MassHousing Provides Permanent Financing For Swampscott Development
MassHousing has closed on the final financing for the development of WinnCompanies’ Westcott housing project in Swampscott.
BayCoast Bank Names New Top HR Exec
Baycoast Bank has named Beth Pelletier its new chief human resources and talent officer.
Needham Bank Opens New Hampshire Branch
Needham Bank recently celebrated the grand opening of its newest branch at Tuscan Village in Salem, New Hampshire.
Community Good Works
Pittsfield-based Greylock Federal Credit Union said it hosted 150 Berkshires residents at one of its Pittsfield branches for a festival to teach youth about wealth-building. See who else gave back.
Public Funding Boosts 29 Housing Projects
Properties in 20 Massachusetts communities received $278 million in public funding to preserve and develop housing including a 72-unit development next to the MBTA’s Shawmut station in Dorchester.
Eagle Bank Expands into New Hampshire
Eagle Bank is expanding into New Hampshire as it plans to open its first branch at 40 Bridge St. in downtown Portsmouth.
Greylock FCU Partners With MassHousing ADU Lending Program
Another local lender has joined MassHousing’s accessory dwelling unit loan program.
KeyBank Names New England Business Market Lead
KeyBank has named a new New England business banking market leader.
Needham Office Campus Gets $73M Mortgage from Barings
A Needham office campus that sold last year for $132 million received $72.6 million in financing from Barings.
AI Agent Shoppers Challenge Lenders’ Fraud-Fighting Tools, Experts Say
Existing fraud-fighting tools are built to look for robot-like activity. But that means they try to stop legitimate AI agents from doing someone’s shopping for them.
MassHousing Releases Fraud Investigation Results
Former MassHousing executive Tony Richards II did not appear to influence the grant awards to two developers accused of defrauding the agency, the in-house inquiry found.
BofA Boston Executive Named Chair of Greater Boston Chamber of Commerce
Bank of America’s Massachusetts President Miceal Chamberlain has been named the new chair of the board of directors for the Greater Boston Chamber of Commerce.
MassBankers Supports National Blockchain Network
The Mass Bankers trade group and 38 other state banking associations want to create an industry-owned platform for things like tokenized deposits and smart payment tools.
Personnel File – No. 455
From new VPs to fresh project managers, see who’s been hired, promoted and honored, it’s our weekly Personnel File roundup.
Multifamily Fueled Fastest-Growing Mass. Lenders
Bank commercial real estate loan volume increased by 44 percent statewide year-over-year in the first six months of 2026, despite headwinds and uncertainty.
Needham Bank Opens Branch in Prudential Center
Needham Bank has opened the doors to its newest branch in Boston’s Prudential Center, bringing its total to 22 in Greater Boston and New Hampshire.
Concord 40B Project Financed by British Pension Manager
A Concord office park will be gaining 201 new apartments thanks to money from a storied British retirement funds manager.
Personnel File – No. 454
From new VPs to fresh project managers, see who’s been hired, promoted and honored, it’s our weekly Personnel File roundup.
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.
Community Good Works
Boston-based Shawmut Design and Construction’s cycling team completed the 19th annual Pan-Mass Challenge earlier this month. See who else gave back.
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