Excel Bancorp merging its two subsidiaries.

Excel Bancorp Merging Its Two Subsidiaries

QUINCY, Mass. - Excel Bancorp said its board has voted to merge its two subsidiaries, Quincy Savings Bank and Lincoln Trust Co., and adopt the Quincy bank's name.

Charles R. Simpson Jr., president and chief executive officer, said the combined institution will have greater financial strength and operating efficiencies.

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