trending Market Intelligence /marketintelligence/en/news-insights/trending/cM6OWb22VwVGyra5wgRQcQ2 content esgSubNav
In This List

BankHometown completes merger with Millbury Savings Bank


Banking Essentials Newsletter: 17th April Edition


Banking Essentials Newsletter: 7th February Edition

Case Study

A Bank Outsources Data Gathering to Meet Basel III Regulations


Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)

BankHometown completes merger with Millbury Savings Bank

Oxford, Mass.-based bankHometown completed its merger with Millbury Savings Bank,

With the deal's completion, bankHometown now has $1 billion in assets and 15 branches throughout central Massachusetts and northeastern Connecticut. The bank plans to open a new branch on Grove Street in Worcester in early 2020.

Matthew Sosik, former president and CEO of bankHometown, will continue in role as CEO of Hometown Financial Group Inc. and Easthampton Savings Bank, which does business as bankESB.

In addition, bankHometown announced the appointment of Millbury Savings Bank President and CEO Robert Morton as its president.