Salem Five Completes Acquisition of Sage Bank
The parent company of Salem Five Bank has completed its acquisition of Lowell-based Sage Bank. The acquisition was announced in April and Salem Five expects a full conversion this fall.
The parent company of Salem Five Bank has completed its acquisition of Lowell-based Sage Bank. The acquisition was announced in April and Salem Five expects a full conversion this fall.
Salem Five Bancorp, the parent company of Salem Five Bank, announced the closing of its acquisition of Georgetown Bancorp Inc. and Georgetown Bank this week.
Salem Five Bancorp has agreed to acquire Georgetown Bancorp Inc., and its subsidiary, Georgetown Bank, for approximately $42.2 million.