Skip to main content

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).

56
Failures
857
Mergers
119
Enforcement
→
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
Nov 2, 2022 Saint Dominics Federal Credit Union Somerset Federal Credit Union
Nov 1, 2022 Bedford Va Federal Credit Union Common Trust Federal Credit Union
Oct 8, 2022 Envision Bank Abington Bank
Oct 8, 2022 Randolph Bancorp Inc. Hometown Financial Group MHC
Oct 1, 2022 Northmark Bank Cambridge Trust Company
Oct 1, 2022 Peabody Municipal Federal Credit Union Energy Credit Union
Sep 1, 2022 Lynn Municipal Employees Credit Union St. Jean's Credit Union
Aug 1, 2022 Patriot Community Bank East Cambridge Savings Bank
Jul 1, 2022 Holyoke Postal Credit Union Holyoke Credit Union
Jun 1, 2022 Premier Source Credit Union Polish National Credit Union
Apr 1, 2022 Revere Municipal Employees Federal Credit Union St. Jean's Credit Union
Jan 21, 2022 Coastal New England Federal Credit Union Taunton Federal Credit Union
Dec 1, 2021 Artmet Federal Credit Union RTN Federal Credit Union
Nov 13, 2021 Meridian Bancorp, Inc. Independent Bank Corp.
Nov 13, 2021 East Boston Savings Bank Rockland Trust Company
Nov 13, 2021 Century Bancorp, Inc. Eastern Bankshares Inc
Nov 13, 2021 Century Bank and Trust Company Eastern Bank
Nov 1, 2021 Gloucester Fire Department Credit Union Metro Credit Union
Oct 1, 2021 Credit Union of the Berkshires Greylock Federal Credit Union
Jul 13, 2021 Saint Vincent Hospital Credit Union Central One Federal Credit Union
Jul 1, 2021 Boston Private Bank & Trust Company Silicon Valley Bank
Jul 1, 2021 Boston Private Financial Holdings, Inc. SVB Financial Group
Feb 27, 2021 Gloucester Municipal Credit Union Metro Credit Union
Feb 1, 2021 Radius Bancorp, Inc. Happen, Inc.
Oct 1, 2020 Mansfield Co-operative Bank Bluestone Bank
Jun 1, 2020 Wellesley Bank Cambridge Trust Company
Jun 1, 2020 Wellesley Bancorp Inc Cambridge Bancorp
Jun 1, 2020 Melrose Bank Cambridge Savings Bank
Feb 15, 2020 First Ipswich Bank Beacon Bank & Trust
Feb 1, 2020 Waltham Municipal Employees Credit Union RTN Federal Credit Union
Jan 1, 2020 Family Federal Savings, F.A. Fidelity Co-Operative Bank
Jan 1, 2020 Ocean Spray Employees Federal Credit Union Brightbridge Credit Union
Jan 1, 2020 Pressers Union Local 12 Ilgw Credit Union Somerville Municipal Federal Credit Union
Jan 1, 2020 Crescent Credit Union Sharon & Crescent United Credit Union
Oct 19, 2019 Millbury Savings Bank Bankhometown
Oct 1, 2019 Northampton Vaf Federal Credit Union Umassfive College Federal Credit Union
Oct 1, 2019 Beverly Financial, MHC North Shore Bancorp
Oct 1, 2019 Beverly Bank TruNorth Bank
Aug 15, 2019 HarborOne Mutual Bancshares HarborOne Bancorp, Inc.
May 18, 2019 Abington Bank Abington Bank
Apr 30, 2019 Mutual Bank North Easton Savings Bank
Apr 1, 2019 Blue Hills Bancorp, Inc. Independent Bank Corp.
Apr 1, 2019 Belmont Savings Bank People's United Bank, National Association
Apr 1, 2019 Northeastern University Federal Credit Union City of Boston Credit Union
Apr 1, 2019 Blue Hills Bank Rockland Trust Company
Apr 1, 2019 BSB Bancorp Inc. People's United Financial, Inc.
Apr 1, 2019 South Shore Mutual Holding Company Equitable Bancorp, Inc.
Apr 1, 2019 Coastal Heritage Bank Coastal Heritage Bank
Mar 23, 2019 West Springfield Federal Credit Union Freedom Credit Union
Feb 1, 2019 Bridgewater Credit Union Brightbridge Credit Union

The list holds the 500 most recent of 857 mergers.

Explore: Massachusetts bank directory · Massachusetts bank failures · all events · browse by acquirer