PATRIOT COMMUNITY BANK

Patriot Community Bank was established on April 3, 2006, in Massachusetts, initially operating as a state-chartered bank. Over the years, the institution underwent several regulatory changes, including a transition to a state-chartered bank and becoming a member of the Federal Reserve System on January 6, 2012, when it also changed its primary federal regulatory agency to the Federal Reserve. In July 2008, the bank modified its trust powers to a limited capacity. On July 31, 2022, Patriot Community Bank relocated its main office to 237 Lexington Street in Woburn, Massachusetts. Subsequently, on August 1, 2022, the bank merged with East Cambridge Savings Bank, becoming part of that financial institution based in Cambridge, Massachusetts.

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

DATEEVENT

2006-04-03Institution established. Original name: Patriot Community Bank.

2008-07-25Changed Trust Powers to Limited.

2012-01-06Institution becomes member of the Federal Reserve System.

2012-01-06Changed Bank Class to State Chartered Bank, member of the Federal Reserve System (FRS).

2012-01-06Changed Primary Federal Regulatory Agency to FED.

2022-07-31Main Office moved to 237 Lexington St, Woburn, MA 01801.

2022-08-01Merged and became part of East Cambridge Savings Bank in Cambridge, MA.