Public Information Documents

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

Bank Holding Companies
Ion Financial, MHC, Naugatuck, Connecticut -- to become a bank holding company by acquiring NVE Bancorp, MHC, and NVE Bancorp, Inc., and thereby indirectly acquiring NVE Bank, all of Englewood, [New Jersey.]
- Approved, February 28, 2025
Winchester Bancorp, MHC, Winchester, Massachusetts -- to become a bank holding company by acquiring voting shares of Winchester Bancorp, Inc., a mid-tier holding company, through a mutual holding company reorganization and minority stock issuance, and thereby indirectly acquire Winchester Savings Bank, Winchester, Massachusetts.
- Approved, February 10, 2025
River Run Bancorp, MHC, Newburyport, Massachusetts -- to merge with Rollstone Bancorp, MHC, Fitchburg, Massachusetts, and thereby indirectly acquire Rollstone Bank & Trust.
- Withdrawn, January 24, 2025
Liberty Financial Corporation, Middletown, Connecticut -- to become a bank holding company by acquiring Liberty Bank, Middletown, Connecticut.
- Approved, January 17, 2025
PeoplesBancorp, MHC, Holyoke, Massachusetts -- to merge with SSB Community Bancorp MHC and thereby indirectly acquire SSB Community Bancorp Inc. and Cornerstone Bank, all of Spencer, Massachusetts.
- Approved, January 15, 2025
Bank Mergers
Reading Co-Operative Bank, Reading, Massachusetts -- to merge with Wakefield Co-operative Bank, Wakefield, Massachusetts, and thereby establish branches at Wakefield Co-operative Bank's main office and branches.
- Approved, March 10, 2025
Change In Bank Control
Guaranty Bancorp, Inc., Woodsville, New Hampshire -- the Charles P. Butson Living Trust and the Michele F. Butson Living Trust, Charles P. Butson and Michele F. Butson, as co-trustees of both aforementioned trusts, all of Bradenton, Florida, and others, as 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, April 18, 2025

Last Update: May 15, 2025