Commonwealth Bank

Commonwealth Bank was established on March 17, 1961, originally named Commonwealth Bank, FSB. Over the years, the institution underwent significant changes and mergers. On January 21, 2009, the main office was relocated to 101 Commonwealth Drive in Mount Sterling, Kentucky. Subsequently, on July 21, 2011, Commonwealth Bank changed its primary federal regulatory agency to The Office of the Comptroller of the Currency. In a significant transformation, on May 31, 2015, Commonwealth Bank changed its organization type to a Stock Savings Bank and subsequently merged with Town Square Bank located in Ashland, Kentucky, on the same date. Later, on December 7, 2018, the bank merged with City National Bank of West Virginia in Charleston, West Virginia, marking the end of Commonwealth Bank as an independent entity.

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

1961-03-17Institution established. Original name: Commonwealth Bank, Fsb.

2009-01-21Main Office moved to 101 Commonwealth Drive, Mount Sterling, KY 40353.

2011-07-21Changed Primary Federal Regulatory Agency to The Office of the Comptroller of the Currency.

2015-05-31Changed Organization Type to Stock Savings Bank.

2015-05-31Merged and became part of Town Square Bank in Ashland, KY.

2018-12-07Merged and became part of City National Bank of West Virginia in Charleston, WV.