| Activity Date |
Activity Type |
Description |
| 10/31/2024 |
Acquisition of BHC by BHC |
PeoplesBancorp, MHC, Holyoke - permission to become a bank holding company through the acquisition of Cornerstone Bank, Spencer. PeoplesBancorp, MHC is the mutual holding company of PeoplesBank, Holyoke. The transaction will be effected through a merger of PeoplesBancorp, MHC with Cornerstone Bank’s mutual holding company, SSB Community Bancorp MHC, and the acquisition of Cornerstone Bank’s mid-tier holding Company, SSB Community Bancorp Inc., which will be renamed PeoplesBancorp, Inc. Upon consummation of the proposed transaction, PeoplesBancorp, MHC and PeoplesBancorp, Inc. would be the mutual holding company and mid-tier holding company for both PeoplesBank and Cornerstone Bank. Comment period ended October 16, 2024. |
| 9/30/2024 |
Public Hearing |
Hybrid Public Hearing
Tuesday, October 8, 2024
1000 Washington Street, Boston
First Floor, Room 1-D
11:00 a.m.
PeoplesBancorp, MHC, Holyoke - permission to become a bank holding company through the acquisition of Cornerstone Bank, Spencer. PeoplesBancorp, MHC is the mutual holding company of PeoplesBank, Holyoke. The transaction will be effected through a merger of PeoplesBancorp, MHC with Cornerstone Bank’s mutual holding company, SSB Community Bancorp MHC and the acquisition of Cornerstone Bank’s mid-tier holding Company, SSB Community Bancorp Inc. which will be renamed PeoplesBancorp, Inc. Upon consummation of the proposed transaction, PeoplesBancorp, MHC and PeoplesBancorp, Inc. would be the mutual holding company and mid-tier holding company for both PeoplesBank and Cornerstone Bank. Comment period ends October 16, 2024.
The hearing notice has been posted on the Division’s website. An updated post providing additional information regarding the virtual link to the hearing will be posted on Monday, October 7, 2024 by noon, and will be available at www.mass.gov/dob. |
| 8/30/2024 |
Public Hearing |
Hybrid Public Hearing
Tuesday, October 8, 2024
1000 Washington Street, Boston
First Floor, Room 1-D
11:00 a.m.
PeoplesBancorp, MHC, Holyoke - permission to become a bank holding company through the acquisition of Cornerstone Bank, Spencer. PeoplesBancorp, MHC is the mutual holding company of PeoplesBank, Holyoke. The transaction will be effected through a merger of PeoplesBancorp, MHC with Cornerstone Bank’s mutual holding company, SSB Community Bancorp MHC and the acquisition of Cornerstone Bank’s mid-tier holding Company, SSB Community Bancorp Inc. which will be renamed PeoplesBancorp, Inc. Upon consummation of the proposed transaction, PeoplesBancorp, MHC and PeoplesBancorp, Inc. would be the mutual holding company and mid-tier holding company for both PeoplesBank and Cornerstone Bank. Comment period ends October 16, 2024.
The hearing notice has been posted on the Division’s website. An updated post providing additional information regarding the virtual link to the hearing will be posted on Monday, October 7, 2024 by noon, and will be available at www.mass.gov/dob. |
| 7/31/2024 |
Close Branch |
PeoplesBank, Holyoke - permission to close its branch office located at 1240 Sumner Avenue, Springfield - approved July 24, 2024. |
| 7/31/2024 |
Establish Branch |
PeoplesBank, Holyoke - permission to establish a branch office located at 182 West Main Street, Avon, Connecticut - approved July 25, 2024. |
| 6/30/2024 |
Close Branch |
PeoplesBank, Holyoke - permission to close its branch office located at 1240 Sumner Avenue, Springfield. Comment period ended June 11, 2024. |
| 6/30/2024 |
Establish Branch |
PeoplesBank, Holyoke - permission to establish a branch office located at 182 West Main Street, Avon, Connecticut. Filed May 31, 2024. |
| 5/31/2024 |
Close Branch |
PeoplesBank, Holyoke - permission to close its branch office located at 1240 Sumner Avenue, Springfield. Comment period ends June 11, 2024. |
| 2/29/2024 |
Close Branch |
PeoplesBank, Holyoke - permission to close its branch office located at 1936 Memorial Drive, Chicopee. Comment period ended February 21, 2024. |
| 8/31/2022 |
Establish Branch |
PeoplesBank, Holyoke - permission to establish a branch office located at 25 Cedar Avenue, South Windsor, Connecticut - approved August 30, 2022. |
| 7/29/2022 |
Establish Branch |
PeoplesBank, Holyoke - permission to establish a branch office located at 25 Cedar Avenue, South Windsor, Connecticut. Filed June 23, 2022. |
| 6/30/2022 |
Establish Branch |
PeoplesBank, Holyoke - permission to establish a branch office located at 25 Cedar Avenue, South Windsor, Connecticut. Filed June 23, 2022. |
| 3/31/2022 |
Close Branch |
PeoplesBank, Holyoke - permission to close its branch office located at 1380 Mountain Road, West Suffield, Connecticut - approved March 28, 2022. |
| 2/28/2022 |
Close Branch |
PeoplesBank, Holyoke - permission to close its branch office located at 1380 Mountain Road, West Suffield, Connecticut. Comment period ended February 4, 2022. |
| 1/31/2022 |
Close Branch |
PeoplesBank, Holyoke - permission to close its branch office located at 807 Wilbraham Road, Springfield - approved January 31, 2022. |
| 1/31/2022 |
Close Branch |
PeoplesBank, Holyoke - permission to close its branch office located at 1380 Mountain Road, West Suffield, Connecticut. Comment period ends February 4, 2022. |
| 1/31/2022 |
Close Branch |
PeoplesBank, Holyoke - permission to close its branch office located at 1380 Mountain Road, West Suffield, Connecticut. Comment period ends February 4, 2022. |
| 12/31/2021 |
Close Branch |
PeoplesBank, Holyoke - permission to close its branch office located at 807 Wilbraham Road, Springfield. Comment period ends January 6, 2022. |
| 9/30/2021 |
Relocate Branch Office |
PeoplesBank, Holyoke - permission to relocate its branch office from 314 High Street, Holyoke to 255 High Street, Holyoke - approved September 22, 2021 |
| 8/31/2021 |
Relocate Branch Office |
PeoplesBank, Holyoke - permission to relocate its branch office from 314 High Street, Holyoke to 255 High Street, Holyoke. Comment period ended August 13, 2021. |
| 7/30/2021 |
Close Branch |
PeoplesBank, Holyoke - permission to close its branch office located at 5 South Maple Street, Hadley - approved July 2, 2021. |
| 7/30/2021 |
Close Branch |
PeoplesBank, Holyoke - permission to close its branch office located at 6 National Drive, Windsor Locks, Connecticut - approved July 2, 2021. |
| 7/30/2021 |
Relocate Branch Office |
PeoplesBank, Holyoke - permission to relocate its branch office from 314 High Street, Holyoke to 255 High Street, Holyoke. Comment period ends August 13, 2021. |
| 6/30/2021 |
Close Branch |
PeoplesBank, Holyoke - permission to close its branch office located at 24 Tabor Crossing, Longmeadow -approved June 29, 2021. |
| 6/30/2021 |
Close Branch |
PeoplesBank, Holyoke - permission to close its branch office located at 5 South Maple Street, Hadley. Comment period ended April 30, 2021. |
| 6/30/2021 |
Close Branch |
PeoplesBank, Holyoke - permission to close its branch office located at 6 National Drive, Windsor Locks, Connecticut. Comment period ended April 30, 2021. |
| 5/31/2021 |
Close Branch |
PeoplesBank, Holyoke - permission to close its branch office located at 24 Tabor Crossing, Longmeadow. Comment period ended April 30, 2021. |
| 5/31/2021 |
Close Branch |
PeoplesBank, Holyoke - permission to close its branch office located at 5 South Maple Street, Hadley. Comment period ended April 30, 2021. |
| 5/31/2021 |
Close Branch |
PeopleBank, Holyoke - permission to close its branch office located at 6 National Drive, Windsor Locks, Connecticut. Comment period ended April 30, 2021. |
| 5/31/2021 |
Establish Branch |
PeoplesBank, Holyoke - permission to establish a branch office at 102 LaSalle Road, West Hartford, Connecticut - approved May 4, 2021. |
| 4/30/2021 |
Close Branch |
PeoplesBank, Holyoke - permission to close its branch office located at 24 Tabor Crossing, Longmeadow. Comment period ended April 30, 2021. |
| 4/30/2021 |
Close Branch |
PeoplesBank, Holyoke - permission to close its branch office located at 5 South Maple Street, Hadley. Comment period ended April 30, 2021. |
| 4/30/2021 |
Close Branch |
PeopleBank, Holyoke - permission to close its branch office located at 6 National Drive, Windsor Locks, Connecticut. Comment period ended April 30, 2021. |
| 4/30/2021 |
Establish Branch |
PeoplesBank, Holyoke - permission to establish a branch office at 102 LaSalle Road, West Hartford, Connecticut. Filed March 1, 2021. |
| 4/30/2021 |
Relocate Branch Office |
PeoplesBank, Holyoke - permission to relocate its branch office from 494 Newton Street, South Hadley to 468 Newton Street, South Hadley - approved April 23, 2021. |
| 3/31/2021 |
Close Branch |
PeoplesBank, Holyoke - permission to close its branch office located at 7 College Street, South Hadley - approved March 17, 2021. |
| 3/31/2021 |
Establish Branch |
PeoplesBank, Holyoke - permission to establish a branch office at 102 LaSalle Road, West Hartford, Connecticut. Filed March 1, 2021. |
| 3/31/2021 |
Relocate Branch Office |
PeoplesBank, Holyoke - permission to relocate its branch office from 494 Newton Street, South Hadley to 468 Newton Street, South Hadley. Comment period ended March 18, 2021. |
| 2/26/2021 |
Close Branch |
PeoplesBank, Holyoke - permission to close its branch office located at 7 College Street, South Hadley. Comment period ended February 11, 2021. |
| 1/29/2021 |
Close Branch |
PeoplesBank, Holyoke - permission to close its branch office located at 7 College Street, South Hadley. Comment period ends February 11, 2021. |
| 7/31/2020 |
Establish Branch |
PeoplesBank, Holyoke - permission to establish a branch office at 450 Center Street, Ludlow - non-objection issued July 28, 2020. |
| 6/30/2020 |
Establish Branch |
PeoplesBank, Holyoke - permission to establish a branch office at 450 Center Street, Ludlow. Filed June 19, 2020. |
| 10/31/2019 |
Relocate Branch Office |
PeoplesBank, Holyoke - permission to relocate its branch office from 3a Turkey Hills Road, East Granby, Connecticut to 1 Turkey Hills Road, East Granby, Connecticut - approved October 17, 2019. |
| 7/31/2019 |
Close Branch |
PeoplesBank, Holyoke - permission to close its branch offices located at (1) 825 Hampden Street, Holyoke; and (2) 596 South Street, Holyoke - approved July 9, 2019. |
| 6/28/2019 |
Close Branch |
PeoplesBank, Holyoke - permission to close its branch offices located at (1) 825 Hampden Street, Holyoke; and (2) 596 South Street, Holyoke. Comment periods ended June 14, 2019. |
| 5/31/2019 |
Close Branch |
PeoplesBank, Holyoke - permission to close its branch offices located at (1) 825 Hampden Street, Holyoke; and (2) 596 South Street, Holyoke. Comment periods end June 14, 2019. |
| 11/30/2018 |
Merger |
PeoplesBank, Holyoke and The First National Bank of Suffield (FNB Suffield), Suffield, Connecticut - permission for FNB Suffield to merge with and into PeoplesBank under the charter and by-laws of PeoplesBank. The main office of PeoplesBank would remain the main office of the continuing institution and the banking offices of FNB Suffield would be retained as branch offices of PeoplesBank - approved November 26, 2018. |
| 10/31/2018 |
Merger |
PeoplesBank, Holyoke and The First National Bank of Suffield (FNB Suffield), Suffield, Connecticut - permission for FNB Suffield to merge with and into PeoplesBank under the charter and by-laws of PeoplesBank. The main office of PeoplesBank would remain the main office of the continuing institution and the banking offices of FNB Suffield would be retained as branch offices of PeoplesBank. Comment period ends November 9, 2018. |
| 5/31/2018 |
Establish Branch |
PeoplesBank, Holyoke - notice to establish a branch office at 1864-1866 Northampton Street, Holyoke - non-objection issued May 15, 2018. |
| 4/30/2018 |
Establish Branch |
PeoplesBank, Holyoke - notice to establish a branch office at 1864-1866 Northampton Street, Holyoke. Filed April 19, 2018. |
| 1/31/2017 |
Relocate Bank Main Office within same City or Town |
PeoplesBank, Holyoke - permission to (1) redesignate its main office from 314 High Street, Holyoke to 330 Whitney Avenue, Holyoke; and in connection therewith (2) maintain its current main office as a branch office -approved January 3, 2017. |
| 12/30/2016 |
Relocate Bank Main Office within same City or Town |
PeoplesBank, Holyoke - permission to (1) redesignate its main office from 314 High Street, Holyoke to 330 Whitney Avenue, Holyoke; and in connection therewith (2) maintain its current main office as a branch office. Comment period ended December 12, 2016. |
| 12/8/2016 |
Relocate Bank Main Office within same City or Town |
PeoplesBank, Holyoke - permission to (1) redesignate its main office from 314 High Street, Holyoke to 330 Whitney Avenue, Holyoke; and in connection therewith (2) maintain its current main office as a branch office. Comment period ends December 12, 2016. |
| 4/30/2012 |
Establish Branch |
PeoplesBank, Holyoke - notice to establish a branch office at 547 Memorial Avenue, West Springfield - non-objection issued April 7, 2011. |
| 3/30/2012 |
Establish Branch |
PeoplesBank, Holyoke - notice to establish a branch office at 1997 Boston Road, Wilbraham - non-objection issued March 26, 2012. |
| 3/30/2012 |
Establish Branch |
PeoplesBank, Holyoke - notice to establish a branch office at 300 King Street, Northampton - non-objection issued March 26, 2012. |
| 2/29/2012 |
Establish Branch |
PeoplesBank, Holyoke - notice to establish a branch office at 300 King Street, Northampton. Filed February 28, 2012 |
| 3/31/2011 |
Establish Branch |
PeoplesBank, Holyoke - notice to establish a branch office at 547 Memorial Avenue, West Springfield. Filed March 31, 2011. |
| 4/30/2010 |
Close Branch |
PeoplesBank, Holyoke - permission to close a branch office located at Route 9, Hampshire Mall, Hadley - approved April 22, 2010. |
| 3/31/2010 |
Close Branch |
PeoplesBank, Holyoke - permission to close a branch office located at Route 9, Hampshire Mall, Hadley. Comment period ends April 12, 2010. |
| 2/26/2010 |
Establish Branch |
PeoplesBank, Holyoke - notices to establish branch offices at (1) 24 Tabor Crossing, Longmeadow; and (2) 807 Wilbraham Road, Springfield - non-objection issued February 18, 2010. |
| 10/30/2009 |
Establish Branch |
PeoplesBank, Holyoke - notice to establish a branch office at 1051 St. James Avenue, Springfield - non-objection issued October 2, 2009. |
| 9/30/2009 |
Establish Branch |
PeoplesBank, Holyoke - notice to establish a branch office at 1051 St. James Avenue, Springfield. Filed September 28, 2009. |
| 3/31/2008 |
Establish Branch |
PeoplesBank, Holyoke - notice to establish a branch office at 1240 Sumner Avenue, Springfield - non-objection issued March 13, 2008. |
| 4/28/2006 |
Establish Branch |
PeoplesBank, Holyoke - notice to establish a branch office at 7 College Street, South Hadley - non-objection issued April 20, 2006. |
| 12/30/2005 |
Establish Branch |
PeoplesBank, Holyoke - notice to establish a branch office at 1900 Wilbraham Road, Springfield - non-objection issued December 5, 2005. |
| 11/30/2005 |
Establish Branch |
PeoplesBank, Holyoke - notice to establish a branch office at 1900 Wilbraham Road, Springfield. Filed November 28, 2005. |
| 4/29/2005 |
Establish Branch |
PeoplesBank, Holyoke - permission to establish a branch office at 303 East Main Street, Westfield - approved April 4, 2005. |
| 3/31/2005 |
Establish Branch |
PeoplesBank, Holyoke - permission to establish a branch office at 303 East Main Street, Westfield. Comment period ended March 29, 2005. |
| 5/28/2004 |
Establish Branch |
PeoplesBank, Holyoke - permission to establish a branch office at 201 North Main Street, East Longmeadow - approved May 19, 2004. |
| 4/30/2004 |
Establish Branch |
PeoplesBank, Holyoke - permission to establish a branch office at 201 North Main Street, East Longmeadow. Comment period ends May 10, 2004. |
| 7/31/2003 |
Reorganization into Mutual Holding Company (MHC) |
Peoples Savings Bank (the "Petitioner"), Holyoke, Massachusetts - permission to establish a mutual savings bank and a stock savings bank in conjunction with its multi-step reorganization into a mutual holding company, PeoplesBancorp, MHC. The newly established mutual savings bank will modify its charter and by-laws to become a mutual holding company, and the Petitioner will then merge with and into the stock subsidiary banking institution and shall operate under the name PeoplesBank - approved July 24, 2003. |
| 6/30/2003 |
Reorganization into Mutual Holding Company (MHC) |
Peoples Savings Bank (the "Petitioner"), Holyoke, Massachusetts - permission to establish a mutual savings bank and a stock savings bank in conjunction with its multi-step reorganization into a mutual holding company, PeoplesBancorp, MHC. The newly established mutual savings bank will modify its charter and by-laws to become a mutual holding company, and the Petitioner will then merge with and into the stock subsidiary banking institution and shall operate under the name PeoplesBank. Comment period ended May 9, 2003. |
| 5/30/2003 |
Reorganization into Mutual Holding Company (MHC) |
Peoples Savings Bank (the "Petitioner"), Holyoke, Massachusetts - permission to establish a mutual savings bank and a stock savings bank in conjunction with its multi-step reorganization into a mutual holding company, PeoplesBancorp, MHC. The newly established mutual savings bank will modify its charter and by-laws to become a mutual holding company, and the Petitioner will then merge with and into the stock subsidiary banking institution and shall operate under the name PeoplesBank. Comment period ended May 9, 2003. |
| 4/30/2003 |
Reorganization into Mutual Holding Company (MHC) |
Peoples Savings Bank, Holyoke - permission to reorganize into a mutual holding company, PeoplesBancorp, MHC, as part of a multi-step transaction. Comment period ends May 9, 2003. |
| 3/31/2003 |
Establish a BHC |
Peoples Savings Bank, Holyoke - permission to reorganize into a mutual holding company, PeoplesBancorp, MHC, as part of a multi-step transaction. Comment period ends May 9, 2003. |
| 7/31/2002 |
Establish Branch |
Peoples Savings Bank, Holyoke - permission to establish a branch office at 56 Amity Street, Amherst - approved July 3, |
| 6/28/2002 |
Establish Branch |
Peoples Savings Bank, Holyoke - permission to establish a branch office at 56 Amity Street, Amherst. Comment period ended June 28, 2002. |
