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Home Community Banking

Massachusetts mutuals announce merger

April 8, 2026
Reading Time: 1 min read
OCC sees need for regulatory reform in bank merger process

Pittsfield Cooperative Bank in Pittsfield, Massachusetts, and Adams Community Bank in Adams, Massachusetts, are planning to merge. The mutuals said in a press release that they will create a $1.5 billion-asset institution with 15 branches. Pittsfield Cooperative has $430 million of assets, while Adams Community has $1 billion of assets.

M&A News is reported by Paul Davis and reprinted with permission as an adaptation of the material from TheBankSlate.com.

Editor’s note: This story has been updated to correct the total assets of both banks.

Tags: Mergers and acquisitions
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