BROOKLINE BANK

Brookline Bank, originally established as Brookline Savings Bank in 1871, has undergone several significant changes throughout its history. The institution initially focused on savings and community banking. In 1975, it officially changed its name to Brookline Savings Bank, reflecting its evolution and growth within the banking sector. The bank transitioned to a stock savings bank in 1998. Over the years, Brookline Bank has expanded its operations through a series of acquisitions, including the purchase of Coolidge Corner Co-operative Bank in Brookline, Massachusetts in 1991, Medford Co-operative Bank in Medford, Massachusetts in 2005, and First Commons Bank, National Association in Newton Center, Massachusetts in 2018. On July 31, 2019, it changed its organization type to a commercial bank. The bank's main office has also moved multiple times, most recently relocating to 2 Harvard Street in Brookline, Massachusetts on April 14, 2014. In February 2020, Brookline Bank acquired First Ipswich Bank in Ipswich, Massachusetts, further solidifying its market presence. Throughout its history, the bank has adjusted its regulatory oversight, including becoming a member of the Federal Reserve System in 2012 and changing its primary federal regulatory agency several times.

Below is a list of some important events in bank's history, including mergers and acquisitions.

02-15-2020Acquired First Ipswich Bank in Ipswich, MA.

07-31-2019Changed Organization Type to Commercial Bank.

03-01-2018Acquired First Commons Bank, National Association in Newton Center, MA.

04-14-2014Main Office moved to 2 Harvard Street, Brookline, MA 02445.

06-29-2012Changed Primary Federal Regulatory Agency to FED.