Avidia Announces Big Stock Buyback
After converting from a mutual bank to a stock institution just one year ago, Hudson-based Avidia Bank has announced plans to spend $30 million buying back its stock, according to SEC filings.
Berkshires Bank Merger Births Trailmark Bank
Adams Community Bank and Pittsfield Cooperative Bank will become Trailmark Bank when the two institutions combine later in 2026, the two banks said this week.
Families Struggling to Afford Rent in New England
Greater Boston families with children are more rent-burdened than the overall rental population, according to a new report from Zillow’s economists analyzing census data.
Leader Bank Adds First Cape Cod Branch
Leader Bank has added its first branch on Cape Cod, complimenting the Arlington-based bank’s existing loan office in Mashpee
Hilltop Steak House Home Sells For $3.6M
The Lynnfield house built by Hilltop Steak House founders Frank and Irene Giuffrida has sold for $3.65 million, after just one day on the market.
Peabody Named Hottest Market in Country
Peabody has been named the hottest ZIP code in the country. Here’s what local Realtors and brokers think is driving that popularity.
Who Still Needs a Banker’s Advice?
Banks and credit unions spent the last decade retooling branches and marketing to play up their skills in dispensing financial advice. Does that bet still work in a world where consumers turn first to AI?
Bringing Clarity to Deposit Volatility
Deposits have become a lot more volatile, and bankers need a better way to understand these liabilities, argue Justin Bakst and Billy Guthrie of Darling Consulting Group.
$216K Now Needed to Afford Median Boston Home
A hopeful homebuyer will need to make $216,995 to afford a median-priced home in Greater Boston, according to new data from Redfin.
Seller Pricing Power Remains Strong in Mass.
Massachusetts home sellers are staying firm despite the most balanced market seen in many years, and a national market that favors buyers.
BrightBridge Credit Union Completes Core Conversion
BrightBridge Credit Union said it completed converting the former Arrha Credit Union to its own core systems.
Webster First Federal Credit Union Names Chief Risk Officer
Webster First FCU says that the appointment of Colleen Carney reflects the growing importance of risk management at the growing institution.
What Does It Cost to Build an ADU in Massachusetts?
Massachusetts homeowners just got a new, low-cost tool to help them figure out how to build an ADU. But even with a plan in place, they still face big cost hurdles.
Beacon Bank Deals With Four Loans in Second Quarter
Boston-based Beacon Bank dealt with four troubled loans as it sought to improve its asset quality last quarter, the bank announced Wednesday.
Beacon Bank Opens Branch in Braintree
Beacon Bank recently held a grand opening ceremony for a new branch in Braintree, marking its expansion on the South Shore.
Luxury Brokerage Adds Ex-Coldwell Banker Realtors
Former Coldwell Banker Realtors Steve and Nicole Connolly are joining MGS Group Real Estate, the latter brokerage announced.
Gibson Sotheby’s Acquires North Shore Brokerage
Boston-based Gibson Sotheby’s International Realty acquired a 40-agent brokerage, significantly expanding its footprint on the North Shore.
Eastern Bank Claims Progress in Drive for Organic Growth in Q2
Eastern Bank executives said the bank’s bottom line aided by improved asset quality and fee generation from its wealth management sector in the second quarter.
For Brokerages, It’s Taking More Than Checks to Keep Agents
As the number of real estate agents are on the decline – particularly those who work in the business full-time – brokerages are under pressure to keep the agents they have.
Under the Hood of PeoplesBank’s Innovation Engine
PeoplesBank is not looking to be your average community bank, says Chief Operating Officer Aleda DeMaria. She’s charged with leading to digital innovations to make that happen.
