M&T Bank Corp. and People’s United Financial Inc. announced they have entered into a definitive agreement under which M&T will acquire People’s United in an all-stock transaction. The combined company will create a diversified banking franchise with approximately $200 billion in assets and a network of more than 1,100 branches and more than 2,000 ATMs…

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Country Bank announced that Peter Morales has joined its Innovation & Technology Division as senior vice president. Morales has held several technical leadership positions, most recently as vice president and chief information officer for an international educational organization supporting more than 45,000 students in more than 40 countries worldwide. He also held positions at New…

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Country Bank reported that its donations and sponsorships for 2020 totaled $1.3 million. Through the bank’s philanthropic efforts, it provided support to local nonprofits throughout the communities it serves; in 2020, more than 400 of these organizations received donations. The pandemic has left businesses and individuals facing continued looming uncertainties. Many nonprofits struggled from the…

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Sometimes being thrown into a challenging situation leads to … well, a good idea or two. Or at least a new way of thinking. Back in March, when COVID-19 first hit, banks and credit unions in Massachusetts were designated essential businesses by Gov. Charlie Baker. That meant making sure everyone had access to their accounts…

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Monson Savings Bank announced the recent promotion of Rob Chateauneuf to senior vice president and senior commercial loan officer. “Rob has more than proven his value over the years through his hard work and dedication to Monson Savings Bank’s customers and his team members. We are so pleased to recognize his commitment with this well-deserved…

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Country Bank recently donated $10,000 to Behavioral Health Network (BHN) to assist with the Under 5 Thrive program and the Kid Stop Child Center based in Ware. BHN serves nearly 50,000 people annually in 40 locations throughout Western Mass. in areas including mental health, children’s services, and addiction and recovery. “Thank you so much for…

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UMassFive College Federal Credit Union announced it has provided more than $13,500 in donations to the Food Bank of Western Massachusetts during 2020. These donations have been facilitated through community giving campaigns in partnership with staff and members of the credit union. Early this year, UMassFive supported the Food Bank by donating $1,000 to help…

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In June, Monson Savings Bank announced its plan to open a full‐service branch located at 61 North Main St. in East Longmeadow. While opening a new location during the height of the COVID‐19 pandemic may seem like an uncommon move, the bank’s leaders felt it was important to serve the East Longmeadow community. Read the…

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