Primary Bank Being Bought by MA Group

New Hampshire is losing another small local bank to an out-of-state buyer. Primary Bank has agreed to sell itself to Hometown Financial Group, Massachusetts’ second-largest mutual bank holding company for $160 million in cash and stock. The 11-year-old, publicly...

Mass. Developer Buys North Conway Hotel

A prominent North Conway hotel has traded hands from a Rhode Island firm to a Massachusetts firm for $44 million. The North Conway Grand Hotel’s sale took place May 20 according to a Carroll County deed. Citizens Bank of Rhode Island provided the mortgage. The seller,...