Federal Reserve System Seeks Public Input on Bank Holding Company Applications in Massachusetts
September 06, 2025
September 06, 2025
WASHINGTON, Sept. 6 (TNSFR) -- The Federal Reserve System is considering applications from two companies seeking to become bank holding companies or to acquire control of a bank in Massachusetts.
One of the applications is from MountainOne Financial MHC, and its subsidiary, MountainOne Financial Inc., both of North Adams, Massachusetts. The companies propose to merge with Mechanics Bancorp MHC and Mechanics Bancorp Inc. The merger would result in the indirect acquisition of Mechanic . . .
One of the applications is from MountainOne Financial MHC, and its subsidiary, MountainOne Financial Inc., both of North Adams, Massachusetts. The companies propose to merge with Mechanics Bancorp MHC and Mechanics Bancorp Inc. The merger would result in the indirect acquisition of Mechanic . . .