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 Issue of February 20, 2006 
   
DOB Approves Merger, First Step for de Novo
By Andrea Gregory
The state Division of Banks recently OK’d several noteworthy applications by area institutions, including the approval of a significant step in the formation of a new bank and the merger of two longtime banking rivals.

WaMu to Close Two Facilities, Eliminate 165 Bay State Jobs
By Andrea Gregory
Seattle-based Washington Mutual, a national lender with $343.12 billion in assets, plans to close two of its Massachusetts retail operation centers, which will result in the loss of 165 Bay State jobs.



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