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

Bank Branches, Domestic
Mascoma Bank, Lebanon, New Hampshire -- to establish branches at 242-244 North Winooski Avenue, Burlington, Vermont, and 431 Pine Street.
- Approved, August 8, 2019
State Street Bank and Trust Company, Boston, Massachusetts -- to establish a branch at 525 Washington Boulevard, Jersey City, New Jersey.
- Withdrawn, July 29, 2019
Easthampton Savings Bank, Easthampton, Massachusetts -- to establish a de novo branch at 253 Triangle Street, Amherst.
- Withdrawn, June 18, 2019
Mascoma Bank, Lebanon, New Hampshire -- to establish a branch at 1185 Shelburne Road, South Burlington, Vermont.
- Approved, April 29, 2019
BankNewport, Newport, Rhode Island -- to establish a branch at 1423 Hartford Avenue, Johnston.
- Approved, April 26, 2019
Bank Holding Companies
Provident Bancorp Inc., Amesbury, Massachusetts (a newly formed Maryland corporation) -- to acquire Provident Bank, Amesbury, in connection with the second-step conversion of Provident Bancorp Inc. from mutual to stock form.
- Approved, August 6, 2019
North Shore Bancorp, Peabody, Massachusetts -- waiver of application to acquire Beverly Financial, MHC, Beverly, in connection with the merger of Beverly Bank with and into North Shore Bank, Peabody.
- Granted, July 17, 2019
HarborOne Northeast Bancorp, Inc., Brockton, Massachusetts -- to acquire HarborOne Bank, Brockton, in connection with the second-step conversion of HarborOne Mutual Bancshares from mutual to stock form.
- Approved, June 21, 2019
Radius Bancorp, Inc., Boston, Massachusetts -- to become a bank holding company following the conversion of its subsidiary, Radius Bank, Boston, from a federal savings bank to a state-chartered trust company.
- Withdrawn, February 8, 2019
Bank Mergers
Hometown Bank, Oxford, Massachusetts -- to acquire Millbury Savings Bank, Millbury, with Hometown Bank as the surviving entity.
- Approved, July 29, 2019
Pilgrim Bank, Cohasset, Massachusetts -- to merge with Abington Bank (Abington), Abington, with Pilgrim Bank as the surviving entity to be renamed Abington Bank, and thereby acquire branches.
- Approved, May 2, 2019
Equitable Bank, East Weymouth, Massachusetts -- to merge with Coastal Heritage Bank, Weymouth, and thereby establish branches.
- Approved, January 24, 2019
International Operations
State Street Bank and Trust Company, Boston, Massachusetts, and State Street International Holdings (SSIH) -- prior notice to invest in certain subsidiaries of SSIH, under Regulation K.
- No Objection, August 9, 2019
Membership
Radius Bank, Boston, Massachusetts -- to become a member of the Federal Reserve System.
- Withdrawn, February 8, 2019
Savings and Loan Holding Companies
Middlesex Federal MHC, Sommerville, Massachusetts -- to become a mutual savings and loan holding company in connection with the reorganization of Middlesex Federal Savings, F.A., Somerville, from a federal mutual savings association to a stock savings association.
- Approved, August 12, 2019
First Seacoast Bancorp, MHC (MHC), Dover, New Hampshire; and First Seacoast Bancorp (Bancorp) -- for MHC and Bancorp to become savings and loan holding companies by acquiring Federal Savings Bank, Dover, to be renamed First Seacoast Bank; and for Bancorp to conduct a minority stock issuance.
- Approved, May 10, 2019
The Jamestown Trust#1, Warwick, Rhode Island; The Jamestown Trust#2; The Jamestown Trust#3; The Jamestown Trust#4; The Geesala Trust #1; The Geesala Trust #2; The Geesala Trust #3; The Geesala Trust #4 -- to retroactively form savings and loan holdings companies and retain control of Prospect Financial Corporation, Warwick, and its wholly owned subsidiary, Home Loan Investment Bank, F.S.B.
- Approved, March 27, 2019

Last Update: August 22, 2019