Benjamin Franklin Bancorp Inc.

• Public
• US

Dow Jones Description

Benjamin Franklin Bancorp was organized in 1996 as a mutual holding company in connection with Benjamin Franklin Bank?s reorganization into the mutual holding company form of organization. Benjamin Franklin Bancorp is registered with the Federal Reserve Board as a bank holding company under the Bank Holding Company Act. Since the formation of Benjamin Franklin Bancorp, it has owned 100% of Benjamin Franklin Bank?s outstanding capital stock and will continue to do so after the completion of the pending conversion from mutual to stock form, as described below. At December 31, 2004, Benjamin Franklin Bancorp had total assets of $517.4 million and total deposits of $396.5 million. Benjamin Franklin Bank is a full-service, community-oriented financial institution offering products and services to individuals, families and businesses through six offices located in Norfolk and Worcester counties in Massachusetts. Benjamin Franklin Bank was originally organized as a Massachusetts state-charted mutual savings bank in 1871. In 1996, it became a Massachusetts-chartered savings bank in stock form upon the formation of Benjamin Franklin Bancorp as its mutual holding company.

Contact Information

Peer Companies

• HBOS Plc.
• Vodafone Group Plc.
• Aviva Plc.
• Onex Corp.
• Loews Corp.
• All Companies