Equitable Cooperative Bank

Equitable Cooperative Bank was established in 1877, originally operating under the name Equitable Co-operative Bank without Federal Deposit Insurance Corporation (FDIC) insurance. Over the years, the bank underwent several significant changes. On February 17, 2004, the main office relocated to 400 Broadway in Lynn, Massachusetts. On July 30, 2016, the institution changed its name to Equitable Bank and merged with Equitable Bank, which was based in East Weymouth, Massachusetts. Following this merger, on April 1, 2019, the institution further changed its name to Coastal Heritage Bank. These transformations reflect the evolving nature of the institution in the competitive banking landscape of Massachusetts.

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

1877-01-01Institution established but was not FDIC insured. Original name: Equitable Co-operative Bank.

2004-02-17Main Office moved to 400 Broadway, Lynn, MA 01904.

2016-07-30Merged and became part of Equitable Bank (26591) in East Weymouth, MA.

2016-07-30Changed Institution Name to Equitable Bank.

2019-04-01Changed Institution Name to Coastal Heritage Bank.