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With
the recently-announced merger of BankBoston and Fleet, the question we keep hearing
is What is this going to mean to me? Basically, the merger will create
the countrys 8th largest bank. Its national headquarters will
be in Boston, good news for civic groups who depend on corporate sponsorships.
And, according to the Mass. Bankers Association, The regulators will require
significant divestiture for competitive reasons. Which, the Boston papers
report, means Fleet Boston will be selling or closing many branches. So, there
are going to be changes for people who have deposits or loans with either bank.
If you also have accounts at Bank Boston or Fleet, maybe youll be happy
to deal with the changes. But if youre tired of big bank mergers and the
inevitable post-merger period of confusion, maybe its time to consolidate
your accounts at Fidelity Co-operative. We offer easy access to your money 24
hours a day, 7 days a week. Our rates are competitive. Our people know what
theyre talking about. And, because we are an independent mutual bank, we
cannot be taken over or forced into a hostile merger. Sometimes it seems as if
the stockholder-driven big banks see customers as trading cards to
be passed around to the highest bidder. Not us! Our goal and our mission is
always to help you get where you want to be. And if you (or a friend!) want to
be out of the way of this oncoming mega-merger, come see us. Well talk.
Edward
F. Manzi, Jr.
President
& Chief Operating Officer
April
1999
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