BOSTON—Covington advised Mascoma Mutual Financial Services Corporation in its merger with Androscoggin Bancorp, MHC, creating ClearNorth Financial Mutual Holding Company. ClearNorth Financial is the parent mutual holding company of Mascoma Bank and Androscoggin Bank.
Mascoma Bank is a mutually owned community bank and certified B Corporation serving communities throughout New Hampshire and Vermont. Through its commitment to community impact, responsible banking, and customer service, Mascoma Bank works to help individuals, businesses, and communities thrive.
Androscoggin Bank is a Maine-based community bank and Benefit Corporation committed to helping people and communities prosper. Through innovative banking solutions and a strong focus on community impact, Androscoggin Bank serves consumers, businesses, and nonprofit organizations throughout Maine.
The Covington team included Samantha Kirby, Randy Benjenk, Bill McCurdy, Tyler Smith, and Kevin Gauch.