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.
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.
Southeastern Massachusetts will see familiar bank branches with a new name as the merger of two longstanding mutual banks creates a new bank.
While cost and economic pressures drive some bank mergers, that’s not the case for the recently announced plan to combine Bridgewater Savings Bank and Mansfield Bank.
Bridgewater Savings Bank and Mansfield Bank announced on Wednesday plans to merge the two southeastern Massachusetts mutual banks.
Members of the banking and real estate communities have been on the move in recent weeks. See who’s been promoted and hired!
In this week’s roundup, banks, law firms and construction firms promote and hire new talent.
John R. Korona, president and CEO of Mansfield Bank since 2004, will retire at the end of this year.
A Boston man pleaded guilty today in federal court in Boston to robbing a branch of the RTN Federal Credit Union in Brookline and a branch of Mansfield Bank in West Bridgewater in November 2016.