Commonwealth Bank
- Bank Name:Commonwealth Bank
- Bank Class:State Chartered - FED Member Bank
- Member FDIC:Certificate #29842
- Routing Number:ACH & Wire - 211072885
- Locations:3 Branches in Massachusetts
- Web Address:commonwealthcoop.com
Commonwealth Bank Information
Commonwealth Bank was founded in January 1886 and is based in Hyde Park, Massachusetts. According to the Federal Deposit Insurance Corporation records and based on the institution's charter type, Commonwealth Bank is classified as a commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB). Commonwealth Bank is a FDIC-insured bank with certificate number of 29842. The assigned Fed RSSD ID of Commonwealth Bank is 275479.
Commonwealth Bank currently operates with 3 branches located in Massachusetts. Commonwealth Bank is the 94th largest bank in Massachusetts. The bank does not have any offices outside Massachusetts.
A routing number is a nine-digit code used to identify a financial institution. The bank has one routing number in our database and the routing number for Commonwealth Bank is 211072885. This routing number is necessary to process ACH transfers, wire transactions, direct deposits, bill payments, and other monetary transfers within the US.
The full address of bank headquarters is 1172 River St, Hyde Park, MA 02136. You can visit the official website of the bank at https://www.commonwealthcoop.com for more information and online banking service if available. For a comprehensive list of Commonwealth Bank branches, including detailed information such as hours of operation, contact numbers, addresses, available services, and more, please narrow your search by selecting a location from the map or list below.
Map Of Branch Locations
Bank Offices In Massachusetts
History Of Commonwealth Bank
The Commonwealth Bank, originally established as Hyde Park Co-operative Bank in 1886, began operations without Federal Deposit Insurance Corporation (FDIC) insurance. The institution became FDIC insured on July 31, 1986. Over the years, it underwent several changes in organization and regulation. On April 19, 2001, the main office was relocated to 1172 River Street in Hyde Park, Massachusetts. In December 2008, the bank was renamed Commonwealth Co-operative Bank following its acquisition of another institution of the same name in Boston, Massachusetts. On July 21, 2011, the primary federal regulatory agency changed to the FDIC. The bank transitioned to a cooperative organization type and became a state-chartered bank, joining the Federal Reserve System on January 11, 2017.
Below is a list of some important events in bank's history, including mergers and acquisitions.
01-11-2017Changed Primary Federal Regulatory Agency to FED.
01-11-2017Changed Organization Type to Cooperative Bank.
01-11-2017Changed Bank Class to State Chartered Bank, member of the Federal Reserve System (FRS).
01-11-2017Institution becomes member of the Federal Reserve System.
07-21-2011Changed Primary Federal Regulatory Agency to FDIC.
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