The holding companies for Oxford-based Hometown Bank and Easthampton Savings Bank will merge during the first quarter of 2016, and the banks will form a “strategic partnership” while maintaining autonomy, according to a statement from the banks Monday.
Barre Savings Bank and Fidelity Bank have decided to combine forces under the Fidelity banner. The merger, once it's completed next year, will create the second-largest mutual community bank in Worcester County, behind Hudson-based Avidia Bank.
Fidelity Bank is set to become the second-largest mutual community bank in Worcester County by agreeing to take over Barre Savings Bank as the two institutions announced a merger accord Wednesday.
The mortgage market for home purchases in Central Massachusetts is growing on a rising tide of sales, just in time for an expected slowdown in refinancing.
A Westborough lender has been ordered to reimburse hundreds of customers who signed up for deferred-interest loans for dental work and were allegedly told the loans were interest free.
More than 14,000 Massachusetts residents have received checks for $205.52 each from Fidelity Bank of Fitchburg as part of a relief fund settlement reached last year with the state, Secretary of the Commonwealth William F. Galvin announced Friday.