Bank of New England Corp. and CBT Corp. merged.

The new company formed at the completion of the previously announced merger is called New Bank of New England Corp. Last week, the Supreme Court cleared the way for the merger by ruling Connecticut and Massachusetts regional interstate banking laws, albeit exclusionary of banks out of the region, are constitutional. The New Bank of New England Corp. has $14 billion in assets, 10,000 employees, and more than 250 offices throughout Connecticut and Massachusetts. Maine National Corp. of Portland, with 38 offices and 800 employees, is expected to become part of the new company later this month.