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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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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, 2009 Nemch Credit Union Alpha Credit Union
Jan 1, 2009 The Bank of Western Massachusetts People's United Bank, National Association
Jan 1, 2009 Flagship Bank and Trust Company People's United Bank, National Association
Jan 1, 2009 Commonwealth Co-operative Bank Commonwealth Cooperative Bank
Dec 1, 2008 Haverhill Municipal Employees Credit Union HTM Credit Union
Nov 30, 2008 Lawrence Firefighters Federal Credit Union Nesc Federal Credit Union
Nov 10, 2008 Marlborough Co-operative Bank Butler Bank, a Co-Operative Bank
Oct 11, 2008 MassBank Eastern Bank
Sep 1, 2008 Lafayette Federal Savings Bank Mechanics Cooperative Bank
Aug 23, 2008 Eastern Mass Employees Federal Credit Union SJB Federal Credit Union
Aug 1, 2008 North Attleboro Federal Credit Union Sharon & Crescent United Credit Union
Jul 1, 2008 Mellon Trust of New England, National Association BNY Mellon, N.A.
Jul 1, 2008 Mellon Trust of New England, National Association The Bank of New York Mellon
May 16, 2008 Roxbury-Highland Co-operative Bank Mt. Washington Co-operative Bank
Apr 1, 2008 Spinc Federal Credit Union Mycom Federal Credit Union
Mar 1, 2008 Slade's Ferry Bancorp Independent Bank Corp.
Mar 1, 2008 Slade's Ferry Trust Company Rockland Trust Company
Nov 1, 2007 The Martha's Vineyard Co-operative Bank of Tisbury Martha's Vineyard Bank
Nov 1, 2007 Bridgewater Co-operative Bank Mechanics Cooperative Bank
Sep 30, 2007 Uniti Credit Union Crescent Credit Union
Sep 22, 2007 Luzo Community Bank Fall River Five Cents Savings Bank
Sep 8, 2007 Brookline Co-operative Bank Peoples Federal Savings Bank
Sep 1, 2007 Citizens Bank of Massachusetts Citizens Bank, N.A.
Aug 25, 2007 Westborough Savings Bank Avidia Bank
Aug 1, 2007 Anawon Trust, N.A. Bristol County Savings Bank
Jul 31, 2007 Lawrence Teachers Credit Union Metro Credit Union
Jul 13, 2007 New Bedford Community Bancorp Bankfive, MHC
Jul 2, 2007 Marlborough Bancorp Butler Bancorp, MHC
Jul 2, 2007 Investors Bank & Trust Company State Street Bank and Trust Company
Jul 2, 2007 Investors Financial Services Corp. State Street Corporation
Jul 1, 2007 South Coastal Holdings MHC, Inc Mountainone Financial, MHC
Jul 1, 2007 Cape Cod Gas Employees Federal Credit Union First Citizens Federal Credit Union
Jul 1, 2007 Ipswich Co-operative Bank Institution for Savings in Newburyport and Its Vicinity
Jun 1, 2007 Agawam Federal Credit Union Holyoke Credit Union
May 16, 2007 Fitchburg Community Federal Credit Union Gfa Federal Credit Union
May 12, 2007 Sharon Co-operative Bank Eastern Bank
Mar 31, 2007 Dedham Co-operative Bank Needham Bank
Feb 24, 2007 BankMalden, A Co-operative Bank Danversbank
Feb 15, 2007 Capital Crossing Bank Aurora Bank FSB
Jan 2, 2007 Westbank Corporation Newalliance Bancshares, Inc.
Jan 2, 2007 Westbank NewAlliance Bank
Dec 1, 2006 Crobank Credit Union Workers Federal Credit Union
Dec 1, 2006 Peoples Community Credit Union Workers Federal Credit Union
Nov 11, 2006 Security Federal Savings Bank Mutual Bank
Oct 2, 2006 Braintree Educators & Municipal Employees Federal Credit Union Quincy Credit Union
Oct 1, 2006 Charles River Federal Credit Union First Technology Federal Credit Union
Oct 1, 2006 Embeco Credit Union Premier Source Credit Union
Aug 1, 2006 Unified Federal Credit Union RTN Federal Credit Union
Jul 1, 2006 Milestone Federal Credit Union Hanscom Federal Credit Union
Apr 1, 2006 Natick Metrowest Federal Credit Union Metrowest Community Federal Credit Union

The list holds the 500 most recent of 857 mergers.

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