Maynard Savings Bank has released a formal notice announcing a change in control of its bank holding company. This legal requirement underscores a key shift in ownership, marking a notable development in the institution’s history.

Under the Trump administration, banking regulators postponed, scaled back, or canceled environmental, social, and governance (ESG) exams that had been initially emphasized under the Biden administration. These changes signal a major shift in how banks are assessed on issues like climate and diversity.