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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 10, 2012 | Central Bancorp, Inc. | Independent Bank Corp. |
| Sep 1, 2012 | Massachusetts State Employees Credit Union | Metro Credit Union |
| Aug 25, 2012 | Mercantile Capital Corp | Commerce Bancshares Corp. |
| Aug 25, 2012 | Mercantile Bank and Trust Company | Commerce Bank & Trust Company |
| Aug 1, 2012 | Medical Area Federal Credit Union | RTN Federal Credit Union |
| Jul 1, 2012 | Natick Federal Savings Bank | Mutualone Bank |
| Jul 1, 2012 | Valleystone Credit Union | Polish National Credit Union |
| Jun 23, 2012 | Williamstown Savings Bank | Mountainone Bank |
| Jun 2, 2012 | Our Lady of Health Federal Credit Union | Westport Federal Credit Union |
| Mar 31, 2012 | Filene Federal Credit Union | Webster First Federal Credit Union |
| Feb 25, 2012 | Adams Co-operative Bank | Adams Community Bank |
| Feb 1, 2012 | Sturdy Credit Union | Arise Federal Credit Union |
| Jan 1, 2012 | Winthrop Federal Credit Union | Webster First Federal Credit Union |
| Jan 1, 2012 | Economy Co-operative Bank | Haverhill Bank |
| Dec 1, 2011 | Fitchburg Federal Credit Union | Webster First Federal Credit Union |
| Nov 11, 2011 | Secure Credit Union | Metro Credit Union |
| Oct 1, 2011 | J.P. Morgan Investor Services Co. | JPMorgan Chase Bank, N.A. |
| Oct 1, 2011 | Haverhill Credit Union | Align Credit Union |
| Jul 29, 2011 | Steinerfilm Employees Federal Credit Union | Greylock Federal Credit Union |
| Jul 21, 2011 | Legacy Banks | Berkshire Bank |
| Jul 21, 2011 | Legacy Bancorp, Inc. | Beacon Financial Corporation |
| Jul 1, 2011 | Danversbank | People's United Bank, National Association |
| Jul 1, 2011 | Danvers Bancorp, Inc. | People's United Financial, Inc. |
| Jun 1, 2011 | Saugus Federal Credit Union | Webster First Federal Credit Union |
| May 1, 2011 | University Credit Union | Metro Credit Union |
| Apr 1, 2011 | Athol-Clinton Co-operative Bank | Bankhometown |
| Mar 19, 2011 | Wainwright Bank & Trust Company | Eastern Bank |
| Mar 1, 2011 | First Ipswich Bancorp | Brookline Bancorp, Inc. |
| Jan 11, 2011 | True North Financial Services, Inc. | Mountainone Bank |
| Jan 1, 2011 | Bank of Fall River, a Co-operative Bank | BayCoast Bank |
| Dec 1, 2010 | LSB Corporation | People's United Financial, Inc. |
| Dec 1, 2010 | RiverBank | People's United Bank, National Association |
| Nov 6, 2010 | Wells Fargo Retail Finance, LLC | Wells Fargo Bank, N.A. |
| Jul 15, 2010 | Calibre Advisory Services, Inc. | Wells Fargo Bank, N.A. |
| Jun 28, 2010 | Turnpike Credit Union | Mass Bay Credit Union |
| Feb 13, 2010 | The Beverly National Bank | Danversbank |
| Jan 5, 2010 | Mt. Washington Co-operative Bank | East Boston Savings Bank |
| Jan 1, 2010 | East Bridgewater Savings Bank | Bluestone Bank |
| Dec 1, 2009 | CNB Financial Corporation | United Financial Bancorp, Inc. |
| Dec 1, 2009 | Commonwealth National Bank | United Bank |
| Oct 31, 2009 | Beverly National Corporation | Danvers Bancorp, Inc. |
| Oct 31, 2009 | Walpole Municipal Employees Credit Union | Arise Federal Credit Union |
| Jul 1, 2009 | Strata Bank | Middlesex Savings Bank |
| Jul 1, 2009 | Service Bancorp, Inc. | Middlesex Bancorp MHC |
| Jul 1, 2009 | Service Bancorp, MHC | Middlesex Bancorp MHC |
| Jun 15, 2009 | Norwood School Employees Federal Credit Union | Arise Federal Credit Union |
| May 31, 2009 | Nationsheritage Federal Credit Union | HarborOne Bank |
| May 9, 2009 | Benjamin Franklin Bank | Rockland Trust Company |
| Apr 11, 2009 | Benjamin Franklin Bancorp, Inc. | Independent Bank Corp. |
| Feb 28, 2009 | Boston Globe Employees Credit Union | Metro Credit Union |
The list holds the 500 most recent of 857 mergers.