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The bank was established in 1885 as Lowell Co-operative Bank. [3] In January 2009, the bank was recapitalized though a supervisory stock conversion, converting from a mutual co-operative bank to a stock co-operative bank. [4] [5] In December 2010, the bank acquired the assets of Omega Mortgage Corporation. [4] [6]
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The bank's founders were largely made up of merchants who wanted to use a U.S., rather than British bank to send money abroad. It was first headquartered at the old Manufactory House, near Boston Common. [2] The bank was the only bank in the city of Boston until the Union Bank (later the Bank of New England) was founded in 1792. This bank ...
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The Provident became a wholly owned subsidiary of Hartford National. However, The Provident, which is the fourth-largest savings bank in Massachusetts, will continue to operate under the name it has been using since 1816." [8] The bank kept its original name through 1992. In 1993, the Provident was merged into Shawmut Bank. [9] [10]
Sage Pasch has a baby face — and a 15-year-old son. "I definitely do a lot of explaining," Pasch, who is in her twenties, tells TODAY.com.
Berkshire Bank is an American bank headquartered in Boston, Massachusetts. It is a subsidiary of Berkshire Hills Bancorp, a bank holding company . The bank operates 83 branches in New England , and New York, and is the third largest regional bank headquartered in Massachusetts .
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