Middlesex Savings Bank
Encyclopedia
Middlesex Savings Bank is a Massachusetts bank that started in 1835. It grew through a series of mergers and acquisitions
. It took the name "Middlesex Savings Bank" in 1982 with the merger with Natick Five Cents Savings and Middlesex Institution for Savings. The bank moved the headquarters to Natick, Massachusetts
to the former Natick Five Cents building.
. Natick Five Cents Savings Bank was founded in 1859. Medway Savings Bank was founded in 1871.
Mergers and acquisitions
Mergers and acquisitions refers to the aspect of corporate strategy, corporate finance and management dealing with the buying, selling, dividing and combining of different companies and similar entities that can help an enterprise grow rapidly in its sector or location of origin, or a new field or...
. It took the name "Middlesex Savings Bank" in 1982 with the merger with Natick Five Cents Savings and Middlesex Institution for Savings. The bank moved the headquarters to Natick, Massachusetts
Natick, Massachusetts
Natick is a town in Middlesex County, Massachusetts, United States. Natick is located near the center of the MetroWest region of Massachusetts, with a population of 33,006 at the 2010 census. Only west from Boston, Natick is considered part of the Greater Boston area...
to the former Natick Five Cents building.
History
The Middlesex Institution for Savings was founded on March 4, 1835 in Concord, MassachusettsConcord, Massachusetts
Concord is a town in Middlesex County, Massachusetts, in the United States. As of the 2010 census, the town population was 17,668. Although a small town, Concord is noted for its leading roles in American history and literature.-History:...
. Natick Five Cents Savings Bank was founded in 1859. Medway Savings Bank was founded in 1871.