Greylock FCU Agrees to Merger With Franklin First Federal Credit Union
Greylock Federal Credit Union plans to absorb Franklin First Federal Credit Union, bringing the Pittsfield-based lender up to almost $2 billion in assets.
Mass. Home Prices Reach All-Time High in November
Massachusetts’ median single-family home price reached an all-time high last month, even as the condo market remained subdued.
Poll: Mass. Banks Could Win Over Low Income Consumers
New polling commissioned by an advocacy group says Massachusetts’ banks have a market opportunity if they can win low-income residents’ trust.
Eastern-HarborOne Merger Leads to Layoffs
As a result of Eastern Bank’s merger with HarborOne Bank, 75 Eastern Bank employees have been laid off.
HUD Accuses Boston of Anti-White Housing Policies
A Trump administration official says Boston is racially discriminating by trying to prevent displacement in minority-heavy neighborhoods and closing racial homeownership gaps.
Worcester Predicted to be a Top Housing Market in 2026
Worcester County is predicted to see the third-highest rate of growth in existing home sales in the nation next year, according to the economists at Realtor.com.
Mass. Real Estate Agents Confront Climate Risk
When Massachusetts homebuyers and sellers aren’t too worried about climate risk, despite increasingly severe floods, where does that leave their real estate agents?
In Lexington, Healey Touts Millions in ‘Affordable’ ADU Financing
Gov. Maura Healey and two of her top officials crowded into a Lexington accessory dwelling unit Wednesday morning to announce an ADU design contest and new “affordable” financing options for ADU construction.
New England Metros Feeling Greatest Mortgage Lock-In Effects
Several of New England’s biggest metros had the biggest gaps between the typical homeowner’s mortgage payment and what today’s typical buyer faces.
PeoplesBank President Hints at Eastern Mass. Expansion
PeoplesBank President and CEO Brian Canina says the Holyoke-based bank is eyeing Eastern Massachusetts growth in the coming years.
Others’ Mergers Create an Opening
When Amesbury-based BankProv came up for sale, Needham Bank faced plenty of competition. Deal in hand, CEO Joseph Campanelli said, his bank is looking forward to “a lot more synergies than we anticipated.”
Small Mass. Banks, CUs Face Heavy Tech Lift
Monopoly power isn’t just lurking in consumer prices. Data shows smaller lenders face disproportionately high – and rising – costs for their operating system software.
Down Payment Assistance Program Celebrates First Year of Operation
The Massachusetts Housing Partnership’s newest mortgage program has served 255 first-time homebuyers and dispersed $8 million in down payment help its first year of operation.
MountainOne-Mechanics Cooperative Merger OK’d
North Adams-based MountainOne Bank and Taunton-based Mechanics Cooperative Bank have received all regulatory approvals required to complete the merger of their mutual holding companies.
Members Approve BrightBridge Credit Union and Arrha Credit Union Merger
The members of BrightBridge Credit Union and Arrha Credit Union voted in favor of merging following separate member votes at each credit union’s corporate headquarters.
Landlords Only Getting Partial Section 8 Checks from Boston Housing Authority
Landlords with Section 8 tenants are only getting 25 percent of their payments from the Boston Housing Authority this month. Blame last month’s federal government shutdown.
Zillow Removed Climate Risk Info from Listings. Massachusetts Could Put It Back
Zillow has removed climate risk scores from its listings nationwide, but Massachusetts homebuyers could get at least one major safeguard from a bill before the state Legislature.
Webster First Names First-Ever Chief Human Resources Officer
Erin Jansky was recently promoted to the position after joining the credit union in October 2024
Healey Includes Financial Literacy in Proposed State Graduation Standards
Financial literacy programs would be required in every Massachusetts public school system under a statewide graduation standards framework Gov. Maura Healey proposed Monday.
Massachusetts Retail Workers Struggle to Afford Renting
Retailers traditionally use Black Friday sales help them afford their expenses, but a new report released Friday says, in Massachusetts, their workers can struggle to afford to rent an apartment.
