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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
Dec 5, 2015 Coastal Heritage Bank Coastal Heritage Bank
Dec 5, 2015 Satuit Bancorp, Inc South Shore Mutual Holding Company
Nov 1, 2015 W G Federal Credit Union RTN Federal Credit Union
Nov 1, 2015 Merrimac Savings Bank TruNorth Bank
Oct 31, 2015 Malden City Employees Credit Union Metro Credit Union
Oct 17, 2015 The Lenox National Bank Adams Community Bank
Sep 23, 2015 Berkshire Federal Credit Union Greylock Federal Credit Union
Sep 1, 2015 First Choice Credit Union Align Credit Union
Aug 1, 2015 Equitable Bancorp, Inc. Equitable Bancorp, Inc.
Aug 1, 2015 Equitable Bancorp MHC Equitable Bancorp, MHC
Jul 1, 2015 Houghton Mifflin Employees Federal Credit Union Hanscom Federal Credit Union
Jul 1, 2015 Seaport Credit Union St. Jean's Credit Union
Jun 1, 2015 Industrial Credit Union Webster First Federal Credit Union
Apr 18, 2015 Hampden Bank Berkshire Bank
Apr 18, 2015 Hampden Bancorp, Inc. Beacon Financial Corporation
Apr 1, 2015 The Northampton Co-operative Bank Greenfield Co-Operative Bank
Mar 1, 2015 Chelsea Bank East Cambridge Savings Bank
Feb 28, 2015 Salem Italian-American Credit Union Luso-American Credit Union
Feb 21, 2015 Peoples Federal Savings Bank Rockland Trust Company
Feb 21, 2015 Peoples Federal Bancshares, Inc. Independent Bank Corp.
Jan 17, 2015 Granite Savings Bank Cape Ann Savings Bank
Jan 2, 2015 Credit Union of the Providence Systems Federal Credit Union Umassfive College Federal Credit Union
Sep 1, 2014 Saugusbank, a Co-operative bank TruNorth Bank
Aug 30, 2014 The Rockport National Bank Institution for Savings in Newburyport and Its Vicinity
Jul 1, 2014 SJB Federal Credit Union Alltrust Credit Union
Jul 1, 2014 Lawrence Postal Employees Credit Union Brightbridge Credit Union
Jun 1, 2014 FamilyFirst Bank North Brookfield Savings Bank
May 1, 2014 United Bank United Bank
May 1, 2014 United Financial Bancorp, Inc. United Financial Bancorp, Inc.
Apr 1, 2014 Local 170 Teamsters Federal Credit Union New England Teamsters Federal Credit Union
Mar 1, 2014 Newton Municipal Credit Union Metro Credit Union
Nov 24, 2013 Stoneham Savings Bank Salem Five Cents Savings Bank
Nov 16, 2013 Mayflower Bancorp, Inc Independent Bank Corp.
Nov 16, 2013 Mayflower Co-operative Bank Rockland Trust Company
Oct 1, 2013 Delta Wye Federal Credit Union River Works Credit Union
Sep 3, 2013 North Andover Municipal Federal Credit Union Andover Federal Credit Union
Sep 1, 2013 Savage Arms Employees Credit Union Pioneer Valley Federal Credit Union
Jul 20, 2013 South Coastal Bank Mountainone Bank
May 1, 2013 Brockton Postal Employees Credit Union Crescent Credit Union
Apr 1, 2013 Norfolk County Employees Federal Credit Union Dedham Town Employees Federal Credit Union
Apr 1, 2013 Williams College Employees Federal Credit Union Greylock Federal Credit Union
Apr 1, 2013 Worcester Postal Credit Union Allcom Credit Union
Apr 1, 2013 Wemelco Credit Union Premier Source Credit Union
Apr 1, 2013 North Shore Manufacturers Federal Credit Union Hanscom Federal Credit Union
Mar 2, 2013 Fenwal Credit Union Metro Credit Union
Dec 1, 2012 Campello Bancorp Eastern Bankshares Inc
Dec 1, 2012 Garment Workers Federal Credit Union Saint Anthony of Padua Federal Credit Union
Dec 1, 2012 The Community Bank, A Massachusetts Cooperative Bank Eastern Bank
Dec 1, 2012 Merrimack College Federal Credit Union Brightbridge Credit Union
Nov 10, 2012 Central Bancorp, Inc. Independent Bank Corp.