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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
Jan 1, 2019 Chadwick Federal Credit Union City of Boston Credit Union
Dec 1, 2018 Melrose First Federal Credit Union Stoneham Municipal Employees Federal Credit Union
Nov 17, 2018 MNB Bancorp Independent Bank Corp.
Nov 17, 2018 The Milford National Bank and Trust Company Rockland Trust Company
Oct 1, 2018 Everett Credit Union Members Plus Credit Union
Aug 18, 2018 Sage Bank Salem Five Cents Savings Bank
Jun 20, 2018 Gortons Gloucester Employees Federal Credit Union Luso-American Credit Union
Apr 1, 2018 Colonial Co-operative Bank Fidelity Co-Operative Bank
Mar 1, 2018 First Commons Bank, National Association Beacon Bank & Trust
Mar 1, 2018 Louise E. Mills Federal Credit Union Webster First Federal Credit Union
Dec 30, 2017 Meetinghouse Bancorp Inc Meridian Bancorp, Inc.
Dec 30, 2017 Meetinghouse Bank East Boston Savings Bank
Nov 1, 2017 Braintree Bancorp MHC South Shore Bancorp MHC
Nov 1, 2017 The Braintree Co-operative Bank South Shore Bank
Oct 14, 2017 Commerce Bancshares Corp. Beacon Financial Corporation
Oct 14, 2017 Commerce Bank & Trust Company Berkshire Bank
Oct 1, 2017 Avon Co-operative Bank Abington Bank
Oct 1, 2017 Our Lady of the Angels Federal Credit Union Fall River Municipal Credit Union
Aug 1, 2017 First Niagara Commercial Finance, Inc. KeyBank N.A.
Jul 1, 2017 Immaculate Conception Fall River Federal Credit Union Southcoast Federal Credit Union
Jun 10, 2017 Southbridge Savings Bank Cornerstone Bank
May 24, 2017 Georgetown Bancorp, Inc. Salem Five Bancorp
May 24, 2017 Georgetown Bank Salem Five Cents Savings Bank
May 13, 2017 Island Bancorp, Inc. Independent Bank Corp.
May 13, 2017 The Edgartown National Bank Rockland Trust Company
May 1, 2017 Landmark Credit Union Greylock Federal Credit Union
May 1, 2017 Hingham Federal Credit Union Liberty Bay Credit Union
Apr 1, 2017 Holbrook Co-operative Bank Abington Bank
Apr 1, 2017 North Middlesex Savings Bank Main Street Bank
Apr 1, 2017 Touchstone Federal Credit Union Hanscom Federal Credit Union
Mar 1, 2017 Hudson Municipal Employees Federal Credit Union RTN Federal Credit Union
Nov 11, 2016 Bank of Cape Cod Rockland Trust Company
Nov 11, 2016 New England Bancorp Inc Independent Bank Corp.
Oct 22, 2016 Chicopee Bancorp, Inc. Western New England Bancorp, Inc.
Oct 22, 2016 Chicopee Savings Bank Westfield Bank
Oct 1, 2016 Chicopee Municipal Employees Credit Union Polish National Credit Union
Aug 22, 2016 Hurlbut Employees Federal Credit Union Greylock Federal Credit Union
Jul 30, 2016 Equitable Co-operative Bank Coastal Heritage Bank
Jul 1, 2016 First Federal Savings Bank of Boston Envision Bank
Jul 1, 2016 First Eastern Bankshares Corporation Randolph Bancorp Inc.
Jun 1, 2016 Green Valley Bancorp, MHC SSB Community Bancorp MHC
Jun 1, 2016 Green Valley Bancorp, Inc. Peoplesbancorp, Inc
Apr 1, 2016 Holy Family Hospital Employees Federal Credit Union Align Credit Union
Apr 1, 2016 Hometown Community Bancorp Inc Hometown Financial Group, Inc
Apr 1, 2016 Newton Teachers Credit Union Metro Credit Union
Apr 1, 2016 Barre Savings Bank Fidelity Co-Operative Bank
Apr 1, 2016 Hometown Community Bancorp MHC Hometown Financial Group MHC
Jan 1, 2016 W H Nichols Employees Federal Credit Union Hanscom Federal Credit Union
Dec 5, 2015 South Shore Mutual Holding Company South Shore Mutual Holding Company
Dec 5, 2015 Nuvo Bank & Trust Company Merchants Bank