Pittsfield Cooperative and Adams Community Merge

Pittsfield Cooperative Bank in Pittsfield, Massachusetts and Adams Community Bank in Adams, Massachusetts plan to merge. The mutuals expect to create a $1.5 billion-asset institution with 15 branches.

Pittsfield Cooperative has $1 billion of assets, while Adams Community has $480 million. The excerpt describes the combination as a mutuals merger, combining two Massachusetts community banking footprints.