MountainOne-Mechanics Cooperative Merger OK’d
North Adams-based MountainOne Bank and Taunton-based Mechanics Cooperative Bank have received all regulatory approvals required to complete the merger of their mutual holding companies.
North Adams-based MountainOne Bank and Taunton-based Mechanics Cooperative Bank have received all regulatory approvals required to complete the merger of their mutual holding companies.
With its pending acquisition of Bluestone Bank, Mutual Bancorp will become the largest mutual holding company in Massachusetts but is operating in a relatively unique way under CEO Matthew Burke.
Reading Cooperative Bank and Wakefield Cooperative Bank say they will be entering into “a partnership” that will leave Reading Cooperative as the surviving brand.
Massachusetts mutual bank holding companies keep getting bigger, this time thanks to a Fitchburg-based community bank’s decision to join River Run Bancorp.