City of Boston CU Planning to Acquire Two Small CUs
City of Boston Credit Union will be busy this holiday season.
Second Time’s the Charm: MVCU and BCU Approve Merger
Nearly eight months after first applying, the merger between Merrimack Valley Credit Union and Bridgewater Credit Union has finally passed. The deal will still require regulatory approvals and is not expected to be complete until early 2019.
MVCU and BCU Attempt Merger for Second Time
With its state charter now approved, Merrimack Valley Credit Union is pursuing its merger with Bridgewater Credit Union for the second time this year.
Medford and Everett Credit Unions Plan Merger
Two credit unions North of Boston are planning to join forces.
South Shore Banks to Merge
Two small, depositor-owned banks on the South Shore have agreed to merge.
People’s United Bank to Acquire Farmington Bank
The largest state-chartered bank in Connecticut has just gobbled up one of the state’s largest community banks.
Merger Application for Merrimack Valley and Bridgewater CUs Withdrawn
A proposed merger that would have created one of the top 10 largest credit unions in the state appears to have fallen apart.
Liberty Bay Credit Union Integrates Hingham Federal Credit Union
Although the two institutions legally completed a merger almost a year ago, Liberty Bay Credit Union has at last integrated Hingham Federal Credit Union and opened as one institution earlier this week.
Sagan Realtors Merges with Harborside Sotheby’s International
Sagan Realtors and Harborside Sotheby’s International Realty have merged and will now operate as Sagan Harborside Sotheby’s International Realty. The merger strengthens the agency’s presence in Swampscott and Marblehead and further expands its reach across Essex County.
BMS Team Joins Compass
Rumors of Benoit Mizner Simon & Co.’s acquisition by Compass appear to be unfounded – for now – but six of the brokerage’s agents have departed for the technology-backed firm.
Fidelity National Financial to Acquire Stewart Information Services
Fidelity National Financial Inc. announced yesterday that it has signed a merger agreement to acquire Stewart Information Services Corp. for $50 per share of common stock, subject to potential adjustment, representing an equity value of approximately $1.2 billion.
Merrimack Valley and Bridgewater Credit Unions to Merge
Merrimack Valley Credit Union is planning to absorb Bridgewater Credit Union in a proposed merger that will make the new entity one of the top 10 largest credit unions in the state by total assets.
Brookline Bank Parent’s Acquisition of First Commons Bank Expected to Close March 1
The parent company of Brookline Bank has received regulatory approval to acquire First Commons Bank. The transaction is expected to close March 1.
Mortgage Equity Partners Merges with Stepstone Mortgage
Lynnfield-based Mortgage Equity Partners has combined forces with Stepstone Mortgage in a merger finalized at the beginning of the month.
Proposed Merger Would Create Largest Credit Union in Maine
Two credit unions in Maine are planning to merge, a move that would make the combined entity the largest credit union in the state.
Bristol County Savings Bank and Ricciardi Financial Group Merge, Create New Wealth Division
Taunton-based Bristol County Savings Bank will merge the bank’s financial advisory services division with Ricciardi Financial Group to create Bristol Wealth Group, the bank announced yesterday.
NHMB Adds Savings Bank Of Walpole As Current CEO Prepares To Retire
New Hampshire Mutual Bancorp, the holding company of Merrimack County Savings Bank, Meredith Village Savings Bank and MillRiver Wealth Management, signed an agreement Thursday to add Savings Bank of Walpole to its ranks, in a deal that will allow the Walpole, New Hampshire-based institution to retain its name and state charter.
CVS Health To Acquire Aetna For $69B In Year’s Largest Acquisition
U.S. drugstore chain operator CVS Health Corp. said on Sunday it had agreed to acquire Hartford, Connecticut-based U.S. health insurer Aetna Inc. for $69 billion, seeking to tackle soaring health care spending through lower-cost medical services in pharmacies.
Proposal Would Allow State Banks To Convert Or Merge Into Credit Union
State chartered credit unions in Massachusetts have for a while been allowed to convert into a bank or merge into a bank. But those acts could not technically be reciprocated.
South Shore Bank And Braintree Cooperative Bank Complete Merger
South Shore Bank and Braintree Cooperative Bank yesterday received regulatory and legal approval to merge operations under the South Shore Bank name.
