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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 |
|---|---|---|
| Apr 1, 2006 | Bakery Drivers Federal Credit Union | Tremont Credit Union |
| Apr 1, 2006 | Adams M East Federal Credit Union | Mycom Federal Credit Union |
| Feb 11, 2006 | Heritage Co-operative Bank | Salem Five Cents Savings Bank |
| Feb 1, 2006 | Our Lady of the Assumption Federal Credit Union | Saint Anthony of New Bedford Federal Credit Union |
| Dec 28, 2005 | Westfield River Federal Credit Union | Polish National Credit Union |
| Nov 29, 2005 | Asian American Bank and Trust Company | United Commercial Bank |
| Nov 16, 2005 | Beacon Fiduciary Advisors, Inc. | The Bank of New York Mellon Trust Company, N.A. |
| Oct 22, 2005 | Four Rivers Federal Credit Union | Freedom Credit Union |
| Sep 1, 2005 | Nebco Credit Union | Metro Credit Union |
| Sep 1, 2005 | Williamstown M E Federal Credit Union | Greylock Federal Credit Union |
| Jul 1, 2005 | Asnacomet Federal Credit Union | Gfa Federal Credit Union |
| Jul 1, 2005 | Chelmsford Credit Union | Workers Federal Credit Union |
| Jun 1, 2005 | Woronoco Savings Bank | Berkshire Bank |
| May 28, 2005 | Plymouth Savings Bank | Eastern Bank |
| Apr 30, 2005 | Atlantic Trust Company N.A. | (unnamed) |
| Apr 8, 2005 | Saint Stanislaus Federal Credit Union | St. Anne's Credit Union |
| Apr 5, 2005 | Chart Bank, A Cooperative Bank | Benjamin Franklin Bank |
| Feb 28, 2005 | Ukrainian Fraternal Federal Credit Union | Ukrainian Federal Credit Union |
| Jan 22, 2005 | Boston Federal Savings Bank | TD Bank, N.A. |
| Jan 22, 2005 | Bostonfed Bancorp, Inc. | TD Bank US Holding Company |
| Jan 8, 2005 | Medford Co-operative Bank | Beacon Bank & Trust |
| Jan 1, 2005 | Dunkin Donuts Employees Credit Union | Members Plus Credit Union |
| Jan 1, 2005 | Graphic Arts Credit Union | Metro Credit Union |
| Jan 1, 2005 | 1st Universal Federal Credit Union | Arise Federal Credit Union |
| Jan 1, 2005 | Plymouth Bancorp, Inc. | Eastern Bankshares Inc |
| Nov 1, 2004 | New Boston Federal Credit Union | Tremont Credit Union |
| Aug 1, 2004 | Shermco Federal Credit Union | RTN Federal Credit Union |
| Aug 1, 2004 | Key Credit Union | St. Jean's Credit Union |
| Jul 24, 2004 | Compass Bank for Savings | Santander Bank, N.A. |
| Jul 24, 2004 | Seacoast Financial Services Corporation | Sovereign Bancorp, Inc. |
| Jul 23, 2004 | Nantucket Bank | Santander Bank, N.A. |
| Jul 17, 2004 | Falmouth Co-operative Bank | Rockland Trust Company |
| May 15, 2004 | First Federal Savings Bank of America | Webster Bank, N.A. |
| May 15, 2004 | Firstfed America Bancorp, Inc. | Webster Financial Corporation |
| May 3, 2004 | FHBT Credit Union | Freedom Credit Union |
| May 1, 2004 | CCBT Financial Companies, Inc. | TD Bank US Holding Company |
| May 1, 2004 | Cape Cod Bank and Trust, National Association | TD Bank, N.A. |
| May 1, 2004 | Foxborough Savings Bank | TD Bank, N.A. |
| Apr 29, 2004 | Abington Savings Bank | Compass Bank for Savings |
| Apr 29, 2004 | Abington Bancorp, Inc. | Seacoast Financial Services Corporation |
| Apr 28, 2004 | Hayburne, Inc. | The Bank of Western Massachusetts |
| Apr 1, 2004 | Fleetboston Financial Corporation | Bank of America Corporation |
| Mar 1, 2004 | Carmel Credit Union | Metro Credit Union |
| Mar 1, 2004 | Rising Employees Federal Credit Union | Greylock Federal Credit Union |
| Feb 20, 2004 | Horizon Bank and Trust Company | South Shore Bank |
| Feb 7, 2004 | First Essex Bank | Santander Bank, N.A. |
| Jan 1, 2004 | Westford Municipal Employees Federal Credit Union | Workers Federal Credit Union |
| Jan 1, 2004 | First & Ocean Bancorp | TD Bank US Holding Company |
| Dec 31, 2003 | The Broadway National Bank of Chelsea | Boston Federal Savings Bank |
| Nov 1, 2003 | Community Bancorp, Inc. | Citizens Financial Group, Inc. |
The list holds the 500 most recent of 857 mergers.