1. Bank merger pace quickens, more could be in the offing

    Bank merger pace quickens, more could be in the offing

    United Financial Bancorp, parent company of United Bank, plans to buy the parent of Enfield-based New England Bank for $91 million in cash and stock. United Bank will then be the largest bank with headquarters in Greater Springfield and the 10th largest bank headquartered in New England, said Richard B. Collins, United Bank’s chairman, president and CEO. Pre-deal, United Bank was 14th largest with $1.6 billion in assets.

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