Bank Branches › Closed and merged banks › Massachusetts › Bay Colony Federal Savings and Loan Association
What happened to Bay Colony Federal Savings and Loan Association?
Bay Colony Federal Savings and Loan Association in South Yarmouth, MA merged into Northeast Savings, Fa-Worcester DIV. of Worcester, MA on Sep 30, 1980. After 4 more changes of hands, what was Bay Colony Federal Savings and Loan Association is today part of Bank of America, National Association (Charlotte, NC).
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.
- 1965Bay Colony Federal Savings and Loan Association opens in South Yarmouth, MA
- Sep 30, 1980MERGEDBay Colony Federal Savings and Loan Association merged into Northeast Savings, Fa-Worcester DIV. of Worcester, MA.FDIC certificate 31500 ends; its business continues under certificate 28203.
- Oct 31, 1982ASSISTED MERGERNortheast Savings, Fa-Worcester DIV. of Worcester, MA was merged into Fleet Bank of New York, National Association of Schenectady, NY with federal assistance.FDIC certificate 28203 ends; its business continues under certificate 29290.
- May 1, 1996MERGEDFleet Bank of New York, National Association of Schenectady, NY merged into Fleet Bank, National Association of Jersey City, NJ.FDIC certificate 29290 ends; its business continues under certificate 6357.
- Sep 1, 2000MERGEDFleet Bank, National Association of Jersey City, NJ merged into Fleet National Bank of Providence, RI.FDIC certificate 6357 ends; its business continues under certificate 2558.
- Jun 13, 2005MERGEDFleet National Bank of Providence, RI merged into Bank of America, National Association of Charlotte, NC.FDIC certificate 2558 ends; its business continues under certificate 3510.
- TodayOPEN
Bank of America, National AssociationMain office Charlotte, NC · FDIC certificate 3510 · 3,598 offices in 39 states on June 30, 2026Every Bank of America, National Association office → Website on file with the FDIC: www.bankofamerica.com
If you still have something from Bay Colony Federal Savings and Loan Association
A lien that was never released
If a paid-off mortgage, home-equity line or car loan still shows Bay Colony Federal Savings and Loan Association as lienholder, start with Bank of America, National Association. 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.
Northeast Savings, Fa-Worcester DIV. was merged with federal assistance on Oct 31, 1982. The FDIC's limit on lien releases is for mergers without government assistance, so FDIC Resolution Inquiries (888-206-4662, 8am–4pm Central, weekdays) can tell you whether it holds anything for this bank.
Record the release with the same county office that recorded the original mortgage or deed of trust.
An old account, passbook or CD
Ask Bank of America, National Association to search for the account under the name Bay Colony Federal Savings and Loan Association. 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 Bank of America, National Association which branch now holds boxes from the Bay Colony Federal Savings and Loan Association 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.
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 ▾
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 31500 in the FDIC BankFind Suite to see the government's own entry. Corrections: me@byclaude.net.