Bank/CU Name: East Cambridge Savings Bank Charter Number: 90173
Charter Type: Savings Bank – Mutual Holding Company Main Office: 292 Cambridge Street , Cambridge, MA 02141-1263 Phone: 617-354-7700
Charter Date: 4/29/1854 Federal Regulator: FRB Fax: 617-354-3475
Activity Date Activity Type Description
7/29/2022 Merger East Cambridge Savings Bank (East Cambridge), East Cambridge and Patriot Community Bank (Patriot), Woburn - permission for Patriot to merge with and into East Cambridge under the charter, bylaws, and name of East Cambridge. East Cambridge is the subsidiary banking institution of 1854 Bancorp. The main office of East Cambridge would remain the main office of the continuing institution and the sole banking office of Patriot would be retained as a branch office of East Cambridge - approved July 26, 2022.
6/30/2022 Merger East Cambridge Savings Bank (East Cambridge), East Cambridge and Patriot Community Bank (Patriot), Woburn - permission for Patriot to merge with and into East Cambridge under the charter, bylaws, and name of East Cambridge. East Cambridge is the subsidiary banking institution of 1854 Bancorp. The main office of East Cambridge would remain the main office of the continuing institution and the sole banking office of Patriot would be retained as a branch office of East Cambridge. Comment period ended June 22, 2022.
5/31/2022 Merger East Cambridge Savings Bank (East Cambridge), East Cambridge and Patriot Community Bank (Patriot), Woburn - permission for Patriot to merge with and into East Cambridge under the charter, bylaws, and name of East Cambridge. East Cambridge is the subsidiary banking institution of 1854 Bancorp. The main office of East Cambridge would remain the main office of the continuing institution and the sole banking office of Patriot would be retained as a branch office of East Cambridge. Comment period ends June 22, 2022.
12/31/2020 Close Branch East Cambridge Savings Bank, Cambridge - permission to close its branch office located at 2067 Massachusetts Avenue, Cambridge - approved December 29, 2020.
11/30/2020 Close Branch East Cambridge Savings Bank, Cambridge - permission to close its branch office located at 2067 Massachusetts Avenue, Cambridge. Comment period ended November 19, 2020.
12/31/2018 Establish Branch East Cambridge Savings Bank, East Cambridge - notice to establish a branch office at 94 Pleasant Street, Malden - non-objection issued December 20, 2018.
11/30/2018 Establish Branch East Cambridge Savings Bank, East Cambridge - notice to establish a branch office at 94 Pleasant Street, Malden. Filed November 23, 2018.
2/27/2015 Merger East Cambridge Savings Bank (East Cambridge), Cambridge and Chelsea Bank (Chelsea), Chelsea - permission to merge under the charter and by-laws of East Cambridge. The main office of East Cambridge would remain the main office of the continuing institution and the sole banking office of Chelsea would be retained as a branch office of East Cambridge - approved February 12, 2015.
1/30/2015 Merger East Cambridge Savings Bank (East Cambridge), Cambridge and Chelsea Bank (Chelsea), Chelsea - permission to merge under the charter and by-laws of East Cambridge. The main office of East Cambridge would remain the main office of the continuing institution and the sole banking office of Chelsea would be retained as a branch office of East Cambridge. Comment period ends February 3, 2015.
1/31/2014 Establish Branch East Cambridge Savings Bank, Cambridge - notice to establish a branch office at 9 Playstead Road, Medford - non-objection issued January 30, 2014.
12/31/2013 Establish Branch East Cambridge Savings Bank, Cambridge - notice to establish a branch office at 9 Playstead Road, Medford. Filed December 18, 2013.
3/31/2013 Reorganization into Mutual Holding Company (MHC) East Cambridge Savings Bank, Cambridge, Massachusetts - permission to establish a mutual savings bank in conjunction with its multi-step reorganization into a mutual holding company, 1854 Bancorp. The continuing bank will operate under the name East Cambridge Savings Bank - approved March 12, 2013.
1/31/2013 Reorganization into Mutual Holding Company (MHC) East Cambridge Savings Bank, Cambridge, Massachusetts - permission to establish a mutual savings bank in conjunction with its multi-step reorganization into a mutual holding company, 1854 Bancorp. The continuing bank will operate under the name East Cambridge Savings Bank. Comment period ends February 22, 2013.
4/29/2011 Close Branch East Cambridge Savings Bank, Cambridge - permission to relocate a branch office from 505 Common Street, Belmont to 395 Trapelo Road, Belmont. Comment period ended March 31, 2011.
1/31/2008 Close Branch East Cambridge Savings Bank, Cambridge - permission to close a branch office located at One Canal Park, Cambridge - approved January 31, 2008.
2/28/2007 Bank Branch Purchase and Assumption East Cambridge Savings Bank, Cambridge - permission to (1) purchase certain assets and assume certain deposit and other liabilities of the branch office of The First National Bank of Ipswich, Ipswich located at 2067 Massachusetts Avenue, Cambridge; and in connection therewith (2) establish and maintain a branch office at that location - approved February 28, 2007.
1/31/2007 Acquisition of Bank by a company East Cambridge Savings Bank, Cambridge - permission to 1) purchase certain assets and assume certain deposit and other liabilities of the branch office of The First National Bank of Ipswich, Ipswich located at 2067 Massachusetts Avenue, Cambridge; and in connection therewith 2) establish and maintain a branch office at that location. Comment periods end February 26, 2007.
1/31/2007 Establish Branch East Cambridge Savings Bank, Cambridge - notice to establish a branch office at 243 Salem Street, Medford - non-objection issued January 3, 2007.
12/29/2006 Establish Branch East Cambridge Savings Bank, Cambridge - notice to establish a branch office at 243 Salem Street, Medford. Filed December 26, 2006.
1/31/2005 Establish Branch East Cambridge Savings Bank, Cambridge - permission to establish a branch office at 109 Broadway, Arlington - approved January 28, 2005.
12/31/2004 Establish Branch East Cambridge Savings Bank, Cambridge - permission to establish a branch office at 109 Broadway, Arlington. Comment period ends January 18, 2005.
11/30/2001 Establish Branch East Cambridge Savings Bank, Cambridge - permission to establish a branch office at the Wal-Lex Shopping Center, 860 Lexington Street, Waltham - approved November 21, 2001.
10/31/2001 Establish Branch East Cambridge Savings Bank, Cambridge - permission to establish a branch office at the Wal-Lex Shopping Center, 860 Lexington Street, Waltham. Comment period ends November 19, 2001.