By the Division of Banks

Event Detail

Veritas Bank - forming a corporation 
Type of Event:Public Hearing
Date:04/17/2008, 11:00 AM


The following individuals have associated themselves by an agreement in writing for the purpose, and are hereby giving notice to the Board of Bank Incorporation (the "Board") of their intention, of forming a corporation according to the provisions of Massachusetts General Laws chapter 168, sections 4 and 5, and any and all acts in amendment thereof and, in conjunction therewith, of forming a savings bank to be known as:


to conduct business from its office in Lawrence, Massachusetts.


Pedro L. ArceRobert C. AutieriJohn J. DeRosas
Richard J. DeRosasJeffrey A. GibbonsArmand M. Hyatt
Alvaro LimaAntonio LopezSalvatore N. Lupoli
Kenneth E. MacKenzieWilliam T. Novelline, Jr.Shailesh Patel
Javier PicoCarol I. SanchezPatricia C. Sanchez-Reyes
Michael Zellen  

In determining whether or not to approve this petition, the Board must decide whether competition among banking institutions will be unreasonably effected; public convenience and advantage will be promoted; and whether other statutory criteria are met by the proposal. A public hearing on this petition will be given to all interested parties on Thursday, April 17, 2008 at 11:00 a.m. at One South Station, 5th Floor Hearing Room, Boston, Massachusetts. Any interested party other than the Petitioners should file communications, including briefs in favor of or protest, with the Board at the following address by April 17, 2008. The Petitioner's application, and all communications relative to this matter are available for public inspection at One South Station, Third Floor, Boston, Massachusetts 02110.

Board of Bank

Steven L. Antonakes
Commissioner of Banks

Navjeet Bal
Commissioner of Revenue

Timothy P. Cahill
Treasurer and Receiver-General

Written comments:

accepted until: 04/17/2008

Location:5th Floor Hearing Room A, DOB Main Office
One South Station
Boston, MA
Contact:DOB -- Massachusetts Division Of Banks
Registration:No Registration