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Hudson Savings Bank and Westborough Bank Announce Merger Plans
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| Hudson Savings Bank |
| Westborough Savings Bank |
| RSSID 619701 | CERTIFICATE 90215 |
| RSSID 704906 | CERTIFICATE 90299 |
| 42 Main Street |
| 100 East Main Street |
| Hudson, Massachusetts, 1749 |
| Westborough, Massachusetts, 1581 |
| www.hudsonsb.com |
| www.westboroughbank.com |
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| Holding Company: Assabet Valley Bancorp | | Holding Company : Westborough Bancorp, M.H.C. |
Assabet Valley Bancorp and Westborough Financial Services, Inc. Announce Merger Plans
Assabet Valley Bancorp, Hudson Savings Bank, Westborough Bancorp, MHC ("Westborough MHC"), Westborough Financial Services, Inc. (OTC Bulletin Board: WFSM.OB) ("Westborough Financial") and The Westborough Bank ("Westborough Bank") have entered into an Agreement and Plan of Merger (the "Agreement").
| Hudson Savings Bank / Westborough Savings Bank (FFIEC 041) Comparison |
| Quarter ending 20060930 |
| RC - Consolidated Balance Sheet | ![[excel]](/images/excel.gif) | ![[rtf]](/images/word.gif) | ![[pdf]](/images/acrobat.gif) |
| RI - Consolidated Income Statement | ![[excel]](/images/excel.gif) | ![[rtf]](/images/word.gif) | ![[pdf]](/images/acrobat.gif) |
| Hudson Savings Bank(HSB) / Westborough Savings Bank(WSB) - Branch Information |
| (Source: FDIC Summary of Deposits June 2006) |
| Branch |
Address |
Town |
Deposits(000) |
| Hudson Savings Bank (HSB) |
42 Main Street |
Hudson |
261,380 |
| Westborough Savings Bank (WSB) |
100 East Main Street |
Westborough |
82,855 |
| Marlborough Branch (HSB) |
256 Maple Street |
Marlborough |
71,491 |
| Hudson Shopping Center Branch (HSB) |
221 Washington Street |
Hudson |
57,931 |
| Northborough Branch (WSB) |
53 West Main Street |
Northborough |
53,911 |
| Shrewsbury Branch (WSB) |
23 Maple Avenue |
Shrewsbury |
35,652 |
| Clinton Branch (HSB) |
1073 Main Street |
Clinton |
35,112 |
| West Main Branch (WSB) |
33 West Main Street |
Westborough |
34,278 |
| Leominster Branch (HSB) |
470 Lancaster Street |
Leominster |
12,509 |
| Willows Branch (WSB) |
One Lyman Street |
Westborough |
7,509 |
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