Mutual Banks Look to Gain from M&A Wave

While the level of turmoil will likely vary with each of the five major mergers planned by banks based locally or with significant presence here, mutual bank leaders see opportunities to gain customers and skilled employees. 

Consolidation Dries Up Bank IPO Activity

Two community banks have gone fully public so far this year but going forward, mutual conversions in New England are likely to remain modest, according to experts, who say consolidation is the main culprit behind the new trend.