2007 Merger Needham Co-operative Bank ("Needham"), Needham, Massachusetts and Dedham Co-operative Bank ("Dedham"), Dedham, Massachusetts - permission to merge under the charter and by-laws of Needham and name of Needham Bank. The main office of Needham would remain the main office of the continuing institution and the sole banking office of Dedham would be retained as a branch office - approved March 21, 2007.
2/28/2007 Merger Needham Co-operative Bank ("Needham"), Needham, Massachusetts and Dedham Co-operative Bank ("Dedham"), Dedham, Massachusetts - permission to merge under the charter and by-laws of Needham and name of Needham Bank. The main office of Needham would remain the main office of the continuing institution and the sole banking office of Dedham would be retained as a branch office. Comment period ends March 16, 2007.