April 4, 2017

Main Street Bank now official

The new Main Street bank combines Marlborough Savings Bank, which was established in 1860, and North Middlesex Savings Bank, which started in 1885.

The new Main Street Bank is now official.

The merger of Marlborough Savings Bank and North Middlesex Savings Bank was made official on April 1. The two longtime banks first said last July they planned to merge, and earlier this year they unveiled the new name and logo for Main Street Bank.

Main Street Bank has combined assets of approximately $969 million and customers of both banks will have access to 14 banking centers located in Ayer, Devens, Groton, Hudson, Littleton, Lunenburg, Marlborough, Northborough, Pepperell, Shirley, Southborough, Sudbury, and Westborough, Massachusetts.

The merger is not expected to result in any job losses or branch closings, the companies have said.

Marlborough Savings Bank was established in 1860, and North Middlesex Savings Bank was established in 1885.

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