M&T Earnings Highlight Rate Pressure in Third Quarter
M&T Bank executives remained positive headed into the end of the year, but highlighted the pressure the recent Federal Reserve rate hike had on its ability for growth.
Former Bruins Goaltender Tuukka Rask Becomes Workers CU Spokesperson
Both Tuukka Rask and the credit union have ties to Finland: The goaltender grew up there, while the credit union was founded by Finnish immigrants in 1914.
Chase to Increase Donations in Boston Market
JPMorgan Chase has committed to making $3.5 million in new donations to organizations across Greater Boston and will increase its small business banking staff in the market.
First Responders CU Hits $470M with Lynn Acquisition
Boston-based First Responders Credit Union announced that it has acquired Lynn Firemen’s Federal Credit Union.
The Cape’s Affordability Struggles Haven’t Gone Away
Surging interest rates have made it even more difficult for long-term residents to buy on Cape Cod. It follows the biggest home-price jump anywhere in Massachusetts.
A New CEO for River Run
Sujata Yadav is bringing what she calls an “almost a 360-degree view” of banking acquired at regional and international lenders to three mutual banks at River Run Bancorp.
AG Campbell Declares for ‘Starter Homes’ Question 7
Massachusetts Attorney General Andrea Campbell has endorsed Question 7 on this fall’s ballot, dubbed the “Legalize Starter Homes” initiative.
Leader Bank Opens Andover Branch
Leader Bank has officially opened a branch in Andover, one of three it’s opening across the state in three months.
Needham Bank Introduces ‘Dementia-Friendly’ Banking Hours
Needham Bank will introduce dedicated “dementia-friendly” banking hours at its Natick branch beginning on Oct. 17.
Workers Credit Union Becomes First-Ever UMass Lowell Jersey Sponsor
Workers Credit Union has become the first-ever jersey sponsor for UMASS Lowell athletics.
Sales Hold Steady in Greater Boston According to Zillow Report
Home sales numbers were down across the nation in September, but not in Greater Boston, according to a new estimate.
Rockland Trust Finances Pennrose Development in Lenox
An affordable housing development in the Berkshires is getting underway across the street from its sibling development that opened earlier this year.
Metro Credit Union Promotes COO
Metro Credit Union has promoted Traci Michel to executive vice president. Michel was previously the chief operating officer and chief strategy officer of the institution.
Teams, Indie Brokerages Get Ahead with AI
Many Realtors use artificial intelligence regularly. But for some Boston-area brokerages and teams, it’s also become a helping hand against larger competitors.
Beacon Bank Renovates Branches
Beacon Bank has renovated nine branches in Berkshire County, part of a multi-million-dollar project, according to the bank.
River Run Grabs Top Eastern Exec as Future CEO
River Run Bancorp has named Sujata Yadav its next president and CEO. She will lead River Run as well as its three constituent banks.
St. Mary’s Credit Union Names Ex-HarborOne Exec New President and CEO
St. Mary’s Credit Union has its third new leader in less than a year as President and CEO Jim Petkewich retires.
Jeanne D’Arc Credit Union Adds Investment Capabilities
The Lowell-based credit union is working with InvestFi to allow customers to directly make investments from their accounts.
Boston-Area Home Prices See Slight Uptick
Greater Boston single-family home prices saw a slight increase in August, according to a new report from Redfin.
Changing Interest Rate Expectations Put Pressure on Mass. Banks
With interest rates rising for the first time in three years and long-term bond yields on the rise, Massachusetts banks have to sort out a trio of problems.
