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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 1, 2003 | Community National Bank | Citizens Bank of Massachusetts |
| Sep 30, 2003 | CSB Preferred Capital Corp | Legacy Banks |
| Sep 22, 2003 | Newton South Co-operative Bank | The Village Bank |
| Aug 1, 2003 | CambridgePort Bank | Citizens Bank of Massachusetts |
| Jul 31, 2003 | Plan Credit Union | Tremont Credit Union |
| Jul 31, 2003 | Latvian Credit Union | Tremont Credit Union |
| Jul 16, 2003 | Fall River Herald News Employees Federal Credit Union | Fall River Municipal Credit Union |
| Jul 2, 2003 | Va New England Federal Credit Union | Hanscom Federal Credit Union |
| Jul 1, 2003 | Mellon Growth Advisors LLC | Mellon Trust of New England, National Association |
| Jul 1, 2003 | TWH Credit Union | Metro Credit Union |
| Jun 1, 2003 | Bay State Federal Savings Bank | Compass Bank for Savings |
| Jan 1, 2003 | Warren Bancorp, Inc. | TD Bank US Holding Company |
| Jan 1, 2003 | Warren Five Cents Savings Bank | TD Bank, N.A. |
| Nov 22, 2002 | Eastern Bank & Trust | Eastern Bank |
| Oct 16, 2002 | Medford Savings Bank | Citizens Bank of Massachusetts |
| Oct 16, 2002 | Medford Bancorp, Inc. | Citizens Financial Group, Inc. |
| Sep 14, 2002 | Massachusetts Co-operative Bank | Abington Savings Bank |
| Jul 27, 2002 | Ipswich Bancshares, Inc. | TD Bank US Holding Company |
| Jul 27, 2002 | Ipswich Savings Bank | TD Bank, N.A. |
| Jul 1, 2002 | Blessed Sacrament Federal Credit Union | SJB Federal Credit Union |
| Jul 1, 2002 | Middlesex Bank & Trust Company | Connecticut Community Bank, N.A. |
| May 2, 2002 | Williamstown Mutual Holding Company | Mountainone Financial, MHC |
| Apr 1, 2002 | Darex Federal Credit Union | RTN Federal Credit Union |
| Mar 1, 2002 | People's Savings Bank of Brockton | First Federal Savings Bank of America |
| Mar 1, 2002 | Liberty Bank and Trust Company | General Bank |
| Jan 1, 2002 | Gloucester Bank & Trust Company | TD Bank, N.A. |
| Jan 1, 2002 | Andover Bank | TD Bank, N.A. |
| Jan 1, 2002 | First Massachusetts Bank, National Association | TD Bank, N.A. |
| Jan 1, 2002 | Instron Employees Federal Credit Union | Arise Federal Credit Union |
| Jan 1, 2002 | Commonwealth Gas Employees Credit Union | Allcom Credit Union |
| Jan 1, 2002 | Lenox Savings Bank | Legacy Banks |
| Nov 1, 2001 | MetroWest Bank, National Association | First Massachusetts Bank, National Association |
| Oct 31, 2001 | Andover Bancorp, Inc. | TD Bank US Holding Company |
| Sep 27, 2001 | Revere Federal Savings and Loan Association | Danversbank |
| Sep 1, 2001 | Greater Boston Federal Credit Union | Tremont Credit Union |
| Jul 17, 2001 | Lighthouse Bank | Beacon Bank & Trust |
| Jul 1, 2001 | Spaulding Employees Credit Union | Premier Source Credit Union |
| Jun 1, 2001 | Swank Federal Credit Union | Goldmark Federal Credit Union |
| Mar 31, 2001 | PNC Advisors, National Association | PNC Bank, N.A. |
| Mar 1, 2001 | Millipore Employees Federal Credit Union | Metro Credit Union |
| Mar 1, 2001 | Amesbury Co-Operative Bank | BankProv |
| Jan 1, 2001 | 555 Credit Union | Arise Federal Credit Union |
| Dec 31, 2000 | Home Port Bancorp, Inc. | Seacoast Financial Services Corporation |
| Dec 1, 2000 | Twin Meadows Federal Credit Union | Premier Source Credit Union |
| Oct 2, 2000 | Saint Elizabeths Fall River Federal Credit Union | SJB Federal Credit Union |
| Jul 1, 2000 | GBT Bancorp | Andover Bancorp, Inc. |
| Jul 1, 2000 | Adl Employees Federal Credit Union | Tremont Credit Union |
| Apr 24, 2000 | Lowell Postal Employees Credit Union | First Priority Credit Union |
| Apr 1, 2000 | Amherst Town Employees Federal Credit Union | Umassfive College Federal Credit Union |
| Apr 1, 2000 | Redberry Credit Union | Members Plus Credit Union |
The list holds the 500 most recent of 857 mergers.