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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
Apr 1, 2006 Bakery Drivers Federal Credit Union Tremont Credit Union
Apr 1, 2006 Adams M East Federal Credit Union Mycom Federal Credit Union
Feb 11, 2006 Heritage Co-operative Bank Salem Five Cents Savings Bank
Feb 1, 2006 Our Lady of the Assumption Federal Credit Union Saint Anthony of New Bedford Federal Credit Union
Dec 28, 2005 Westfield River Federal Credit Union Polish National Credit Union
Nov 29, 2005 Asian American Bank and Trust Company United Commercial Bank
Nov 16, 2005 Beacon Fiduciary Advisors, Inc. The Bank of New York Mellon Trust Company, N.A.
Oct 22, 2005 Four Rivers Federal Credit Union Freedom Credit Union
Sep 1, 2005 Nebco Credit Union Metro Credit Union
Sep 1, 2005 Williamstown M E Federal Credit Union Greylock Federal Credit Union
Jul 1, 2005 Asnacomet Federal Credit Union Gfa Federal Credit Union
Jul 1, 2005 Chelmsford Credit Union Workers Federal Credit Union
Jun 1, 2005 Woronoco Savings Bank Berkshire Bank
May 28, 2005 Plymouth Savings Bank Eastern Bank
Apr 30, 2005 Atlantic Trust Company N.A. (unnamed)
Apr 8, 2005 Saint Stanislaus Federal Credit Union St. Anne's Credit Union
Apr 5, 2005 Chart Bank, A Cooperative Bank Benjamin Franklin Bank
Feb 28, 2005 Ukrainian Fraternal Federal Credit Union Ukrainian Federal Credit Union
Jan 22, 2005 Boston Federal Savings Bank TD Bank, N.A.
Jan 22, 2005 Bostonfed Bancorp, Inc. TD Bank US Holding Company
Jan 8, 2005 Medford Co-operative Bank Beacon Bank & Trust
Jan 1, 2005 Dunkin Donuts Employees Credit Union Members Plus Credit Union
Jan 1, 2005 Graphic Arts Credit Union Metro Credit Union
Jan 1, 2005 1st Universal Federal Credit Union Arise Federal Credit Union
Jan 1, 2005 Plymouth Bancorp, Inc. Eastern Bankshares Inc
Nov 1, 2004 New Boston Federal Credit Union Tremont Credit Union
Aug 1, 2004 Shermco Federal Credit Union RTN Federal Credit Union
Aug 1, 2004 Key Credit Union St. Jean's Credit Union
Jul 24, 2004 Compass Bank for Savings Santander Bank, N.A.
Jul 24, 2004 Seacoast Financial Services Corporation Sovereign Bancorp, Inc.
Jul 23, 2004 Nantucket Bank Santander Bank, N.A.
Jul 17, 2004 Falmouth Co-operative Bank Rockland Trust Company
May 15, 2004 First Federal Savings Bank of America Webster Bank, N.A.
May 15, 2004 Firstfed America Bancorp, Inc. Webster Financial Corporation
May 3, 2004 FHBT Credit Union Freedom Credit Union
May 1, 2004 CCBT Financial Companies, Inc. TD Bank US Holding Company
May 1, 2004 Cape Cod Bank and Trust, National Association TD Bank, N.A.
May 1, 2004 Foxborough Savings Bank TD Bank, N.A.
Apr 29, 2004 Abington Savings Bank Compass Bank for Savings
Apr 29, 2004 Abington Bancorp, Inc. Seacoast Financial Services Corporation
Apr 28, 2004 Hayburne, Inc. The Bank of Western Massachusetts
Apr 1, 2004 Fleetboston Financial Corporation Bank of America Corporation
Mar 1, 2004 Carmel Credit Union Metro Credit Union
Mar 1, 2004 Rising Employees Federal Credit Union Greylock Federal Credit Union
Feb 20, 2004 Horizon Bank and Trust Company South Shore Bank
Feb 7, 2004 First Essex Bank Santander Bank, N.A.
Jan 1, 2004 Westford Municipal Employees Federal Credit Union Workers Federal Credit Union
Jan 1, 2004 First & Ocean Bancorp TD Bank US Holding Company
Dec 31, 2003 The Broadway National Bank of Chelsea Boston Federal Savings Bank
Nov 1, 2003 Community Bancorp, Inc. Citizens Financial Group, Inc.