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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
Nov 1, 2003 Community National Bank Citizens Bank of Massachusetts
Sep 30, 2003 CSB Preferred Capital Corp Legacy Banks
Sep 22, 2003 Newton South Co-operative Bank The Village Bank
Aug 1, 2003 CambridgePort Bank Citizens Bank of Massachusetts
Jul 31, 2003 Plan Credit Union Tremont Credit Union
Jul 31, 2003 Latvian Credit Union Tremont Credit Union
Jul 16, 2003 Fall River Herald News Employees Federal Credit Union Fall River Municipal Credit Union
Jul 2, 2003 Va New England Federal Credit Union Hanscom Federal Credit Union
Jul 1, 2003 Mellon Growth Advisors LLC Mellon Trust of New England, National Association
Jul 1, 2003 TWH Credit Union Metro Credit Union
Jun 1, 2003 Bay State Federal Savings Bank Compass Bank for Savings
Jan 1, 2003 Warren Bancorp, Inc. TD Bank US Holding Company
Jan 1, 2003 Warren Five Cents Savings Bank TD Bank, N.A.
Nov 22, 2002 Eastern Bank & Trust Eastern Bank
Oct 16, 2002 Medford Savings Bank Citizens Bank of Massachusetts
Oct 16, 2002 Medford Bancorp, Inc. Citizens Financial Group, Inc.
Sep 14, 2002 Massachusetts Co-operative Bank Abington Savings Bank
Jul 27, 2002 Ipswich Bancshares, Inc. TD Bank US Holding Company
Jul 27, 2002 Ipswich Savings Bank TD Bank, N.A.
Jul 1, 2002 Blessed Sacrament Federal Credit Union SJB Federal Credit Union
Jul 1, 2002 Middlesex Bank & Trust Company Connecticut Community Bank, N.A.
May 2, 2002 Williamstown Mutual Holding Company Mountainone Financial, MHC
Apr 1, 2002 Darex Federal Credit Union RTN Federal Credit Union
Mar 1, 2002 People's Savings Bank of Brockton First Federal Savings Bank of America
Mar 1, 2002 Liberty Bank and Trust Company General Bank
Jan 1, 2002 Gloucester Bank & Trust Company TD Bank, N.A.
Jan 1, 2002 Andover Bank TD Bank, N.A.
Jan 1, 2002 First Massachusetts Bank, National Association TD Bank, N.A.
Jan 1, 2002 Instron Employees Federal Credit Union Arise Federal Credit Union
Jan 1, 2002 Commonwealth Gas Employees Credit Union Allcom Credit Union
Jan 1, 2002 Lenox Savings Bank Legacy Banks
Nov 1, 2001 MetroWest Bank, National Association First Massachusetts Bank, National Association
Oct 31, 2001 Andover Bancorp, Inc. TD Bank US Holding Company
Sep 27, 2001 Revere Federal Savings and Loan Association Danversbank
Sep 1, 2001 Greater Boston Federal Credit Union Tremont Credit Union
Jul 17, 2001 Lighthouse Bank Beacon Bank & Trust
Jul 1, 2001 Spaulding Employees Credit Union Premier Source Credit Union
Jun 1, 2001 Swank Federal Credit Union Goldmark Federal Credit Union
Mar 31, 2001 PNC Advisors, National Association PNC Bank, N.A.
Mar 1, 2001 Millipore Employees Federal Credit Union Metro Credit Union
Mar 1, 2001 Amesbury Co-Operative Bank BankProv
Jan 1, 2001 555 Credit Union Arise Federal Credit Union
Dec 31, 2000 Home Port Bancorp, Inc. Seacoast Financial Services Corporation
Dec 1, 2000 Twin Meadows Federal Credit Union Premier Source Credit Union
Oct 2, 2000 Saint Elizabeths Fall River Federal Credit Union SJB Federal Credit Union
Jul 1, 2000 GBT Bancorp Andover Bancorp, Inc.
Jul 1, 2000 Adl Employees Federal Credit Union Tremont Credit Union
Apr 24, 2000 Lowell Postal Employees Credit Union First Priority Credit Union
Apr 1, 2000 Amherst Town Employees Federal Credit Union Umassfive College Federal Credit Union
Apr 1, 2000 Redberry Credit Union Members Plus Credit Union

The list holds the 500 most recent of 857 mergers.

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