Santander to Acquire Webster Bank
The deal makes Santander’s Boston-based U.S. franchise a top-10 retail and commercial bank in the U.S. by assets and a top-five deposit franchise across the Northeast
MountainOne-Mechanics Cooperative Merger OK’d
North Adams-based MountainOne Bank and Taunton-based Mechanics Cooperative Bank have received all regulatory approvals required to complete the merger of their mutual holding companies.
BankProv Branches to Rebrand as Needham Bank Completes Merger
Needham Bank and BankProv announced that the merger of their mutual holding companies has been completed.
Eastern Bank Completes Acquisition of HarborOne
Boston-based Eastern Bank says it has completed its acquisition of Brockton-based HarborOne. The deal was officially closed shortly after midnight on Nov. 1.
Needham Bank and BankProv Merger Receives Approval
Needham Bank now has official approval for its latest acquisition: Amesbury-based BankProv.
Eastern Bank Gets Regulatory OK for HarborOne Acquisition
Eastern said it expects to formalize the tie-up on Nov. 1, but a core systems conversion won’t take place until next year.
Berkshire, Brookline Given Go-Ahead to Merge
Berkshire Bank and the multi-bank parent company for Brookline Bank announced they have received all required regulatory approvals to complete their $1.1 billion proposed merger.
Cornerstone Bank Merging With Athol Savings Bank
The merger would expand Cornerstone into North Central Massachusetts and comes less than a year after it merged with PeoplesBank.
Rockland Trust Completes Acquisition of Enterprise Bank
Rockland Trust has completed its acquisition of Enterprise Bank, with Enterprise shareholders receiving $1.3 million less in cash than originally anticipated.
Hometown Financial Group Buying Colonial Federal Savings Bank
North Shore Bank, part of Hometown Financial Group, will buy Quincy-based Colonial Federal Savings Bank in a $44 million deal.
Reading Cooperative Bank Merger Given Green Light
The merger of Reading Cooperative Bank and Wakefield Co-operative Bank has been approved by regulators and will officially close on May 1, the two banks announced Tuesday.
Latest Mass. Bank Merger Joins Berkshires, Taunton
Massachusetts’ newest mutual holding company combination will see banks on opposite sides of Massachusetts join forces.
Berkshire Bank Raises $100M to Support Brookline Merger
Berkshire Bank executive say the bank has raised $100 million in capital to support its upcoming merger with Brookline Bank.
Berkshire Bank and Brookline Bank Plan $1.1B Merger
According to a securities filing, the holding companies of Berkshire Bank and Brookline Bank are planning to join forces in a merger of equals.
Rockland Trust to Acquire Enterprise Bank
Rockland Trust has announced that it plans to acquire Enterprise Bank in a cash and stock transaction valued at $562 million.
Eastern Bank Outperforms Merger Expectations
In its third-quarter earnings call, Eastern Bank highlighted how it had outperformed merger expectations now that the Cambridge Trust merger is in the rearview mirror.
Abington Bank Finalizes Merger with North Shore Bank
This transaction is the seventh strategic merger for Hometown Financial Group in the last nine years.
Pittsfield-Arrha Merger Elicits Mixed Feelings from Industry Leaders
Springfield’s Arrha Credit Union will be merging into Pittsfield Cooperative Bank, with a prominent credit union leader expressing “disappointment.”
Arrha Credit Union, Pittsfield Cooperative Bank to Merge
Springfield-based Arrha Credit Union and Pittsfield Cooperative Bank are seeking to merge, the first example of this controversial deal type in Massachusetts in recent years.
Eastern-Cambridge Merger Moves Forward with New Board Members
Eastern Bank’s pending merger with Cambridge Trust has taken another step closer to completion with the recent appointment of four Cambridge Trust directors to Eastern’s board.
