ACTON, Mass. - Cooperative Bank of Concord reported net income for 1994 of $7 million, down from $9.2 million in 1993.

But 1993 net income included a change in accounting principles and the acceleration of the unearned discount on loans totaling 70 cents per share.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.