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Bank Branches › Closed and merged banks › Massachusetts › Compass Bank for Savings

FDIC certificate 23291 · New Bedford, MA

What happened to Compass Bank for Savings?

Compass Bank for Savings in New Bedford, MA merged into Sovereign Bank of Wilmington, DE on Jul 23, 2004. That bank is now called Santander Bank, N.A. (Wilmington, DE).

1855
opened
2004
merged away
1
name it used
1
step to today's bank

The chain, step by step

From the day it opened to the bank at the end of the chain today. Each step is one entry in the FDIC's record.

  1. 1855
    Compass Bank for Savings opens in New Bedford, MA
  2. Jul 23, 2004
    MERGEDCompass Bank for Savings merged into Sovereign Bank of Wilmington, DE.FDIC certificate 23291 ends; its business continues under certificate 29950.
  3. Today
    OPEN
    Santander Bank, N.A.Main office Wilmington, DE · FDIC certificate 29950 · 368 offices in 9 states on June 30, 2026

    Every Santander Bank, N.A. office →   Website on file with the FDIC: www.santander.com

If you still have something from Compass Bank for Savings

A lien that was never released

If a paid-off mortgage, home-equity line or car loan still shows Compass Bank for Savings as lienholder, start with Santander Bank, N.A.. In a merger the surviving bank takes over the other bank's loans, so it is the bank to ask for a recordable lien release; if the loan was sold along the way, it can tell you to whom.

The FDIC says it cannot process lien releases for banks that merged or were acquired without government assistance, which is what the record shows here.

Record the release with the same county office that recorded the original mortgage or deed of trust.

An old account, passbook or CD

Ask Santander Bank, N.A. to search for the account under the name Compass Bank for Savings. A passbook or certificate shows an account existed. It doesn't show the money is still there, and the OCC notes that federal rules require banks to keep most account records for five years.

Accounts nobody touches are eventually turned over to a state. The OCC puts the usual wait at three to five years with no activity, set by each state's law. Search the unclaimed-property program of the state of the owner's last known address on the bank's records, and any other state they lived in. It is free to search and to claim through a state's own site, and MissingMoney.com, an official site of the state administrators' association, searches most states at once.

A safe deposit box

Ask Santander Bank, N.A. which branch now holds boxes from the Compass Bank for Savings office you used. The OCC says a box with no activity for three to five years (the period is set by state statute) is likely treated as dormant, and its contents may be turned over to the state's unclaimed-property program.

Box contents are not covered by FDIC insurance.

Not sure this is your bank?

Many banks shared a name. Match the city and the years above against your paperwork, or search again with the town.

Credit unions were never FDIC-insured and are not in this record; the NCUA credit union lookup covers those. Banks that closed before about 1970 are not in the FDIC's list either.

One caution: banks also sell single branches. If the office you used was sold to a different bank along the way, the account went with the branch, not with this chain. The office list below shows which bank each office reports under now.

This page is drawn from FDIC records and federal guidance. It is not legal advice, and BankBranches is not a bank or a government office. More detail: lien releases · old passbooks and CDs · safe deposit boxes · unclaimed money.

Where the guidance comes from ▾

Its offices in the FDIC deposit reports

76 offices filed under this charter in some year from 1994 on. 23 are still open as of June 30, 2026. Showing 40.

OfficeLast filed under itNow
585 Allen StNew Bedford, MA2004OpenSantander Bank, N.A.
2136 Acushnet AveNew Bedford, MA2004OpenSantander Bank, N.A.
533 Washington StAbington, MA2004OpenSantander Bank, N.A.
2895 Cranberry HwyEast Wareham, MA2004OpenSantander Bank, N.A.
21 Commerce WayPlymouth, MA2004OpenSantander Bank, N.A.
1337 Beacon StBrookline, MA2010OpenSantander Bank, N.A.
175 Center StPembroke, MA2004OpenSantander Bank, N.A.
620 Gar HwySwansea, MA2004OpenSantander Bank, N.A.
786 Main RdWestport, MA2004OpenSantander Bank, N.A.
301 N Main StRandolph, MA2004OpenSantander Bank, N.A.
561 Adams StMilton, MA2004OpenSantander Bank, N.A.
157 Summer StKingston, MA2004OpenSantander Bank, N.A.
310 Gifford StFalmouth, MA2010OpenSantander Bank, N.A.
125 Huttleston AveFairhaven, MA2004OpenSantander Bank, N.A.
331 Cotuit RdSandwich, MA2004OpenSantander Bank, N.A.
430 William Canning BoulevardFall River, MA2004OpenSantander Bank, N.A.
260 Edgartown RoadEdgartown, MA2004OpenSantander Bank, N.A.
1442 Dorchester AveDorchester, MA2004OpenSantander Bank, N.A.
51 Main StOrleans, MA2010OpenSantander Bank, N.A.
705 High StWestwood, MA2004OpenSantander Bank, N.A.
880 Plain StMarshfield, MA2004OpenSantander Bank, N.A.
1029 Route 28South Yarmouth, MA2004OpenSantander Bank, N.A.
55 Bassett Lane and North StreetHyannis, MA2004OpenSantander Bank, N.A.
279 Massachusetts AveBoston, MA2011No longer reported
1238 Kempton StreetNew Bedford, MA2010No longer reported
3 Oak Bluffs AvenueOak Bluffs, MA2010No longer reported
30 Barlows Landing RoadPocasset, MA2004No longer reported
423 Route 134South Dennis, MA2004No longer reported
715 West Main StreetHyannis, MA2004No longer reported
895 Main StreetChatham, MA2004No longer reported
50 Cohasset AvenueBuzzards Bay, MA2004No longer reported
100 Old Kings HighwaySandwich, MA2004No longer reported
1470 Orleans Road - Route 39East Harwich, MA2004No longer reported
1582 Lyanough Road-Route 132Hyannis, MA2004No longer reported
75 Washington StreetCanton, MA2004No longer reported
778 South Franklin StreetHolbrook, MA2004No longer reported
931 Main StreetWalpole, MA2004No longer reported
739 Chief Justice Cushing WaCohasset, MA2004No longer reported
300 Vfw Parkway/Dedham MallDedham, MA2004No longer reported
61 Lenox StreetNorwood, MA2004No longer reported

Banks folded into Compass Bank for Savings

5 banks merged directly into this charter; counting the banks those had absorbed earlier, 10 charters end up inside it.

BankEndedHow
Abington Savings BankAbington, MAApr 29, 2004merged
Bay State Federal Savings BankBrookline, MAMay 31, 2003merged
The Sandwich Co-operative BankSandwich, MADec 4, 1998merged
Martha's Vineyard National BankVineyard Haven, MADec 29, 1994merged
Plymouth Federal Savings AssociationPlymouth, MAMar 11, 1994failed

Source: FDIC BankFind institution and history records, read Nov 15, 2026. The FDIC's list covers banks that ended in about 1970 or later. Look up certificate 23291 in the FDIC BankFind Suite to see the government's own entry. Corrections: me@byclaude.net.