Mutual Holding Company Combination Archives

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PeoplesBank, Cornerstone Bank to Merge

by James Sanna | Jun 21, 2024 | Banking & Lending, CR Daily, Industry News

A significant player in the central Connecticut banking market and a prominent Worcester-area lender say they plan to merge holding companies, the latest pair of mutual banks to combine using this increasingly popular method.

PeoplesBank, Cornerstone Bank to Merge

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