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Barre Savings Bank merges with Fidelity Co-operative Bank

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Barre Savings Bank merges with Fidelity Co-operative Bank

Barre, Mass.-based Barre Savings Bank completed the with Leominster, Mass.-basedFidelity Co-operativeBank, effective April 1, according to information posted on theformer's website.

System conversion will occur the weekend of May 14 and May15. Full conversion of the systems will not be complete until May 16.

As of Dec. 31, 2015, Barre Savings Bank had total assets of approximately$149.7 million, while Fidelity Co-operative Bank had total assets of about$622.3 million, according to SNL data.

Fidelity Co-operative Bank is a unit of , which in turnis a subsidiary of FidelityMutual Holding Co.