Massachusetts Lender to Acquire NH Bank for $160M

Massachusetts lender to acquire NH bank for $160M

The acquisition is set to expand Hometown’s footprint in New Hampshire and add $743 million in assets.

bankESB parent buying NH bank, plans to convert from mutual to stock ownership

EASTHAMPTON — Hometown Financial Group, parent of bankESB, will buy Primary Bank, a publicly traded commercial bank based in Bedford, New Hampshire, for $160 million, Hometown Financial announced Monday.

New England bank merger adds opportunity for mortgage unit

A $160 million deal to merge Hometown Financial Group subsidiaries and Primary Bank will lead to consolidation under a single brand name of TruNorth.

Hometown Financial Plans Stock Conversion, Purchase of NH Bank

The state's second-biggest mutual holding company, Hometown Financial Group, Inc., says it's converting to a stock bank as part of a deal to buy New Hampshire-based Primary Bank.