1. Chicopee Savings and Westfield Bank to merge, become largest bank headquartered in Hampden County

    Chicopee Savings and Westfield Bank to merge, become largest bank headquartered in Hampden County

    Chicopee Savings has agreed to merge into Westfield Bank to form the largest bank headquartered in here in Hampden County in a $110 million deal. The move continues a trend of bank mergers driven by technology needs and a drive for market share.
    Following the merger, both banks will do business under the Westfield Bank name. The holding company to be renamed Western New England Bancorp with the Nasdaq trading symbol WNEB.

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