/PRNewswire/ Mutual Bancorp, the parent company of Cape Cod 5 headquartered in Hyannis, MA, announced that it has officially completed the planned merger.
LEOMINSTER Fidelity Bank and Cape Cod 5, based in Hyannis, announced Thursday that they have reached an agreement to merge their respective mutual holding companies under one multibank holding company, Mutual Bancorp. Both banks will continue to operate independently as two separate financial institutions maintaining their respective names and brands, while continuing their missions […]
( Sept. 22, 2023 ) Cape Cod 5, with two branches on Nantucket, and Fidelity Bank, headquartered in Leominster, announced Thursday that they have reached an agreement to merge their respective mutual …
Sometimes banks opt to consolidate in order to offer their clients access to bigger loans and better resources, while other times they unite as a competitive strategy against banks with more assets.