BankFive
- Bank Name:BankFive
- Bank Class:State Chartered - FED Member Bank
- Member FDIC:Certificate #23286
- Routing Number:ACH & Wire - 211370642
- Locations:13 Branches in 2 states
- Web Address:bankfive.com
BankFive Information
BankFive was founded in April 1855 and is based in Fall River, Massachusetts. The bank operates as a subsidiary of Bankfive, Mhc. According to the Federal Deposit Insurance Corporation records and based on the institution's charter type, BankFive is classified as a commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB). BankFive is a FDIC-insured bank with certificate number of 23286. The assigned Fed RSSD ID of BankFive is 833404.
BankFive currently operates with 13 branches located in 2 states. The bank has most branches in Massachusetts and Rhode Island. BankFive is the 31st largest bank in Massachusetts with 12 branches; 16th in Rhode Island with 1 branches.
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 BankFive is 211370642. 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 79 North Main Street, Fall River, MA 02720. You can visit the official website of the bank at https://www.bankfive.com for more information and online banking service if available. For a comprehensive list of BankFive 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
History Of BankFive
BankFive is a financial institution that has undergone several changes throughout its history. It became federally insured by the Federal Deposit Insurance Corporation (FDIC) on January 2, 1981, at which time its FDIC certificate number was also updated. The organization transitioned to a Stock Savings Bank on June 30, 2005. Later, on July 13, 2007, BankFive expanded its operations by acquiring Luzo Community Bank located in New Bedford, Massachusetts. Significant regulatory changes occurred on August 11, 2014, when the institution changed its primary federal regulatory agency to the Federal Reserve and became a member of the Federal Reserve System (FRS). Concurrently, BankFive changed its bank classification to become a state-chartered bank.
Below is a list of some important events in bank's history, including mergers and acquisitions.
08-11-2014Changed Primary Federal Regulatory Agency to FED.
08-11-2014Changed Bank Class to State Chartered Bank, member of the Federal Reserve System (FRS).
08-11-2014Institution becomes member of the Federal Reserve System.
07-13-2007Acquired Luzo Community Bank in New Bedford, MA.
06-30-2005Changed Organization Type to Stock Savings Bank.
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