Related to:

Westfield Financial, Inc., Westfield, Massachusetts to acquire Chicopee Savings Bank, Chicopee, Massachusetts through a merger with its holding company, Chicopee Bancorp, Inc., Chicopee

Wednesday, September 21, 2016
11 a.m. - 1 p.m.

Address

1000 Washington Street, Hearing Room 1-E, 1st Floor, Boston, MA 02118

Contact

Division of Banks

Address

Main Office
1000 Washington Street, 10th Floor, Boston, MA 02118-6400

Phone

Open Monday through Friday 9:00 am - 5:00 pm.

Open Monday through Friday 9:00 am - 5:00 pm.

Open Monday through Friday 9:00 am - 5:00 pm. Use this number if you are hearing impaired.

Fax

(617) 956-1599

Overview

The Commonwealth of Massachusetts Board of Bank Incorporation

Westfield Financial, Inc. (Westfield), Westfield, Massachusetts, has petitioned the Board of Bank Incorporation (Board) pursuant to Massachusetts General Laws, chapter 167A, sections 2 and 4 for approval to acquire Chicopee Savings Bank (Chicopee), Chicopee, Massachusetts through a merger with its holding company, Chicopee Bancorp, Inc., Chicopee, Massachusetts. In a related transaction, CHICOPEE will be merged with and into Westfield’s federal savings association subsidiary, Westfield Bank, Westfield, Massachusetts and the banking offices of Chicopee will become branch offices of Westfield.

In determining whether or not to approve the matter before it, the Board must decide, among other things, 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 September 21, 2016 at 11:00 a.m. in Hearing Room 1-E, First Floor, 1000 Washington Street, Boston, Massachusetts.

All comments concerning this petition, however, must be filed with the Board by the close of business on October 5, 2016 at the following address.  The applications and all communications relative to these matters are available for public inspection at the Division at 1000 Washington Street, 10th Floor, Boston, MA 02118-6400.

Board of Bank
Incorporation

David J. Cotney
______________________
Commissioner of Banks


Deborah B. Goldberg
______________________
Treasurer and Receiver-General


Michael J. Heffernan
______________________
Commissioner of Revenue

You will need

Written comments accepted until October 5, 2016

Contact

Address

Main Office
1000 Washington Street, 10th Floor, Boston, MA 02118-6400

Phone

Open Monday through Friday 9:00 am - 5:00 pm.

Open Monday through Friday 9:00 am - 5:00 pm.

Open Monday through Friday 9:00 am - 5:00 pm. Use this number if you are hearing impaired.

Fax

(617) 956-1599

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