Berkshires Bank Merger Births Trailmark Bank
Adams Community Bank and Pittsfield Cooperative Bank will become Trailmark Bank when the two institutions combine later in 2026, the two banks said this week.
Adams Community Bank and Pittsfield Cooperative Bank will become Trailmark Bank when the two institutions combine later in 2026, the two banks said this week.
The state’s second-biggest mutual holding company, Hometown Financial Group, Inc., says it’s converting to a stock bank as part of a deal to buy New Hampshire-based Primary Bank.
Ion Bank will be merging with The Cooperative Bank, with the latter operating as a division of the Connecticut-based institution.
What’s driving bank after Massachusetts-based bank to buy smaller New Hampshire lenders? Executives cite factors familiar to anyone who’s moved north, themselves.
First Seacoast Bank has agreed to be acquired by Cambridge Savings Bank, adding to the list of larger Bay State lenders making inroads in the Granite State.
As bank fraudsters get more professional, fraud losses mount – and have implications beyond local lenders IT departments, even extending to M&A.
Customers at what used to be Berkshire Bank and Brookline Bank locations will notice the new physical and digital look of their banking institution the next time they visit.
When Hanscom Federal Credit Union bought a Maryland bank last month, it did something that’s illegal for its state-chartered peers.
In their bank’s fourth quarter earnings call Friday morning, Eastern Bank executives stressed they aren’t focused on M&A this year.
Cornerstone Bank has completed its merger with Athol Savings Bank. Athol will retain its name and brand identity while being referred to as a division of Cornerstone Bank.
Massachusetts saw some major bank M&A deals in 2025, but five deals, in particular, helped grow local players’ deposit share.
Eastern Bank’s most high-profile leader was awarded with the “keys to the city” by Brockton Mayor Robert F. Sullivan just weeks after buying Brockton-based HarborOne Bank.
After his last employer merged with a major local competitor, Steven Mead now finds himself back leading commercial lending at a medium-sized community bank: East Cambridge Savings Bank.
PeoplesBank President and CEO Brian Canina says the Holyoke-based bank is eyeing Eastern Massachusetts growth in the coming years.
When Amesbury-based BankProv came up for sale, Needham Bank faced plenty of competition. Deal in hand, CEO Joseph Campanelli said, his bank is looking forward to “a lot more synergies than we anticipated.”
Raynham-based Bluestone Bank is merging its mutual holding company with that of Cape Cod 5 to create an $8.8 billion-asset organization.
Needham Bank now has official approval for its latest acquisition: Amesbury-based BankProv.
An activist investor has called for Eastern Bank to put itself up for sale and is threatening a proxy fight to install allies on the bank’s board of directors.
Rockland Federal Credit Union has entered an agreement to absorb Community Credit Union of Lynn, creating a $3.6 billion-asset lender with 200,000 members.
Eastern said it expects to formalize the tie-up on Nov. 1, but a core systems conversion won’t take place until next year.