7:28 AM Wed, Jun 25, 2008 | Permalink
By John Kostrzewa  Email this author | Email this entry |
Citizens-Union Savings Bank, based in Fall River, has acquired its fifth insurance agency and first in Rhode Island to incorporate into its unit called Citizens-Union Insurance Agency LLC.
Citizens-Union acquired Tiverton Insurance Agency, a privately-owned company in Tiverton that was owned by Leslie Hudson. She and employee Tracy Chaves will stay with the new company. Terms of the deal were not disclosed.
The company’s other insurance company acquisitions are Associates, of Fall River, Mizher, of Swansea, Patenaude, of Somerset, and Alberto, of Fall River. The insurance unit with 20 employees is run by First Vice President Ernest A. Mizher from offices in Swansea.
Citizens-Union Savings bank has eight offices in southeastern Massachusetts and one in Tiverton.
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