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Meridian Bancorp Inc. has set mid-January as its deadline for the elimination of 150 jobs to aid in its integration of the former Hill Financial Savings Association.
The firings were announced by Russell J. Kunkel, Meridian vice chairman, and head of the integration process.
Kunkel said Meridian plans to consolidate support services in the areas of deposit products, loan operations, accounting, data processing, marketing, legal and audit functions.
The resolution Trust Corp., which manages failing thrifts, awarded Hill...