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 10, 2012 Central Co-operative Bank Rockland Trust Company
Sep 1, 2012 Massachusetts State Employees Credit Union Metro Credit Union
Aug 25, 2012 Mercantile Capital Corp Commerce Bancshares Corp.
Aug 25, 2012 Mercantile Bank and Trust Company Commerce Bank & Trust Company
Aug 1, 2012 Medical Area Federal Credit Union RTN Federal Credit Union
Jul 1, 2012 Natick Federal Savings Bank Mutualone Bank
Jul 1, 2012 Valleystone Credit Union Polish National Credit Union
Jun 23, 2012 Williamstown Savings Bank Mountainone Bank
Jun 2, 2012 Our Lady of Health Federal Credit Union Westport Federal Credit Union
Mar 31, 2012 Filene Federal Credit Union Webster First Federal Credit Union
Feb 25, 2012 Adams Co-operative Bank Adams Community Bank
Feb 1, 2012 Sturdy Credit Union Arise Federal Credit Union
Jan 1, 2012 Economy Co-operative Bank Haverhill Bank
Jan 1, 2012 Winthrop Federal Credit Union Webster First Federal Credit Union
Dec 1, 2011 Fitchburg Federal Credit Union Webster First Federal Credit Union
Nov 11, 2011 Secure Credit Union Metro Credit Union
Oct 1, 2011 J.P. Morgan Investor Services Co. JPMorgan Chase Bank, N.A.
Oct 1, 2011 Haverhill Credit Union Align Credit Union
Jul 29, 2011 Steinerfilm Employees Federal Credit Union Greylock Federal Credit Union
Jul 21, 2011 Legacy Banks Berkshire Bank
Jul 21, 2011 Legacy Bancorp, Inc. Beacon Financial Corporation
Jul 1, 2011 Danvers Bancorp, Inc. People's United Financial, Inc.
Jul 1, 2011 Danversbank People's United Bank, National Association
Jun 1, 2011 Saugus Federal Credit Union Webster First Federal Credit Union
May 1, 2011 University Credit Union Metro Credit Union
Apr 1, 2011 Athol-Clinton Co-operative Bank Bankhometown
Mar 19, 2011 Wainwright Bank & Trust Company Eastern Bank
Mar 1, 2011 First Ipswich Bancorp Brookline Bancorp, Inc.
Jan 11, 2011 True North Financial Services, Inc. Mountainone Bank
Jan 1, 2011 Bank of Fall River, a Co-operative Bank BayCoast Bank
Dec 1, 2010 RiverBank People's United Bank, National Association
Dec 1, 2010 LSB Corporation People's United Financial, Inc.
Nov 6, 2010 Wells Fargo Retail Finance, LLC Wells Fargo Bank, N.A.
Jul 15, 2010 Calibre Advisory Services, Inc. Wells Fargo Bank, N.A.
Jun 28, 2010 Turnpike Credit Union Mass Bay Credit Union
Feb 13, 2010 The Beverly National Bank Danversbank
Jan 5, 2010 Mt. Washington Co-operative Bank East Boston Savings Bank
Jan 1, 2010 East Bridgewater Savings Bank Bluestone Bank
Dec 1, 2009 CNB Financial Corporation United Financial Bancorp, Inc.
Dec 1, 2009 Commonwealth National Bank United Bank
Oct 31, 2009 Beverly National Corporation Danvers Bancorp, Inc.
Oct 31, 2009 Walpole Municipal Employees Credit Union Arise Federal Credit Union
Jul 1, 2009 Strata Bank Middlesex Savings Bank
Jul 1, 2009 Service Bancorp, MHC Middlesex Bancorp MHC
Jul 1, 2009 Service Bancorp, Inc. Middlesex Bancorp MHC
Jun 15, 2009 Norwood School Employees Federal Credit Union Arise Federal Credit Union
May 31, 2009 Nationsheritage Federal Credit Union HarborOne Bank
May 9, 2009 Benjamin Franklin Bank Rockland Trust Company
Apr 11, 2009 Benjamin Franklin Bancorp, Inc. Independent Bank Corp.
Feb 28, 2009 Boston Globe Employees Credit Union Metro Credit Union

The list holds the 500 most recent of 857 mergers.

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