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Department of Professional and Financial Regulation

State of Maine



Department of Professional and Financial Regulation
State of Maine

            This is to inform you that the Bureau of Financial Institutions has received an application, pursuant to 9-B, MRSA Chapter 121, for a certificate of public convenience and advantage to establish a nondepository trust company to be known as Plimoth Trust Company LLC and to be located at 38 Resnik Road, Plymouth, Massachusetts. The nondepository trust company will have a registered agent in Maine.

            The application has been filed by Citizens-Union Savings Bank, Fall River, Massachusetts (“CUSB”) and Dedham Institution for Savings, Dedham, Massachusetts (“DIS”), unaffiliated, independent Massachusetts-chartered mutual savings bank organizations.  The names, addresses and occupations of the proposed initial directors are listed below. 

Peter G. Brown                    Dedham, MA             President and CEO, DIS
Nicholas M. Christ                  Fall River, MA.          President and CEO, CUSB
Abraham Ehrenhaus             Fall River, MA.          Trustee, CUSB
Richard K. Gunther                Fall River, MA.          Trustee, CUSB
William G. Gothorpe               Dedham, MA.           Trustee, DIS
Mark C. Ingalls                      Dedham, MA.           EVP and CFO, DIS
Michael C. Lazdowsky, Jr.     Dedham, MA.           Trustee, DIS
George Oliveira                    Fall River, MA.        EVP & Sr. Trust Officer, CUSB
Lawrence R. Walsh                Fall River, MA.          Trustee, CUSB
            The public is invited to submit written comments on this application to the Bureau of Financial Institutions, 36 State House Station, Augusta, Maine 04333-0036 or electronically through the Bureau of Financial Institutions’ Web site at  A hearing on this application will be held by the Superintendent, as provided in 9-B MRSA Section 252, upon receipt of a bona fide and reasonable request.  The Bureau will accept written comments and requests for a hearing through Monday, August 1, 2011.  The Superintendent's decision on this application will be based on the decision-making criteria set forth in 9-B MRSA Section 253.

                                                                                    Lloyd P. LaFountain III

Gardiner, Maine
June 28, 2011


Last Updated: November 8, 2018