Public Information Documents

Actions taken by the Federal Reserve Bank of Boston under delegated authority

Bank Branches, Domestic
Cornerstone Bank, Spencer, Massachusetts -- to establish a branch at 1125 Pleasant Street, Worcester, Massachusetts.
- Approved, November 21, 2024
Brookline Bank, Brookline, Massachusetts -- to establish a branch at 435 Winthrop Avenue, [Lawrence, Massachusetts.]
- Approved, August 14, 2024
Fall River Five Cents Savings Bank, Fall River, Massachusetts -- to establish a branch at 1060 Centerville Road, Warwick, Rhode Island.
- Approved, June 28, 2024
Profile Bank, Rochester, New Hampshire -- to establish a branch at 538 Central Avenue, [Dover, New Hampshire.]
- Approved, May 9, 2024
Fall River Five Cents Savings Bank, Fall River, Massachusetts -- to establish a branch at 875 State Road, Westport, Massachusetts.
- Approved, May 7, 2024
Bank Holding Companies
Mutual Bancorp, Hyannis, Massachusetts -- relief from certain commitments.
- Granted, June 26, 2024
Hometown Financial Group, MHC, and Hometown Financial Group, Inc., both of Easthampton, Massachusetts -- to merge with North Shore Bancorp and thereby indirectly acquire North Shore Bank, both of Peabody, Massachusetts.
- Approved, June 21, 2024
Eastern Bankshares, Inc., Boston, Massachusetts -- to acquire Cambridge Bancorp and thereby indirectly acquire Cambridge Trust Company, both of Cambridge, Massachusetts.
- Approved, May 24, 2024
Bank Mergers
North Shore Bank, a Co-operative Bank, Peabody, Massachusetts -- to merge with and into Abington Bank, Abington, Massachusetts, and thereby establish branches.
- Approved, June 21, 2024
Change In Bank Control
Guaranty Bancorp, Inc., Woodsville, New Hampshire -- the Walter & Carole Young Living Trust, Stephen U. Samaha, as co-trustee, both of Littleton, New Hampshire, and Neil I. Geschwind, as co-trustee, Melville, New York, and the Sarah W. Samaha Revocable Trust, Sarah W. Samaha, as co-trustee, both of Sugar Hill, New Hampshire, and Stephen U. Samaha, as co-trustee; a group acting in concert, to retain voting shares of Guaranty Bancorp, Inc., and thereby indirectly retain voting shares of Woodsville Guaranty Savings Bank, Woodsville, New Hampshire.
- Permitted, March 29, 2024
Guaranty Bancorp, Inc., Woodsville, New Hampshire -- Walter & Carole Young Living Trust, Stephen U. Samaha, as co-trustee, both of Littleton, New Hampshire; and Neil I. Geschwind, as co-trustee, Hauppauge, New York; a group acting in concert to retain voting shares of Guaranty Bancorp, Inc., and thereby indirectly retain voting shares of Woodsville Guaranty Savings Bank, Woodsville, New Hampshire.
- Withdrawn, January 16, 2024
Membership
North Shore Bank, A Co-operative Bank, Peabody, Massachusetts -- to become a member of the Federal Reserve System.
- Approved, May 24, 2024
Banks, State Member
Brattleboro Savings & Loan Association, Brattleboro, Vermont -- to make certain public welfare investments (two requests).
- Approved, November 12, 2024

Last Update: November 29, 2024