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SENTRY FED. SAV. BANK v. CO-OPERATIVE CENTRAL BANK

406 Mass. 412 (1990)

548 N.E.2d 854

SENTRY FEDERAL SAVINGS BANK & another vs. THE CO-OPERATIVE CENTRAL BANK.

Supreme Judicial Court of Massachusetts, Suffolk.

January 9, 1990.

Attorney(s) appearing for the Case

Brian T. Kenner & Gregory A. Bibler for the plaintiffs.

Robert C. Barber (William F. Looney, Jr., with him) for the defendant.

Present: LIACOS, C.J., ABRAMS, NOLAN, O'CONNOR, & GREANEY, JJ.

NOLAN, J.

This case implicates substantially the same issue presented in Andover Sav. Bank v. Co-operative Cent. Bank, ante 409 (1990), decided today, i.e., claims on the share insurance fund (fund). There is one significant difference which we shall discuss without repeating the procedural and historical background which is the same as the Andover Sav. Bank case.

Unlike the conversion to a Massachusetts chartered savings bank in Andover...

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