Norwood Trust Company was started as the Norwood National Bank on January 1, 1907, in a building on the corner of Washington and Vernon Streets.
In July 1917, it was announced that the Norwood National Bank, with $100,000 in capital, was to be liquidated and would be succeeded by the Norwood Trust Company. The liquidating committee consisted of C. T. Wheelock and C. A. Rathbone.
Judge James Halloran, who was a director of the Norwood National Bank, was named Vice President of the Norwood Trust Company in 1918.
The Norwood Trust Company and the Norfolk County Trust Company merged on June 30, 1945. The business of Norwood Trust Company continued as the Norwood Office of Norfolk County Trust Company.
The bank has undergone many changes and had many names in the 100+ years since then. It is currently vacant and up for sale.
On This Day In Norwood History
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Norwood Hospital Expansion Likely to Target Civic Center Site-July 13, 1976
The expansion aims to address the critical need for increased bed capacity, support services, and advanced medical units, as outlined by consulting firm Medicus Planning, Inc.
Lithuanian Club Closed After Ceiling Collapses-July 12, 1977
Three men narrowly escaped injury when the ceiling of the historic 75-year-old building crashed to the floor, forcing an immediate safety closure.
Norwood’s Resilience and Strong Comeback Bring Victory Over Westwood in Zone 6A American Legion Baseball-July 12, 1989
In a testament to their resilience and determination, Pete Wall’s Norwood team scores seven runs in the fourth inning to take a 10-3 victory over Westwood.
Norwood’s Second Annual “Tiot” Relay Race Raises Funds for Youth Recreation-July 12, 1976
Sponsored by the Ponderosa Lounge, the successful community fundraiser combined athletic competition with a picnic to benefit local recreational projects.
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