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词条 Blue Hills Bank
释义

  1. History

  2. References

{{Infobox company
| name = Blue Hills Bancorp, Inc.
| type = Public company
| traded_as = {{NYSE|BHBK}}
Russell 2000 Component
| predecessor = Hyde Park Savings Bank
| industry = Banking
| location = Norwood, Massachusetts
| key_people = {{nowrap| William M. Parent, President & CEO
James E. Kivlehan, CFO}}[1]
| revenue = {{increase}} $0.080 billion (2016)[1]
| net_income = {{increase}} $0.008 billion (2016)[1]
| assets = {{increase}} $2.469 billion (2016)[1]
| equity = {{decrease}} $0.386 billion (2016)[1]
| num_employees = 228[1]
| homepage = {{URL|https://www.bluehillsbank.com/}}
}}Blue Hills Bank is a bank based in Hyde Park, Massachusetts. The bank was named Hyde Park Savings Bank until 2011. The bank has 11 branches, all of which are in Massachusetts.[1]

History

Hyde Park Savings Bank was organized on April 20, 1871 and incorporated on March 8, 1871. Charles F. Gerry was its first president. It opened for business on June 17, 1871. It was originally located in the selectmen's room of the Hyde Park town hall. On September 1, 1871 it moved to Hyde Park's Neponset Block, where it remained until the building was destroyed by fire on May 5, 1874. The bank relocated temporarily to the town office building in the Everett Block. A new bank building was constructed in 1875.[2] In 1899, the bank moved to a new building in Everett Square.[3]

The Panic of 1873 and the Long Depression led the Massachusetts State Bank Commission to place the bank under the restrictions of the "Stay Law of 1878",[4] which allowed the commissioners to limit the time and amount of payments to depositors whenever they deemed it necessary.[2][5] On June 15, 1880, the bank was allowed to resume normal business.[2]

In November 2011, the bank changed its name to Blue Hills Bank and made management changes as part of its effort to expand its consumer business and launch a commercial banking line.[6]

In December 2013, the bank secured the naming rights to the Blue Hills Bank Pavilion, an outdoor music venue on the Boston waterfront.[7]

On January 18, 2014, the bank acquired Nantucket Bank's 3 branches from Sovereign Bank.[8]

On July 21, 2014, the bank became a public company via an initial public offering.[9]

In 2016, the bank opened a branch in downtown Boston.[10]

Blue Hills Bancorp, Inc. intends to be acquired in 2019 by Rockland Trust.[11]

References

1. ^{{cite web | url=https://www.sec.gov/Archives/edgar/data/1601545/000160154517000010/bluehills10-k2016.htm | title=Blue Hills Bancorp, Inc. 2016 Form 10-K Annual Report | publisher=U.S. Securities and Exchange Commission}}
2. ^{{cite book | title=Memorial Sketch of Hyde Park, Mass., for the First Twenty Years | url=https://books.google.com/books?id=4SsWAAAAYAAJ&pg=PA54&lpg=PA54&dq | first1=Joseph King | last1=Knight | first2=Edmund | last2=Davis | first3=Henry B. | last3=Humphry | date=1888 | pages=54-55}}
3. ^{{cite book | url=https://books.google.com/books/about/Hyde_Park.html?id=Pwz9AUNJg6YC | last=Sammarco | first=Anthony Mitchell | title=Hyde Park | date=2011 | page=19 | publisher=Arcadia Publishing}}
4. ^{{cite book | url=https://books.google.com/books?id=jwM_AQAAMAAJ&pg=PA420&lpg=PA420 | title=The Bankers Magazine and Statistical Register | date=1881 | publisher=Warren, Gorham & Lamont}}
5. ^{{cite news | title=History of Massachusetts Savings Institutions | work=The Bankers Magazine and Statistical Register | url=https://books.google.com/books?id=02JK5AGHYw8C&pg=PA111&lpg=PA111&dq | date=August 1899}}
6. ^{{cite news | url=https://www.bostonglobe.com/business/2011/09/22/hyde-park-savings-change-its-name/yS58i8sQl8dSbQ1hFiZPVI/story.html | title=Hyde Park Savings to change its name | first=Todd | last=Wallack | work=The Boston Globe | date=September 23, 2011}}
7. ^{{cite news | url=https://www.bostonglobe.com/business/2013/12/14/blue-hills-bank-gets-its-name-waterfront-pavilion-blue-hills-bank-name-concert-venue/F0zKk8cEf8QuqcVNb70nyK/story.html | title=Blue Hills Bank gets its name on waterfront pavilion | first=Deirdre | last=Fernandes | work=The Boston Globe | date=December 14, 2013}}
8. ^{{cite news | url=https://www.boston.com/uncategorized/noprimarytagmatch/2013/08/05/blue-hills-bank-to-buy-nantucket-bank | title=Blue Hills Bank to buy Nantucket Bank | first=Deirdre | last=Fernandes | work=The Boston Globe | date=August 5, 2013}}
9. ^{{cite press release | url=https://www.businesswire.com/news/home/20140721006323/en/Blue-Hills-Bancorp-Completes-Stock-Offering | title=Blue Hills Bancorp, Inc. Completes Stock Offering | publisher=Business Wire | date=July 21, 2014}}
10. ^{{cite news | url=https://www.bizjournals.com/boston/news/2016/02/07/another-bank-stakes-a-claim-to-the-seaport.html | title=Another bank stakes a claim to the Seaport | first=Greg | last=Ryan | work=American City Business Journals | date=February 7, 2016}}
11. ^Blue Hill Bancorp Letter to Members 9/26/2018.

4 : Banks based in Massachusetts|Companies listed on NASDAQ|1871 establishments in Massachusetts|Banks established in 1871

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