Coming from the world of government administration, Rafia Zahir-Uddin has helped JPMorgan Chase to organize significant community investments in Massachusetts as its vice president for corporate responsibility.
Robert Cashman’s life has been intertwined with Metro Credit Union from the start: his grandfather founded it and his father led it. Now, he’s leading the Chelsea lender to new heights.
A year after ChatGPT burst onto the national stage, Massachusetts’ banks and credit unions have begun adopting artificial intelligence-powered software tools in quests to enhance customer experience, offer new products or improve operational efficiency.
JPMorgan Chase and Bank of America have filed applications to open and close branches in Massachusetts while Citizens Bank completed the closing of some Stop & Shop branches, according to the latest data from the Office of the Comptroller of the Currency.
The Federal Reserve Bank of Boston has named Karen A. Pennell its new first vice president and chief operating officer. She will replace Kenneth C. Montgomery, who will retire this spring.
Eastern Bank and Cambridge Trust say their merger, formerly anticipated to close in the first quarter, won’t be completed on schedule.
Pentucket Bank has closed its main headquarters at 1 Merrimack St. in Haverhill as it will be demolished and give way for a redevelopment in downtown Haverhill.
After 13 years in a behind-the-scenes leadership role at Country Bank, Mary McGovern is preparing to step into the limelight as the bank’s new president and future CEO.
As Massachusetts banks wait to see how a lawsuit by national banking trade groups over changes to federal Community Reinvestment Act rules will turn out, they’re facing a large number of additional unknowns.
Swansea-based BayCoast Bank has recently promoted three leaders in top-level positions: its chief financial officer, chief information officer and chief human resources and talent officer.
While credit conditions are still expected to weaken compared to their strong position in the last few years, bank economists have come to view the situation with more optimism due to better economic growth.
Ware-based Country Bank is planning to put up a branch in Springfield by 2025 to establish a physical presence there amid growth opportunities and intensifying competition in the Western Massachusetts market.
In his new role, Nicholas Christ is responsible for developing new talent and products while expanding the bank’s lending throughout its Eastern Massachusetts market.
Regional banks in Massachusetts reported an increasing share of troubled office loans in their Q4 earnings calls, a trend that may continue in the next few quarters.
Hometown Financial Group is growing its eastern Massachusetts footprint as it announced a merger between Abington Bank and North Shore Bank on Thursday.
PNC Bank recently announced a $1 billion nationwide investment to open more than 100 branches and renovate over 1,200 existing branches through 2028, and Boston is getting two new branches from that plan.
Wayne Patenaude will step down as Cambridge Savings Bank’s president and chief executive officer on Feb. 28, and will be replaced by USAA executive Ryan A. Bailey.
New mortgage application data is signaling homebuyers are reentering the market amid gradual decline in interest rates, setting the stage for another year that drives home prices up.
UMass Boston, the University of Rhode Island, nonprofit engineering consultancy MITRE and fintech LoanSpark have joined Mass Fintech Hub to be a part of the financial technology community in the state.
Amid regional banks’ race to capture business among Boston’s affluent, Berkshire Bank has hired a former Silicon Valley Bank executive to boost its private banking business in the region.
