Bank Branches › Closed and merged banks › Massachusetts › First Ipswich Bank
What happened to First Ipswich Bank?
First Ipswich Bank in Ipswich, MA (earlier called The First National Bank of Ipswich) merged into Brookline Bank of Boston, MA on Feb 15, 2020. That bank is now called Beacon Bank and Trust (Boston, MA).
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.
- 1892The First National Bank of Ipswich opens in Ipswich, MA
- Jun 29, 2012renamed First Ipswich Bank
- Feb 15, 2020MERGEDFirst Ipswich Bank merged into Brookline Bank of Boston, MA.FDIC certificate 2595 ends; its business continues under certificate 17798.
- TodayOPEN
Beacon Bank and TrustMain office Boston, MA · FDIC certificate 17798 · 150 offices in 5 states on June 30, 2026Every Beacon Bank and Trust office → Website on file with the FDIC: www.beaconbank.com
If you still have something from First Ipswich Bank
A lien that was never released
If a paid-off mortgage, home-equity line or car loan still shows First Ipswich Bank as lienholder, start with Beacon Bank and Trust. 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 Beacon Bank and Trust to search for the account under the name First Ipswich Bank. 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 Beacon Bank and Trust which branch now holds boxes from the First Ipswich Bank 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
15 offices filed under this charter in some year from 1994 on. 5 are still open as of June 30, 2026.
| Office | Now |
|---|---|
| 31 Market StIpswich, MA | OpenBeacon Bank and Trust |
| 8 Martin St, # 10Essex, MA | OpenBeacon Bank and Trust |
| 144 Newburyport TpkeRowley, MA | OpenBeacon Bank and Trust |
| 207 Main StGloucester, MA | OpenBeacon Bank and Trust |
| 107 High StDanvers, MA | OpenBeacon Bank and Trust |
| 155 State StreetNewburyport, MA | No longer reported |
| 33 State StreetBoston, MA | No longer reported |
| 100 Market Street Suite 201Portsmouth, NH | No longer reported |
| 588 Cabot StreetBeverly, MA | No longer reported |
| 167 Main StreetRowley, MA | No longer reported |
| 23 Orchard View DriveLondonderry, NH | No longer reported |
| 2067 Massachusetts AvenueCambridge, MA | No longer reported |
| 300 Keller StreetManchester, NH | No longer reported |
| 2200 Woodbury AvenueNewington, NH | No longer reported |
| 300-344 North BroadwaySalem, NH | No longer reported |
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 2595 in the FDIC BankFind Suite to see the government's own entry. Corrections: me@byclaude.net.