North Brookfield Savings, FamilyFirst Bank Merger is Complete

NORTH BROOKFIELD — North Brookfield Savings Bank announced that the bank’s merger with FamilyFirst Bank is now complete, effective June 1. The deal, first announced in January 2014, recently became official thanks to approval of the Corporators of North Brookfield Savings Bank, the shareholders of FamilyFirst Bank and the banks’ regulators. With the addition of former FamilyFirst Bank branches, in Ware, Three Rivers Village of Palmer and East Brookfield, Massachusetts, North Brookfield Savings Bank, based in North Brookfield, MA, now includes seven branches in addition to the Business Center at NBSB and online banking components. North Brookfield Savings Bank, founded in 1854, is a mutual savings bank with over $200 million in assets. The bank has received the highest Five Star Superior Bank rating from Bauer Financial for 74 consecutive quarters. The combined bank will have in excess of $260 million in assets.