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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).

56
Failures
857
Mergers
119
Enforcement
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Bank Directory
All Massachusetts banks

Failures in Massachusetts

Date Bank City Assets Acquirer or resolution
Apr 16, 2010 Butler Bank Lowell $245.5M People's United Bank
Oct 21, 1994 Ludlow Savings Bank Ludlow $222.7M Albany Savings Bank FSB
May 6, 1994 Commercial Bank and Trust Company Lowell $30.3M Medford Savings Bank
Dec 4, 1992 Heritage Bank for Savings Holyoke $1.29B Fleet Bank of Ma N.A.
Nov 13, 1992 Guaranty-First Trust Company Waltham $353.2M Fleet Bank of Ma N.A.
Sep 18, 1992 Plymouth Five Cents Savings Bank Plymouth $221.0M Citizens Bank of MA
Aug 21, 1992 Attleboro Pawtucket SB Pawtucket $632.5M New Bedford Inst for SVG
Aug 14, 1992 Winchendon Savings Bank Winchendon $65.2M Athol Savings Bank
Jul 31, 1992 Massachusetts Bank & Trust Co. Brockton $61.8M Haymarket Coop Bank
Jul 17, 1992 New England FSA Wellesley $137.3M Cambridgeport Bank
Jun 26, 1992 Olympic International Bank & Trust Boston $140.3M Haymarket Coop Bank
Jun 12, 1992 Landmark Bank for Savings Whitman $62.1M Abington Savings Bank
May 29, 1992 Workingmen's Co-Operative Bank Boston $223.7M First NB of Boston
May 15, 1992 Malden Trust Company Malden $225.2M Eastern Bank
Apr 24, 1992 SouthState Bank for Savings Brockton $285.9M Baybank
Apr 24, 1992 Shore Bank & Trust Co. Lynn $183.2M Eastern Bank
Mar 27, 1992 Vanguard Savings Bank Holyoke $427.9M Fleet Bank of Ma N.A.
Mar 20, 1992 The Bank for Savings Malden $398.0M Medford Savings Bank
Mar 6, 1992 New Heritage Bank Lawrence $99.8M First NB of Boston
Feb 14, 1992 The Central Savings Bank Lowell $369.1M Massbank for Savings
Dec 13, 1991 Merchants National Bank Leominster $153.6M Worcester County Institutio
Dec 12, 1991 Granite Co-Operative Bank Quincy $103.8M South Boston Savings Bank
Oct 25, 1991 Coolidge Bank and Trust Company Boston $321.2M Pioneer Financial, a Cooper
Sep 27, 1991 Plymouth FSA Plymouth $174.7M Branch sale
Sep 27, 1991 Midcounty Bank and Trust Company Norwood $62.1M Dedham Institution for Savi
Sep 20, 1991 Bank Five for Savings Arlington $386.6M Cambridge Savings Bank
Aug 30, 1991 Lowell Institution for Savings Lowell $386.4M The Family Mutual Savings B
Jun 28, 1991 First Mutual Bank for Savings Boston $1.13B First National Bank of Bost
Jun 21, 1991 Beacon Co-Operative Bank Boston $31.8M Grove Bank
Jun 7, 1991 Woburn Five Cents Savings Bank Woburn $247.2M Sterling Bank
May 31, 1991 University Bank, N.A. Newton $318.8M Sterling Bank
May 3, 1991 Boston Trade Bank Boston $307.0M The First National Bank of
Mar 15, 1991 The Blackstone Bank and Trust Co Boston $49.3M Baybank Boston, N.A.
Mar 14, 1991 Coolidge Corner Co-Operative Bank Brookline $83.7M Brookline Savings Bank
Jan 6, 1991 Bank of New England, National Assoc Boston $13.43B New Bank of New England, N.A.
Dec 28, 1990 Capitol Bank and Trust Company Boston $485.6M —
Dec 14, 1990 Comfed Savings Bank Lowell $1.40B Branch sale
Dec 12, 1990 New England Allbank for Savings Gardner $173.3M Worcester County Institutio
Oct 19, 1990 First American Bank for Savings Boston $526.2M The Boston Five Cents Savin
Sep 21, 1990 Sentry Federal Savings Bank Hyannis $735.5M New Bedford Institution for
Jul 6, 1990 Milford Savings Bank Milford $328.1M Peoples Savings Bank
Jun 29, 1990 Eliot Savings Bank Boston $479.5M South Boston Savings Bank
Jun 8, 1990 Home Federal Worcester $235.8M Branch sale
Jun 1, 1990 The Home National Bank of Milford Milford $461.7M Baybank Middlesex
May 18, 1990 Merchantsbank of Boston, a Co-Op Boston $392.2M The First National Bank of
Apr 27, 1990 Home Owners Savings Bank Burlington $3.49B Branch sale
Mar 31, 1989 First Service Bank for Savings Leominster $880.7M Peoples Savings Bank
Oct 16, 1987 Yankee Bank for Finance & Saving Boston $525.5M Boston Five Cents SB FSB
Jan 23, 1987 The First National Bank of Marlborough Marlborough $60.7M Worcester CNTY Inst for
Jul 30, 1982 Unity BK & TR Company Boston $12.8M Boston Bank of Commerce

Mergers & Acquisitions involving Massachusetts banks

Date Acquired (MA) Acquirer
Jul 21, 1997 Glendale Co-operative Bank MassBank
Jul 1, 1997 Bancboston Holdings, Inc. Bankboston Corporation
Jun 2, 1997 Holyoke Municipal Employees Credit Union Holyoke Credit Union
Jun 1, 1997 Ciba Corning Employees Federal Credit Union Sharon & Crescent United Credit Union
May 28, 1997 Broadway Capital Corp. Bostonfed Bancorp, Inc.
May 24, 1997 BayBank, National Association Fleet National Bank
May 24, 1997 BayBank NH, National Association Fleet National Bank
May 17, 1997 The Braintree Savings Bank USTrust
May 1, 1997 Great Barrington Savings Bank Berkshire Bank
Apr 19, 1997 The Co-operative Bank of Concord USTrust
Mar 5, 1997 Grove Bank Citizens Bank of Massachusetts
Feb 23, 1997 Union Federal Savings Bank Bay State Federal Savings Bank
Jan 2, 1997 Greater Boston Bank A Co-operative Bank Grove Bank
Dec 31, 1996 University of Massachusetts Students Federal Credit Union Umassfive College Federal Credit Union
Dec 24, 1996 Shawmut Corporation Fleetboston Financial Corporation
Nov 1, 1996 Sunbeam Employees Federal Credit Union First Citizens Federal Credit Union
Aug 26, 1996 National Bank of Fairhaven Slade's Ferry Trust Company
Jul 1, 1996 The Safety Fund Corporation CFX Corporation
Jun 29, 1996 South Boston Savings Bank Fleet National Bank
Apr 1, 1996 Fleet National Bank of Massachusetts Fleet National Bank
Apr 1, 1996 Fleet Bank of Massachusetts, National Association Fleet National Bank
Apr 1, 1996 Fleet Bank, National Association Fleet National Bank
Apr 1, 1996 Fleet National Bank Fleet National Bank
Feb 1, 1996 Itek Employees Federal Credit Union RTN Federal Credit Union
Feb 1, 1996 Saints Memorial Employees Federal Credit Union Jeanne D'Arc Credit Union
Dec 1, 1995 Baybanks, INC.-NEW Hampshire Corporation Baybank, Inc.
Nov 1, 1995 Baybank Boston, N.A. BayBank, National Association
Sep 1, 1995 G R Patriot Federal Credit Union Beacon Federal
Sep 1, 1995 BayBank Connecticut, National Association Baybank Boston, N.A.
Jul 1, 1995 Stanhome Associates Federal Credit Union Berkshire Federal Credit Union
May 11, 1995 Bank of Taunton, A Co-operative Bank People's Savings Bank of Brockton
Jan 28, 1995 New Bedford Institution for Savings Fleet Bank of Massachusetts, National Association
Jan 7, 1995 Quincy Savings Bank Citizens Bank of Massachusetts
Jan 6, 1995 Fall River Postal Employees Federal Credit Union Postal Employees Regional Federal Credit Union
Jan 1, 1995 Chestnut Hill Bank & Trust Company Capital Crossing Bank
Jan 1, 1995 Leominster Municipal Employees Federal Credit Union Leominster Employees Federal Credit Union
Dec 31, 1994 Octane Credit Union Touchstone Federal Credit Union
Dec 29, 1994 Martha's Vineyard National Bank Compass Bank for Savings
Dec 21, 1994 Usda of North East Employees Federal Credit Union Hanscom Federal Credit Union
Dec 10, 1994 Metropolitan Bank and Trust Company Central Co-operative Bank
Nov 11, 1994 Saugus Bank and Trust Company Eastern Bank
Nov 1, 1994 Baldwinville Co-operative Bank Colonial Co-operative Bank
Oct 1, 1994 Farmco Employees Credit Union Four Points Federal Credit Union
Oct 1, 1994 Treasure Credit Union Franklin First Federal Credit Union
Sep 30, 1994 Cohasset Savings Bank Fleet National Bank of Massachusetts
Sep 30, 1994 West Newton Savings Bank Fleet National Bank of Massachusetts
Aug 20, 1994 Pioneer Financial, A Cooperative Bank Fleet National Bank
Aug 16, 1994 Sterling Bancshares Corporation Fleetboston Financial Corporation
Aug 16, 1994 Sterling Bank Fleet Bank of Massachusetts, National Association
Jul 1, 1994 Quincy P & G Federal Credit Union Bridgewater Credit Union

The list holds the 500 most recent of 857 mergers.

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