In a bid to resolve a dispute over the state's deposit cap,
The House also agreed to create a commission to examine whether the cap
The bill is awaiting Senate passage, which is expected shortly.
The deposit cap has long been a facet of Massachusetts banking. It
The Community Bank League of New England, which represents thrifts,
The group has points out that the three banks already control 56%,
Citizens Financial Group had also opposed the cap increase, saying no
The compromise has the support of the Massachusetts Bankers Association,
"It's a reasonable way to address the concerns," said Kevin Kiley,
The bill is expected to be signed by the governor.