Bristol County Savings Bank Completes Acquisition of Freedom National Bank
TAUNTON, MA, August 3, 2020 — Bristol County Savings Bank, a Massachusetts chartered savings bank, is pleased to share the exciting news that Freedom National Bank has officially joined the Bristol County Savings Bank team, following the finalization of the acquisition on July 31, 2020. We believe our combined teams will create an even better banking experience for our customers. Freedom National Bank will be operating as Freedom Bank, a Division of Bristol County Savings Bank, until September 28th, when the Freedom Bank accounts merge into Bristol County Savings Bank.
Patrick Murray, President and Chief Executive Officer of Bristol County Savings Bank, stated, “We are very excited to finalize this acquisition and welcome Anthony Botelho, the Freedom team and Freedom customers into the Bristol County Savings Bank family. We look forward to serving the customers of Freedom National Bank and deepening our ties to the Rhode Island market”.
Griffin Financial Group LLC acted as financial advisor to Bristol County Savings Bank and Janney Montgomery Scott LLC acted as financial advisor to Freedom National Bank. Luse Gorman, PC served as legal counsel to Bristol County Savings Bank and Hinckley, Allen & Snyder LLP served as legal counsel to Freedom National Bank.