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 |
|---|---|---|
| Jan 1, 2009 | Nemch Credit Union | Alpha Credit Union |
| Jan 1, 2009 | The Bank of Western Massachusetts | People's United Bank, National Association |
| Jan 1, 2009 | Flagship Bank and Trust Company | People's United Bank, National Association |
| Jan 1, 2009 | Commonwealth Co-operative Bank | Commonwealth Cooperative Bank |
| Dec 1, 2008 | Haverhill Municipal Employees Credit Union | HTM Credit Union |
| Nov 30, 2008 | Lawrence Firefighters Federal Credit Union | Nesc Federal Credit Union |
| Nov 10, 2008 | Marlborough Co-operative Bank | Butler Bank, a Co-Operative Bank |
| Oct 11, 2008 | MassBank | Eastern Bank |
| Sep 1, 2008 | Lafayette Federal Savings Bank | Mechanics Cooperative Bank |
| Aug 23, 2008 | Eastern Mass Employees Federal Credit Union | SJB Federal Credit Union |
| Aug 1, 2008 | North Attleboro Federal Credit Union | Sharon & Crescent United Credit Union |
| Jul 1, 2008 | Mellon Trust of New England, National Association | BNY Mellon, N.A. |
| Jul 1, 2008 | Mellon Trust of New England, National Association | The Bank of New York Mellon |
| May 16, 2008 | Roxbury-Highland Co-operative Bank | Mt. Washington Co-operative Bank |
| Apr 1, 2008 | Spinc Federal Credit Union | Mycom Federal Credit Union |
| Mar 1, 2008 | Slade's Ferry Bancorp | Independent Bank Corp. |
| Mar 1, 2008 | Slade's Ferry Trust Company | Rockland Trust Company |
| Nov 1, 2007 | The Martha's Vineyard Co-operative Bank of Tisbury | Martha's Vineyard Bank |
| Nov 1, 2007 | Bridgewater Co-operative Bank | Mechanics Cooperative Bank |
| Sep 30, 2007 | Uniti Credit Union | Crescent Credit Union |
| Sep 22, 2007 | Luzo Community Bank | Fall River Five Cents Savings Bank |
| Sep 8, 2007 | Brookline Co-operative Bank | Peoples Federal Savings Bank |
| Sep 1, 2007 | Citizens Bank of Massachusetts | Citizens Bank, N.A. |
| Aug 25, 2007 | Westborough Savings Bank | Avidia Bank |
| Aug 1, 2007 | Anawon Trust, N.A. | Bristol County Savings Bank |
| Jul 31, 2007 | Lawrence Teachers Credit Union | Metro Credit Union |
| Jul 13, 2007 | New Bedford Community Bancorp | Bankfive, MHC |
| Jul 2, 2007 | Marlborough Bancorp | Butler Bancorp, MHC |
| Jul 2, 2007 | Investors Bank & Trust Company | State Street Bank and Trust Company |
| Jul 2, 2007 | Investors Financial Services Corp. | State Street Corporation |
| Jul 1, 2007 | South Coastal Holdings MHC, Inc | Mountainone Financial, MHC |
| Jul 1, 2007 | Cape Cod Gas Employees Federal Credit Union | First Citizens Federal Credit Union |
| Jul 1, 2007 | Ipswich Co-operative Bank | Institution for Savings in Newburyport and Its Vicinity |
| Jun 1, 2007 | Agawam Federal Credit Union | Holyoke Credit Union |
| May 16, 2007 | Fitchburg Community Federal Credit Union | Gfa Federal Credit Union |
| May 12, 2007 | Sharon Co-operative Bank | Eastern Bank |
| Mar 31, 2007 | Dedham Co-operative Bank | Needham Bank |
| Feb 24, 2007 | BankMalden, A Co-operative Bank | Danversbank |
| Feb 15, 2007 | Capital Crossing Bank | Aurora Bank FSB |
| Jan 2, 2007 | Westbank Corporation | Newalliance Bancshares, Inc. |
| Jan 2, 2007 | Westbank | NewAlliance Bank |
| Dec 1, 2006 | Crobank Credit Union | Workers Federal Credit Union |
| Dec 1, 2006 | Peoples Community Credit Union | Workers Federal Credit Union |
| Nov 11, 2006 | Security Federal Savings Bank | Mutual Bank |
| Oct 2, 2006 | Braintree Educators & Municipal Employees Federal Credit Union | Quincy Credit Union |
| Oct 1, 2006 | Charles River Federal Credit Union | First Technology Federal Credit Union |
| Oct 1, 2006 | Embeco Credit Union | Premier Source Credit Union |
| Aug 1, 2006 | Unified Federal Credit Union | RTN Federal Credit Union |
| Jul 1, 2006 | Milestone Federal Credit Union | Hanscom Federal Credit Union |
| Apr 1, 2006 | Natick Metrowest Federal Credit Union | Metrowest Community Federal Credit Union |
The list holds the 500 most recent of 857 mergers.