Liberty Bank Opens New Loan Office in Springfield

Connecticut-based Liberty Bank recently opened a new loan office in Springfield, and is set to open a full-size branch in East Longmeadow “later this fall” as it chases what it believes is strong growth potential in the Western Massachusetts market.

Boston Fed First VP, FedNow Head to Retire

Kenneth C. Montgomery, the first vice president and chief operating officer of the Federal Reserve Bank of Boston, is set to retire in the spring after 40 years. Now the bank is launching a national search for a replacement.

Redfin Says It Will Leave NAR

Amid fallout from a sexual harassment scandal at the very top of the National Association of Realtors and court cases that look set to force changes in buyer-broker compensation, one of the nation’s largest brokerages says it will require “many” of its agents to leave the group.

Hot Property: Volpe Center

The federal government’s new Volpe National Transportation Systems Center includes new simulator labs designed to improve the safe operation of commercial airliners, locomotives and 18-wheelers.