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State Coverage: Massachusetts

MountainOne in Massachusetts Merging Two of Its Thrifts

American Banker | Jan 31

MountainOne Financial Partners in North Adams, Mass., is merging two of its thrifts under one charter in an effort to become more efficient.

Boston Private Returns to Profitability in 2011

American Banker | Jan 26

Improved asset quality helped Boston Private Financial Holdings Inc. return to the black in 2011 despite declines in revenue.

Brookline's 4Q Earnings Rise Despite Merger-Related Expenses

American Banker | Jan 26

Brookline Bancorp Inc.'s fourth-quarter and full-year results rose despite costs associated with acquisitions.

Webster First FCU Enters Boston Market with Third Merger of the Year

American Banker | Dec 16

Fast-growing Webster First FCU, which entered the Bay State's north shore earlier this year with a deal for Saugus FCU, has agreed to acquire Winthrop FCU, its third merger of 2011, giving it a presence in the Boston market.

Fed Finally Approves Brookline’s Purchase of Bancorp Rhode Island

American Banker | Dec 08

The Federal Reserve Board said Thursday that it had approved Brookline Bancorp Inc.'s acquisition of Bancorp Rhode Island Inc. in Providence, R.I.

Hampden Bancorp in Massachusetts Taps New President

American Banker | Dec 01

Hampden Bancorp Inc. in Springfield, Mass., has promoted its business banking executive to become president and chief operating officer.

Two East Coast Banks Planning to Go Public

American Banker | Nov 29

A Maryland bank is planning a $5 million initial public offering, while a Massachusetts mutual holding company is looking to take the second step in its conversion to become fully public.

Brookline Delays Highlight Anxiety with Stalled Deals

American Banker | Nov 16

A pair of healthy banks destined to be partners are nearing deadline as investors anxiously wait.

Acquisitive NBH in Boston Planning IPO

American Banker | Nov 15

NBH Holdings in Boston is the latest bank roll-up group to file for an initial public offering so that its stock can be traded on the open markets.

Bank Buyers to Sellers: Get Real on Price

American Banker | Nov 10

Four community bankers on the hunt for acquisitions warned prospective sellers that they will have little say in how much they get paid.

Berkshire Hills to Buy Connecticut Bank and Trust for $30 Million

American Banker | Oct 26

Fast-growing Berkshire Hills Bancorp Inc. in Pittsfield, Mass., is expanding into Connecticut with a deal to acquire the Connecticut Bank and Trust Co. in Hartford for $30 million in cash and stock.

Loan Demand Drives Profit Growth at Enterprise

American Banker | Oct 24

Enterprise Bancorp Inc. in Lowell, Mass., posted third-quarter earnings of $2.9 million, up almost 8% year over year, due to strong loan growth.

Brookline Reviewing Loan Accounting, Delays 3Q Earnings

American Banker | Oct 20

Brookline Bancorp Inc.'s shares were down almost 6% Thursday morning after the company said it was delaying the release of its third-quarter earnings report.

Free Falling

American Banker | Oct 05

Bank executive makes good on promise to repel off building for a charitable cause.

Two New England Banks Repay TARP Debt

American Banker | Aug 26

Two more community banks have exited the Treasury Department's Troubled Asset Relief Program with loans they received from another government fund designed to encourage small-business lending.

Survey

Facebook's securities filings show its Facebook Credits digital currency business is exploding. Does it pose a serious threat to banks?
Yes. Facebook Credits threatens to cut off banks from transactions and customer data.
No. A system the enables users to pay for online games and page upgrades is a harmless niche.
Maybe. It depends on whether Facebook makes an aggressive move into ecommerce.
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