Bank of Canton Promotes New President and CEO-Elect
Bank of Canton’s board of directors has unanimously approved the promotions of three executive officers, including Michael F. Lindberg to president and CEO-elect.
Rockland Trust to Keep Presence in Lowell Post-Merger, Despite new HQ
While Rockland Trust is planning to move to a new, larger corporate headquarters at the same time it’s seeking approval to buy Enterprise Bank, the bank says it will be maintaining an office in Lowell after the merger.
Economist: Mass. Economy May Have Shrunk More than U.S. in Q1
Start with an aging workforce and challenges retaining younger people, and add growing consumer worries and weakness in the tech sector, and Massachusetts’ economy could have shrunk as much as 1.3 percent.
Rockland Trust Consolidates HQ in Ex-Biotech Office
Rockland Trust will be moving its corporate headquarters back to Rockland, the South Shore town where it was first formed.
Citizens Loses CFO to State Street
Rhode Island-based bank Citizens is losing its chief financial officer to another New England institution: the investment bank State Street.
Brookline Bank Opening New Branch in Lawrence
The branch will serve Lawrence, Andover and North Andover with deposit, lending and wealth management services.
River Run Announces New Chief Banking Officer
Karen Murphy comes to the bank from Lowell-based Enterprise Bank, where she was director of branch administration.
Eastern Bank Shifts Securities Portfolio
In its first-quarter earnings call, Eastern Bank executives reported they had repositioned the bank’s securities portfolio to begin the year.
BankFive Remodels Corporate Office
BankFive has unveiled its recently renovated main office, located on Main Street in Fall River. The renovation comes as the institution celebrates its 170th anniversary.
Personnel File – No. 403
From new VPs to fresh project managers, see who’s been hired, promoted and honored: It’s our weekly Personnel File roundup.
A Regulatory Navigator with an Inside Perspective
After over four years as an executive at the Federal Reserve Bank of Boston, Daniel Hartman has joined the private sector at law firm Nutter, where he’s helping local banks make sense of the Fed’s regulatory moves.
It’s a Messy Market for Mass. CRE Lenders
Delinquent loans are ticking down, but the volume of charged-off loans is rising and economic uncertainty has made some banks and borrowers hit “pause.” Welcome to the 2025 commercial real estate lending market.
Brookline Bank Continues to Shrink CRE Portfolio
Brookline Bank’s parent company continued to pull back its commercial real estate lending portfolio in the first quarter.
Eastern Bank to Buy HarborOne in $490M Deal
Eastern Bank says it’s agreed to buy HarborOne Bank in a cash-and-stock deal that will give the former a substantial beachhead in the Rhode Island market.
Berkshire Bank Sees Net Income Growth to Start 2025
Even with some economic turmoil to start the year, Berkshire Bank had a successful first quarter, seeing deposit and income growth.
Reading Cooperative Bank Merger Given Green Light
The merger of Reading Cooperative Bank and Wakefield Co-operative Bank has been approved by regulators and will officially close on May 1, the two banks announced Tuesday.
Avidia Bank Plans to Convert to Stock Ownership
A MetroWest bank that came to prominence for its digital-forward thinking is taking a step to raise millions in cash – and potentially make it easier to acquire other banks.
Can Good Service Help in Uncertain Economic Times?
The economy might be searching for stability as it rides President Donald Trump’s tariff rollercoaster, but bank consumers are growing increasingly satisfied with their financial institution.
Rockland Trust Ups Loan-Loss Provision Amid Office Turbulence
An increase in its set-aside for troubled loans as speculation grows about a possible recession saw Rockland Trust’s net income tick downwards in the first quarter.
Community Good Works
A Workers Credit Union executive organized financial education classes to help students with disabilities and other significant challenges prepare to live independently. See who else gave back.
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