By the Division of Banks

Event Detail

Public Hearing on Approval for Brookline Bancorp, Inc. to Acquire First Ipswich Bancorp
Type of Event: Public Hearing
Date: 01/06/2011, 1:00 PM



Brookline Bancorp, Inc. (the "Petitioner" ), Brookline, Massachusetts, has petitioned the Board of Bank Incorporation (the "Board") pursuant to Massachusetts General Laws, chapter 167A, sections 2 and 4 for approval to acquire First Ipswich Bancorp, Ipswich, Massachusetts. First Ipswich Bancorp is the holding company for First National Bank of Ipswich, Ipswich, Massachusetts. In the Commonwealth, the Petitioner is the holding company for Brookline Bank, Brookline, Massachusetts.

In determining whether or not to approve the petition the Board must decide whether competition among banking institutions will be unreasonably affected and whether public convenience and advantage will be promoted by this proposal. A public hearing will be given to all interested parties on the petition before the Board on Thursday, January 6, 2011 at 1:00 p.m., in Hearing Room 1E, First Floor, 1000 Washington Street, Boston, Massachusetts. Any interested party other than the Petitioner should file communications, including briefs in favor of or protest, with the Board at 1000 Washington Street, Boston, Massachusetts 02118-6400.

All comments concerning this petition, however, must be filed with the Board by the close of business January 11, 2011. The applications and all communications relative to these matters are available for public inspection at the above address.

Board of Bank

David J. Cotney
Acting Commissioner of Banks

Navjeet K. Bal
Commissioner of Revenue

Timothy P. Cahill
Treasurer and Receiver-General

Written comments:

accepted until: 01/11/2011

Location: 1000 Washington Street
Hearing Room 1E
First Floor
Boston, Massachusetts
Contact: DOB -- Massachusetts Division Of Banks
Registration: No Registration
Fee: none