Four additional banks or thrifts are said to be readying offers for Sandwich Bancorp, already the object of a bidding war between CompassBank of New Bedford, Mass., and Cape Cod Bank and Trust Co. of Hyannis, Mass.

The offers may come from UST Corp. of Boston; Chittenden Corp. of Burlington, Vt.; Peoples Heritage Financial Group of Portland, Me.; and Citizens Financial Group, a Providence, R.I., thrift co-owned by the Royal Bank of Scotland PLC and Bank of Ireland.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

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