Chicopee Co-Operative Bank v. Bd. of Bk. Incorporation

This is a petition by three banks (the petitioners) in the city of Chicopee for review under Gr. L. c. 170, § 49; c. 30A, § 14, of the decision of the respondent Board of Bank Incorporation (the board), purportedly made under Gr. L. c. 170, § 49, relative to the application of the Chicopee Falls Co-operative Bank (the applicant bank) to convert to a Federal savings and loan association. The Massachusetts Co-operative Bank League and the Savings Banks Association of Massachusetts have intervened in support of the petitioners under GL L. c. 30A, § 14 (2). The applicant bank has intervened in…