Bank/CU Name: Institution for Savings in Newburyport and its Vicinity Charter Number: 90250
Charter Type: Savings Bank – Mutual Holding Company Main Office: 93 State Street , Newburyport, MA 01950-0510 Phone: 978-462-3106
Charter Date: 1/31/1820 Federal Regulator: FDIC Fax: 978-462-1980
Activity Date Activity Type Description
12/30/2022 Reorganization into Mutual Holding Company (MHC) Institution for Savings in Newburyport and its Vicinity, Newburyport - permission to reorganize into a mutual holding company, IFS 1820 Bancorp, MHC, in a multi-step transaction. Following the reorganization, the subsidiary bank of the new mutual holding company would continue to operate under the name Institution for Savings in Newburyport and its Vicinity - approved December 15, 2022.
11/30/2022 Reorganization into Mutual Holding Company (MHC) Institution for Savings in Newburyport and its Vicinity, Newburyport - permission to reorganize into a mutual holding company, IFS 1820 Bancorp, MHC, in a multi-step transaction. Following the reorganization, the subsidiary bank of the new mutual holding company would continue to operate under the name Institution for Savings in Newburyport and its Vicinity. Comment period ended June 23, 2022.
10/31/2022 Reorganization into Mutual Holding Company (MHC) Institution for Savings in Newburyport and its Vicinity, Newburyport - permission to reorganize into a mutual holding company, IFS 1820 Bancorp, MHC, in a multi-step transaction. Following the reorganization, the subsidiary bank of the new mutual holding company would continue to operate under the name Institution for Savings in Newburyport and its Vicinity. Comment period ended June 23, 2022.
9/30/2022 Reorganization into Mutual Holding Company (MHC) Institution for Savings in Newburyport and its Vicinity, Newburyport - permission to reorganize into a mutual holding company, IFS 1820 Bancorp, MHC, in a multi-step transaction. Following the reorganization, the subsidiary bank of the new mutual holding company would continue to operate under the name Institution for Savings in Newburyport and its Vicinity. Comment period ended June 23, 2022.
8/31/2022 Reorganization into Mutual Holding Company (MHC) Institution for Savings in Newburyport and its Vicinity, Newburyport - permission to reorganize into a mutual holding company, IFS 1820 Bancorp, MHC, in a multi-step transaction. Following the reorganization, the subsidiary bank of the new mutual holding company would continue to operate under the name Institution for Savings in Newburyport and its Vicinity. Comment period ended June 23, 2022.
7/29/2022 Reorganization into Mutual Holding Company (MHC) Institution for Savings in Newburyport and its Vicinity, Newburyport - permission to reorganize into a mutual holding company, IFS 1820 Bancorp, MHC, in a multi-step transaction. Following the reorganization, the subsidiary bank of the new mutual holding company would continue to operate under the name Institution for Savings in Newburyport and its Vicinity. Comment period ended June 23, 2022.
6/30/2022 Reorganization into Mutual Holding Company (MHC) Institution for Savings in Newburyport and its Vicinity, Newburyport - permission to reorganize into a mutual holding company, IFS 1820 Bancorp, MHC, in a multi-step transaction. Following the reorganization, the subsidiary bank of the new mutual holding company would continue to operate under the name Institution for Savings in Newburyport and its Vicinity. Comment period ended June 23, 2022.
5/31/2022 Reorganization into Mutual Holding Company (MHC) Institution for Savings in Newburyport and its Vicinity, Newburyport - permission to reorganize into a mutual holding company, IFS 1820 Bancorp, MHC, in a multi-step transaction. Following the reorganization, the subsidiary bank of the new mutual holding company would continue to operate under the name Institution for Savings in Newburyport and its Vicinity. Comment period ends June 23, 2022.
1/31/2022 Establish Branch Institution for Savings in Newburyport and its Vicinity, Newburyport - notice to establish a branch office at 12 Peabody Square, Peabody - non-objection issued January 27, 2022.
12/31/2021 Establish Branch Institution for Savings in Newburyport and its Vicinity, Newburyport - notice to establish a branch office at 12 Peabody Square, Peabody. Filed December 22, 2021.
8/31/2020 Close Branch Institution for Savings in Newburyport and its Vicinity, Newburyport - permission to close its branch offices located at (1) Beverly High School, 100 Sohier Road, Beverly; (2) Ipswich High School, 134 High Street, Ipswich; (3) Masconomet Regional High School, 20 Endicott Road, Topsfield; (4) Newburyport High School, 241 High Street, Newburyport; and (5) Triton Regional High School, 112 Elm Street, Byfield - approved August 6, 2020.
7/31/2020 Close Branch Institution for Savings in Newburyport and its Vicinity, Newburyport - permission to close its branch offices located at (1) Beverly High School, 100 Sohier Road, Beverly; (2) Ipswich High School, 134 High Street, Ipswich; (3) Masconomet Regional High School, 20 Endicott Road Topsfield; (4) Newburyport High School, 241 High Street, Newburyport; and (5) Triton Regional High School, 112 Elm Street, Byfield. Comment period ended June 29, 2020.
8/31/2018 Establish Branch Institution for Savings in Newburyport and its Vicinity, Newburyport - notice to establish a branch office at 6 Paradise Road, Salem - non-objection issued August 17, 2018.
7/31/2018 Establish Branch Institution for Savings in Newburyport and its Vicinity, Newburyport - notice to establish a branch office at 6 Paradise Road, Salem. Filed July 23, 3018.
2/28/2018 Establish Branch Institution for Savings in Newburyport and its Vicinity, Newburyport - notice to establish a branch office at 150 Main Street, Amesbury - non-objection issued February 28, 2018.
1/31/2018 Establish Branch Institution for Savings in Newburyport and its Vicinity, Newburyport - notice to establish a branch office at 150 Main Street, Amesbury. Filed January 31, 2018.
11/30/2017 Close Branch Institution for Savings in Newburyport and its Vicinity, Newburyport - permission to close its branch office located at 16 Main Street, Rockport - approved November 9, 2017.
10/31/2017 Close Branch Institution for Savings in Newburyport and its Vicinity, Newburyport - permission to close its branch office located at 16 Main Street, Rockport. Comment period ends November 2, 2017.
12/30/2016 Establish Branch Institution for Savings in Newburyport and its Vicinity, Newburyport - notice to establish a branch office at 545 Bay Road, Hamilton - non-objection issued December 20, 2016.
11/30/2016 Establish Branch Institution for Savings in Newburyport and its Vicinity, Newburyport - notice to establish a branch office at 545 Bay Road, Hamilton. Filed November 29, 2016.
9/30/2015 Establish Branch Institution for Savings in Newburyport and its Vicinity, Newburyport - notice to establish a branch office at 7 Elm Street, Boxford - non-objection issued September 18, 2015.
8/31/2015 Establish Branch Institution for Savings in Newburyport and its Vicinity, Newburyport - notice to establish a branch office at 7 Elm Street, Boxford. Filed August 20, 2015.
12/31/2014 Establish Branch Institution for Savings in Newburyport and its Vicinity, Newburyport - notice to establish a branch office at 161 South Main Street, Suite 100, Middleton - non-objection issued December 18, 2014.
11/28/2014 Establish Branch Institution for Savings in Newburyport and its Vicinity, Newburyport - notice to establish a branch office at 161 South Main Street, Suite 100, Middleton. Filed November 26, 2014.
8/29/2014 Establish a BHC Institution for Savings in Newburyport and its Vicinity (Institution for Savings), Newburyport - permission to become a bank holding company as part of a multi-step transaction to acquire Rockport National Bancorp, Inc., Rockport and its wholly-owned subsidiary bank, Rockport National Bank, Rockport through RNB Acquisition Corp. (in organization), a Massachusetts corporation to be formed as a wholly-owned subsidiary of Institution for Savings - approved August 20, 2014.
8/29/2014 Merger Institution for Savings in Newburyport and its Vicinity (Institution for Savings), Newburyport - permission to purchase all of the assets and assume all of the deposits and other liabilities of Rockport National Bank (Rockport), Rockport. The main office of Institution for Savings would remain the main office of the continuing institution and the banking offices of Rockport would be retained as branch offices - approved August 20, 2014.
7/31/2014 Merger Institution for Savings in Newburyport and its Vicinity (Institution for Savings), Newburyport - permission to purchase all of the assets and assume all of the deposits and other liabilities of Rockport National Bank (Rockport), Rockport. The main office of Institution for Savings would remain the main office of the continuing institution and the banking offices of Rockport would be retained as branch offices. Comment period ended July 25, 2014.
7/31/2014 Establish a BHC Institution for Savings in Newburyport and its Vicinity (Institution for Savings), Newburyport - permission to acquire Rockport National Bancorp, Inc., Rockport and its wholly-owned subsidiary bank, Rockport National Bank, Rockport through RNB Acquisition Corp (in organization), a Massachusetts corporation to be formed as a wholly-owned subsidiary of Institution for Savings. Comment period ended July 25, 2014.
6/30/2014 Establish a BHC Institution for Savings in Newburyport and its Vicinity (Institution for Savings), Newburyport - permission to acquire Rockport National Bancorp, Inc., Rockport and its wholly-owned subsidiary bank, Rockport National Bank, Rockport through RNB Acquisition Corp (in organization), a Massachusetts corporation to be formed as a wholly-owned subsidiary of Institution for Savings. Comment period ends July 25, 2014.
6/30/2014 Merger Institution for Savings in Newburyport and its Vicinity (Institution for Savings), Newburyport - permission to purchase all of the assets and assume all of the deposits and other liabilities of Rockport National Bank (Rockport), Rockport. The main office of Institution for Savings would remain the main office of the continuing institution and the banking offices of Rockport would be retained as branch offices. Comment period ends July 25, 2014.
11/30/2012 Establish Branch Institution for Savings in Newburyport and its Vicinity, Newburyport - notice to establish a branch office within Masconomet Regional High School, 20 Endicott Street, Topsfield - non-objection issued November 15, 2012.
10/31/2012 Establish Branch Institution for Savings in Newburyport and its Vicinity, Newburyport - notice to establish a branch office within Masconomet Regional High School, 20 Endicott Street, Topsfield. Filed October 12, 2012.
1/31/2012 Establish Branch Institution for Savings in Newburyport and its Vicinity, Newburyport - notice to establish a branch office at 5 Main Street, Topsfield - non-objection issued January 31, 2012.
9/30/2011 Establish Branch Institution for Savings in Newburyport & its Vicinity, Newburyport - notice to establish a branch office within Newburyport High School, 241 High Street, Newburyport - non-objection issued September 23, 2011.
8/31/2010 Establish Branch Institution for Savings in Newburyport and its Vicinity, Newburyport - notice to establish a branch office at 112 County Road, Ipswich - non-objection issued August 23, 2010.
4/30/2008 Establish Branch Institution for Savings in Newburyport and its Vicinity, Newburyport - notice to establish a branch office at Triton Regional High School, 112 Elm Street, Byfield - non-objection issued April 23, 2008.
4/30/2007 Merger Institution for Savings in Newburyport and its Vicinity ("Institution for Savings"), Newburyport, Massachusetts and Ipswich Co-operative Bank ("Ipswich"), Ipswich, Massachusetts - permission to merge under the charter, by-laws and name of Institution for Savings. The main office of Institution for Savings would remain the main office of the continuing institution and the banking offices of Ipswich would be retained as branch offices - approved April 12, 2007.
3/30/2007 Merger Institution for Savings in Newburyport and its Vicinity ("Institution for Savings"), Newburyport, Massachusetts and Ipswich Co-operative Bank ("Ipswich"), Ipswich, Massachusetts - permission to merge under the charter, by-laws and name of Institution for Savings. The main office of Institution for Savings would remain the main office of the continuing institution and the banking offices of Ipswich would be retained as branch offices. Comment period ended March 19, 2007.
2/28/2007 Merger Institution for Savings in Newburyport and its Vicinity ("Institution for Savings"), Newburyport, Massachusetts and Ipswich Co-operative Bank ("Ipswich"), Ipswich, Massachusetts - permission to merge under the charter, by-laws and name of Institution for Savings. The main office of Institution for Savings would remain the main office of the continuing institution and the banking offices of Ipswich would be retained as branch offices. Comment period ends March 19, 2007.
8/31/2005 Establish Branch Institution for Savings In Newburyport and Its Vicinity - notice to establish a branch office at 7 Bridge Road, Salisbury - non-objection issued August 22, 2005.
5/28/2004 Application to Sell Insurance Application to Sell Insurance - approved May 11, 2004
4/30/2004 Application to Sell Insurance Application to Sell Insurance - pending