UKS served as Legal Counsel to South Shore Bancorp, MHC and South Shore Bancorp, Inc. in a merger

On January 1, 2024, South Shore Bancorp, MHC and South Shore Bancorp, Inc., of South Weymouth, Massachusetts, the holding companies for South Shore Bank, completed its merger of equals transaction with 1831 Bancorp, MHC and 1831 Bancorp, Inc., of Dedham, Massachusetts, the holding companies for Dedham Institution for Savings. Following the merger, South Shore Bank and Dedham Institution for Savings will remain separate savings banks in the multi-bank mutual holding company structure.

The transaction expanded the combined company’s market presence in Massachusetts, bringing consolidated assets to $4.3 billion with 23 branch locations.

Patricia D. Anderson and Jennifer L. DiBella served as legal counsel to South Shore Bancorp, MHC, South Shore Bancorp, Inc., and South Shore Bank.

Patricia D. Anderson is a Shareholder in UKS’ Hartford office, practicing in the areas of Financial Institutions and Transactions, Securities, Commercial Lending and Banking, Business and Corporate Services, Mergers and Acquisitions.  She can be reached at panderson@uks.com or 860.548.2684.

Jennifer L. DiBella is a Shareholder in UKS’ Hartford office, practicing in the areas of Financial Institutions and Transactions, Securities, Commercial Lending and Banking, Mergers and Acquisitions and General Corporate law.  She can be reached at jdibella@uks.com or 860.548.2630.