Trending news
Nutter Represents North Shore Bank in Pending Merger with Abington Bank
Print PDFNutter is serving as legal counsel to North Shore Bancorp, the holding company for North Shore Bank, in connection with its agreement to combine with Hometown Financial Group, Inc., the holding company for bankESB, bankHometown, and Abington Bank. North Shore Bank will join the Hometown Financial Group family of banks through a merger of Abington Bank with and into North Shore Bank, subject to regulatory approval. The Nutter team is being led by Matthew Hanaghan and includes Michael Krebs, Tracy Vitols, Erin Whitney Cicchetti, and Kate Henry.
The combined bank will have more than $3 billion in assets and 25 full-service retail locations across Massachusetts’ North and South Shore regions and southern New Hampshire. North Shore Bank customers will continue to enjoy enhanced products and services, innovative digital banking tools, and an expanded branch network to help meet the evolving needs of customers. As part of the transaction, North Shore Bank will establish a new charitable foundation to supplement its existing philanthropic mission. Read more about the transaction.
North Shore Bank is a $1.7 billion full-service community bank based in Peabody, Massachusetts, and serving the personal and business banking needs of the North Shore, eastern Massachusetts, and southern New Hampshire. Established in 1888, the bank operates 15 offices located in Beverly, Danvers, Merrimac, Middleton, Peabody, Reading, Salem and Saugus, Massachusetts and Newton, New Hampshire.
Nutter’s Banking and Financial Services attorneys serve as corporate and regulatory counsel to banks, savings institutions, and other financial institutions and address a wide range of banking clients’ needs, including new bank formations, mergers and acquisitions, holding company formations, conversions, interstate expansion, the introduction of new products and services, including securities, insurance and trust services, and electronic banking.
About Nutter
Nutter is a Boston-based law firm that provides legal counsel to industry-leading companies, entrepreneurs, institutions, foundations, and families, across the country and around the world. The firm’s corporate, intellectual property, litigation, real estate and land use, labor and employment, tax, and trusts and estates practices are national in scope. The firm was co-founded in 1879 by former U.S. Supreme Court Justice Louis D. Brandeis, before his appointment to the Court. For more information, please visit www.nutter.com and follow the firm on LinkedIn.
