Legacy Bancorp (LEGC) Receives Preliminary Approval for $20 Million From TARP

January 2, 2009 11:01 AM EST

Legacy Bancorp, Inc. (NASDAQ: LEGC) received preliminary approval of its application for approximately $20 million under the U.S. Treasury Capital Purchase Program. The Company will have 30 days after receipt of formal approval to decide whether to participate in the Program.

Legacy Banks is headquartered in Pittsfield, Massachusetts. It employs 192 people and has 17 offices throughout Berkshire County, Massachusetts and Eastern New York, as well as a Loan Production Office in Colonie, New York. [SM]


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