Cornerstone Bank Completes Merger with Athol Savings Bank
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.
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.
PeoplesBank President and CEO Brian Canina says the Holyoke-based bank is eyeing Eastern Massachusetts growth in the coming years.
As CEO of PeoplesBank, Tom Senecal has led the mutual bank through some huge changes in the last 10 years, and helped set its course for the future.
After 30 years at PeoplesBank, chairman and CEO Tom Senecal announced that he will retire at the end of 2025.
The merger would expand Cornerstone into North Central Massachusetts and comes less than a year after it merged with PeoplesBank.
PeoplesBank and Cornerstone Bank say they have completed the merger of their holding companies into one $6 billion-asset entity.
The fall opened with flurry of bank M&A in Massachusetts, and more deals could be on the horizon as the Federal Reserve follows through on promised rate cuts.
Western Massachusetts’ biggest local bank and a prominent Worcester-area community bank say they plan to merge holding companies, the latest pair of mutual banks to combine using this increasingly popular method.
Fitchburg’s Rollstone Bank gave $10,000 to Ginny’s Helping Hand to help fund food, clothing and other daily basics for people in need in Leominster. See who else gave back.
Who’s on the move? From new VPs to fresh project managers, see who’s been hired, promoted and honored: It’s The Personnel File.
The Bay State’s banks are back at it, donating thousands of dollars to community nonprofits.
Who’s on the move? From new VPs to fresh project managers, see who’s been hired, promoted and honored: It’s The Personnel File.
Who’s on the move? From new VPs to fresh project managers, see who’s been hired, promoted and honored: It’s The Personnel File.
Cornerstone Bank has opened its first interactive teller machine, or video teller-assisted ATM, in Worcester, which is a first of many, a bank executive said.
Worcester County’s Cornerstone Bank is facing off in a fight for deposits against some of the same giant banks where its head of retail banking, Altaf Ahmed, worked for 20 years.
High interest rates on deposit products helped several smaller local banks come away from the spring banking turmoil with big hauls. But can they keep those new customers now that the crisis has passed?
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.
Somerville-based Naveo Credit Union employees dressed up in costumes on Monday, October 31 and raised over $160 for The Leukemia & Lymphoma Society during their Costumed for a Cure event.
From new VPs to fresh project managers, see who’s been hired, promoted and honored: it’s The Personnel File.