Mutual Holding Company Deals Hit Milestone
With its pending acquisition of Bluestone Bank, Mutual Bancorp will become the largest mutual holding company in Massachusetts but is operating in a relatively unique way under CEO Matthew Burke.
Fidelity Bank Adds Community Banking Director
Fidelity Bank has appointed Thomas Galvani as director of community banking for the Leominster-based institution.
Bluestone Bank Joins with Cape Cod 5
Raynham-based Bluestone Bank is merging its mutual holding company with that of Cape Cod 5 to create an $8.8 billion-asset organization.
New Leadership Elected at Mass. Bankers
Bluestone Bank’s president and CEO will be the next the board chair for the trade group representing the state’s banks. Several other top names in the local banking industry also assumed leadership roles on the group’s board.
Personnel File – No. 332
Who’s on the move? From new VPs to fresh project managers, see who’s been hired, promoted and honored: It’s the latest edition of Banker & Tradesman’s Personnel File.
Bluestone Bank’s McIsaac Named CEO
Meg McIsaac has been the bank’s president since Bluestone Bank was formed after the merger of Bridgewater Savings Bank and Mansfield Bank in October 2020.
Community Good Works
City Realty Group Managing Partners Fred Starikov and Stephen Whalen visited the AME Zion Church in Boston, part of Boston-based CRG’s yearly tradition of donating turkeys and pies to help those in need.
CRE Lending Powers Fast Community Bank Growth
Local lenders have emerged as big winners from the 65 percent year-over-year- growth in commercial mortgage volumes statewide this year. But the risk of a recession is causing some to grow more cautious.
Personnel File – No. 269
From new VPs to fresh project managers, see who’s been hired, promoted and honored: it’s The Personnel File.
Personnel File
From new VPs to fresh project managers, see who’s been hired, promoted and honored: it’s The Personnel File.
Community Good Works
From a major gift aimed at saving lives to one that will sustain a special community, local banks and a local credit union gave back in recent weeks.
Personnel File
From new VPs to fresh project managers, see who’s been hired, promoted and honored: it’s The Personnel File.
Mergers Offer Two Mutual Banks Paths Forward
A pair of mergers between four Massachusetts banks are opening new doors for growth, their leaders say, despite the challenges they faced in merging cultures amid the COVID-19 pandemic.
Personnel File
From new VPs to fresh project managers, see who’s been hired, promoted and honored: it’s The Personnel File.
COVID-19 Surge Drives Bank Lobby Closings
With the surge in coronavirus cases continuing, some Massachusetts banks and credit unions have once again started shutting down their lobbies.
Bluestone Bank Formed by Merger of Mutual Banks
Southeastern Massachusetts will see familiar bank branches with a new name as the merger of two longstanding mutual banks creates a new bank.
