2007 Decisions of the Commissioner of Banks and Board of Bank Incorporation

Through these decisions, the Division of Banks (DOB) offers perspective on current issues and questions in the financial services industry.
  • Decision of January 18, 2007
    • In the matter of the merger of Bankmalden, a Co-operative Bank, Malden, Massachusetts with and into Danversbank, Danvers, Massachusetts
  • Decision of February 13, 2007
    • Decision relative to the application of Lehman Brothers Bank, FSB, Wilmington, Delaware to merge with Capital Crossing Bank, Boston, Massachusetts in a multi-step transaction
  • Decision of February 13, 2007
    • Decision relative to the application of Lehman Brothers Bank, FSB, Wilmington, Delaware and certain related parties to acquire Capital Crossing Bank, Boston, Massachusetts
  • Decision of March 2, 2007
    • Decision on the applications relative to the reorganization into a mutual holding company by Bay State Savings Bank, Worcester, Massachusetts
  • Decision of March 2, 2007
    • Decision on the applications relative to the reorganization into a mutual holding company by Marlborough Savings Bank, Marlborough, Massachusetts
  • Decision of March 2, 2007
    • Decision on the applications relative to the reorganization into a mutual holding company by Spencer Savings Bank, Spencer, Massachusetts
  • Decision of March 21, 2007
    • Decision relative to the merger of Dedham Co-operative Bank, Dedham, Massachusetts with and into Needham Co-operative Bank, Needham, Massachusetts
  • Decision of April 12, 2007
    • In the matter of the merger of Ipswich Co-operative Bank, Ipswich, Massachusetts with and into Institution for Savings in Newburyport and its Vicinity, Newburyport, Massachusetts
  • Decision of April 18, 2007
    • Decision relative to the petition of Toronto-Dominion Bank, Toronto, Ontario, Canada to increase to 100% its ownership of TD Banknorth, Inc., Portland, Maine
  • Decision of April 27, 2007
    • Decision on the petition to establish Nuvo Bank and Trust Company, Springfield, Massachusetts
  • Decision of April 27, 2007
    • Decision on the petition to establish Veritas Bank in Lawrence, Massachusetts
  • Decision of May 9, 2007
    • In the matter of the merger of the Sharon Co-operative Bank, Sharon, Massachusetts with and into Eastern Bank, Boston, Massachusetts
  • Decision of May 10, 2007
    • Decision relative to the application of Butler Bancorp, MHC and its mid-tier subsidiary, Lowell, Massachusetts to become bank holding companies through the acquisition of Marlborough Bancorp, MHC and its subsidiary bank, Marlborough Co-operative Bank, Marlborough, Massachusetts
  • Decision of May 14, 2007
    • Decision relative to the application of Chittenden Corporation, Burlington, Vermont to acquire Merrill Merchants Bancshares, Inc., Bangor, Maine
  • Decision of June 1, 2007
    • Decision relative to the application of MountainOne Financial Partners, MHC and its mid-tier subsidiary, North Adams, Massachusetts to acquire South Coastal Holdings, MHC and its subsidiary bank, South Coastal Bank, Rockland, Massachusetts  
  • Decision of June 21, 2007
    • Decision relative to the petition of Boston Private Financial Holdings, Inc., Boston, Massachusetts to acquire Charter Financial Bank Corporation, Bellevue, Washington
  • Decision of June 25, 2007
    • Decision relative to the petition of Mellon Financial Corporation, Pittsburgh, Pennsylvania and the Bank of New York Company, Inc., New York, New York to merge and acquire ownership and control of Mellon Trust of New England, N.A., Boston, Massachusetts
  • Decision of June 26, 2007
    • Decision relative to the application of BankFive, MHC and its mid-tier subsidiary, BankFive Corporation, Fall River, Massachusetts to become a bank holding company through the acquisition of New Bedford Community Bancorp and its subsidiary bank, Luzo Community Bank, New Bedford, Massachusetts
  • Decision of June 26, 2007
    • Decision relative to the application of Luzo Community Bank, New Bedford, Massachusetts to merge with Fall River Five Cents Avings Bank D/B/A BankFive, Fall River, Massachusetts
  • Decision of June 26, 2007
    • Decision relative to the merger of Investors Bank & Trust Company, Boston, Massachusetts with and into State Street Bank and Trust Company, Boston, Massachusetts
  • Decision of June 26, 2007
    • Decision relative to the petition of State Street Corporation, Boston, Massachusetts to acquire ownership and control of Investors Financial Services Corporation and Investors Bank & Trust Company, Boston, Massachusetts
  • Decision of June 27, 2007
    • Decision relative to the petition of Power Corporation of Canada and Power Financial Corporation, Montreal, Quebec, Canada to acquire Putnam Fiduciary Trust Company, Boston, Massachusetts, and indirect subsidiary of Putnam Investments Trust, Boston, Massachusetts
  • Decision of July 18, 2007
    • In the matter of the merger of Central Credit Union Fund, Inc., Auburn, Massachusetts with and into Members United Corporate Federal Credit Union, Warrenville, Illinois
  • Decision of August 23, 2007
    • Decision relative to the merger of the Westborough Bank, Westborough, Massachusetts with and into Hudson Savings Bank, Hudson, Massachusetts
  • Decision of August 23, 2007
    • Decision relative to the application of Assabet Valley Bancorp, Hudson, Massachusetts to acquire Westborough Bancorp, MHC and Westborough Financial Services, Inc. and its subsidiary bank, the Westborough Bank, Westborough, Massachusetts
  • Decision of September 19, 2007
    • Decision relative to the application of Berkshire Hills Bancorp, Inc., Pittsfield, Massachusetts to acquire Factory Point Bancorp, Inc., Manchester Center, Vermont
  • Decision of September 19, 2007
    • Decision relative to the merger of the Factory Point National Bank of Manchester Center, Manchester Center, Vermont with and into Berkshire Bank, Pittsfield, Massachusetts
  • Decision of October 10, 2007
    • Decision relative to the merger of Bridgewater Co-operative Bank, Bridgewater, Massachusetts with and into Mechanics' Co-operative Bank, Taunton, Massachusetts
  • Decision of October 12, 2007
    • In the matter of the merger of Martha's Vineyard Co-operative Bank, Vineyard Haven, Massachusetts with and into Dukes County Savings Bank, Edgartown, Massachusetts
  • Decision of October 25, 2007
    • Decision relative to the application of Chittenden Corporation, Burlington, Vermont to acquire Community Bank & Trust Company, Wolfeboro, New Hampshire
  • Decision of December 28, 2007
    • Decision relative to the merger of Flagship Bank and Trust Company, Worcester, Massachusetts with and into Flagship Interim, FSB, Worcester, Massachusetts
  • Decision of December 28, 2007
    • Decision relative to the merger of the Bank of Western Massachusetts, Springfield, Massachusetts with and into Western Massachusetts Interim, FSB, Springfield, Massachusetts
  • Decision of December 28, 2007
    • Decision relative to the petition of People's United Financial, Inc. and People's United Bank, Bridgeport, Connecticut to acquire Chittenden Corporation, Burlington, Vermont

 

 

 

 

 

 

 

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