State Hub
Bank Events in Massachusetts
Every FDIC-insured bank failure, merger or acquisition involving a bank, credit union or bank holding company, and regulatory enforcement action affecting banks headquartered in Massachusetts (MA).
Failures in Massachusetts
| Date | Bank | Assets |
|---|---|---|
| Feb 16, 1980 | Mohawk BK & TR Co. | $5.9M |
| Sep 14, 1976 | The New Boston Bank and Trust Company | $6.7M |
| May 9, 1975 | Chicopee Bank & Trust Company | $11.4M |
| May 27, 1972 | Surety Bank and Trust Company | $22.1M |
| Dec 3, 1938 | The National City Bank of Lynn | — |
| Sep 11, 1937 | Stoneham Trust Company | — |
Mergers & Acquisitions involving Massachusetts banks
| Date | Acquired (MA) | Acquirer |
|---|---|---|
| Nov 2, 2022 | Saint Dominics Federal Credit Union | Somerset Federal Credit Union |
| Nov 1, 2022 | Bedford Va Federal Credit Union | Common Trust Federal Credit Union |
| Oct 8, 2022 | Envision Bank | Abington Bank |
| Oct 8, 2022 | Randolph Bancorp Inc. | Hometown Financial Group MHC |
| Oct 1, 2022 | Northmark Bank | Cambridge Trust Company |
| Oct 1, 2022 | Peabody Municipal Federal Credit Union | Energy Credit Union |
| Sep 1, 2022 | Lynn Municipal Employees Credit Union | St. Jean's Credit Union |
| Aug 1, 2022 | Patriot Community Bank | East Cambridge Savings Bank |
| Jul 1, 2022 | Holyoke Postal Credit Union | Holyoke Credit Union |
| Jun 1, 2022 | Premier Source Credit Union | Polish National Credit Union |
| Apr 1, 2022 | Revere Municipal Employees Federal Credit Union | St. Jean's Credit Union |
| Jan 21, 2022 | Coastal New England Federal Credit Union | Taunton Federal Credit Union |
| Dec 1, 2021 | Artmet Federal Credit Union | RTN Federal Credit Union |
| Nov 13, 2021 | Meridian Bancorp, Inc. | Independent Bank Corp. |
| Nov 13, 2021 | East Boston Savings Bank | Rockland Trust Company |
| Nov 13, 2021 | Century Bancorp, Inc. | Eastern Bankshares Inc |
| Nov 13, 2021 | Century Bank and Trust Company | Eastern Bank |
| Nov 1, 2021 | Gloucester Fire Department Credit Union | Metro Credit Union |
| Oct 1, 2021 | Credit Union of the Berkshires | Greylock Federal Credit Union |
| Jul 13, 2021 | Saint Vincent Hospital Credit Union | Central One Federal Credit Union |
| Jul 1, 2021 | Boston Private Bank & Trust Company | Silicon Valley Bank |
| Jul 1, 2021 | Boston Private Financial Holdings, Inc. | SVB Financial Group |
| Feb 27, 2021 | Gloucester Municipal Credit Union | Metro Credit Union |
| Feb 1, 2021 | Radius Bancorp, Inc. | Happen, Inc. |
| Oct 1, 2020 | Mansfield Co-operative Bank | Bluestone Bank |
| Jun 1, 2020 | Wellesley Bank | Cambridge Trust Company |
| Jun 1, 2020 | Wellesley Bancorp Inc | Cambridge Bancorp |
| Jun 1, 2020 | Melrose Bank | Cambridge Savings Bank |
| Feb 15, 2020 | First Ipswich Bank | Beacon Bank & Trust |
| Feb 1, 2020 | Waltham Municipal Employees Credit Union | RTN Federal Credit Union |
| Jan 1, 2020 | Family Federal Savings, F.A. | Fidelity Co-Operative Bank |
| Jan 1, 2020 | Ocean Spray Employees Federal Credit Union | Brightbridge Credit Union |
| Jan 1, 2020 | Pressers Union Local 12 Ilgw Credit Union | Somerville Municipal Federal Credit Union |
| Jan 1, 2020 | Crescent Credit Union | Sharon & Crescent United Credit Union |
| Oct 19, 2019 | Millbury Savings Bank | Bankhometown |
| Oct 1, 2019 | Northampton Vaf Federal Credit Union | Umassfive College Federal Credit Union |
| Oct 1, 2019 | Beverly Financial, MHC | North Shore Bancorp |
| Oct 1, 2019 | Beverly Bank | TruNorth Bank |
| Aug 15, 2019 | HarborOne Mutual Bancshares | HarborOne Bancorp, Inc. |
| May 18, 2019 | Abington Bank | Abington Bank |
| Apr 30, 2019 | Mutual Bank | North Easton Savings Bank |
| Apr 1, 2019 | Blue Hills Bancorp, Inc. | Independent Bank Corp. |
| Apr 1, 2019 | Belmont Savings Bank | People's United Bank, National Association |
| Apr 1, 2019 | Northeastern University Federal Credit Union | City of Boston Credit Union |
| Apr 1, 2019 | Blue Hills Bank | Rockland Trust Company |
| Apr 1, 2019 | BSB Bancorp Inc. | People's United Financial, Inc. |
| Apr 1, 2019 | South Shore Mutual Holding Company | Equitable Bancorp, Inc. |
| Apr 1, 2019 | Coastal Heritage Bank | Coastal Heritage Bank |
| Mar 23, 2019 | West Springfield Federal Credit Union | Freedom Credit Union |
| Feb 1, 2019 | Bridgewater Credit Union | Brightbridge Credit Union |
The list holds the 500 most recent of 857 mergers.