BOSTON The Massachusetts Bankers Association and the Community Bank League of New England have agreed to merge.
Members of both groups voted last month on the merger, which goes into effect July 1. The organization will take the Massachusetts Bankers Association name.
Most of the Community Bank Leagues 101 members are thrifts, but the rolls also include some commercial and cooperative banks. All are in New England, predominantly in Massachusetts.
The Massachusetts associations membership is made up of more than 230 commercial, savings, and cooperative banks, and thrifts.
Daniel J. Forte, the president and chief executive officer of the Massachusetts Bankers Association, will head the new organization. He joined the group in 1985 upon its merger with the Savings Banks Association of Massachusetts.
