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.
Raynham-based Bluestone Bank is merging its mutual holding company with that of Cape Cod 5 to create an $8.8 billion-asset organization.
Banking regulators have given the nod to Rollstone Bank & Trust in its effort to join River Run Bancorp, a two-bank mutual holding company in the Merrimack Valley.