Walden Mutual Bank Receives Regulatory Approval
The U.S. will soon see a new mutual bank launch for the first time in nearly 50 years: a New Hampshire-based de novo that plans to operate across New England and New York.
New Mutual Hopes to Pave Way for More De Novos
The backers of a new mutual bank under organization in New Hampshire say their effort could provide a template for a wave of new, mission-driven lenders and give a boost to existing mutual banks.
New Valley Bank & Trust to Expand Headquarters
One year after opening as Massachusetts’ first de novo bank in more than a decade, New Valley Bank & Trust plans to expand its headquarters by moving to a former United Bank branch.
Building a Bank from Scratch
Jeffrey Sullivan was part of a small group of long-time bankers who thought western Massachusetts needed more options for small business lending. To fix this, they decided to open Massachusetts’ first de novo bank in a decade.
Group Proposes First MA De Novo Bank in Nearly a Decade
For the first time in nearly a decade, there is a proposal to form a new bank in Massachusetts.
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