Mutual banks

A mutual preservation pact in Ohio-Kentucky deal

08/20/19

First Mutual Holding is buying the tiny Blue Grass Federal and keeping its charter. The deal allow the seller to save costs and maintain its autonomy.

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Another former mutual is being sold to a credit union

08/01/19

3Rivers Federal Credit Union in Indiana will pay about $38 million for West End Bank.

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Mass. mutual planning second-step conversion

06/06/19

Provident Bancorp, one of the nation's oldest active banks, is setting the stage to become a fully stock-owned company.

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Cambridge Savings forms asset-based lending business

04/02/19

The Massachusetts mutual hired two former bankers from Blue Hills Bancorp, which was recently sold to Independent Bank.

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HarborOne in Mass. plans second-step conversion

03/05/19

The former credit union will shed its mutual status when it becomes a fully stock-owned company.

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Hometown strikes again with deal for Mass. thrift

02/27/19

Hometown, which agreed to buy Millbury Savings Bank, has already completed one acquisition this year and has another pending.

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'Nice try JPM, but no cigar': Comments of the week

02/21/19

Readers weigh legislative proposals on pot banking, consider JPMorgan's new digital coin, debate the Federal Deposit Insurance Corp.'s brokered deposit rules and more.

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One group's plea to move mutuals off endangered list: Relax de novo standards

02/14/19

While proponents contend the model could help reach the underbanked, there remain many arguments against it.

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Massachusetts mutual gains executive talent with latest merger

02/06/19

Hometown Financial will merge Abington Bank into Pilgrim Bank. The combined bank will be run by Andrew Raczka, Abington's CEO.

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Community Banker of the Year: Sound Financial's Laurie Stewart

11/29/18

Her guidance of a former credit union through the crisis and into a profitable bank, her advocacy for reg relief and other industry priorities, and her vocal support of women seeking to knock down many of the same workplace barriers she faced make her one of our Best in Banking honorees.

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