Banking and Lending
Beacon Bank Renovates Branches
Beacon Bank has renovated nine branches in Berkshire County, part of a multi-million-dollar project, according to the bank.
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.
Personnel File – No. 458
From new VPs to fresh project managers, see who’s been hired, promoted and honored in the Massachusetts real estate and banking industries.
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.
Investor Lending Made Easy
For years, small-time investors could gain the same kind of favorable financing available to buyers who planned to live in their homes. Lately, they’re opting for different types of funding.
Community Good Works
Framingham-based ERA Key Realty agent Nelson Zide donated $10,000 to the Realtors Relief Foundation to support disaster relief work. See who else gave back.
BostonPads Launches Private Lending Division With Roc Capital
Local apartment listings site and brokerage Boston Pads has launched a new co-branded private lending division aimed at multifamily investors.
Poll Finds Top Concerns: High Costs, Housing and Taxes
Calling Massachusetts “desirable, but expensive,” sponsors of a new poll say it confirms that affordability issues are the “fault line” shaping views of the state’s future.
Beacon Bank Names New CEO as Perrault Retires
Beacon Bank named Sean Gray CEO of the bank and its holding company, the Boston-based bank announced Monday morning.
Personnel File – No. 457
From new VPs to fresh project managers, see who’s been hired, promoted and honored, it’s our weekly Personnel File roundup.
Mass. Sheds 7.1K Jobs in August as Losses Mount
Massachusetts has lost about 11,000 jobs in the last two months, almost matching the jobs gained since September 2025.
Direct Federal Credit Union Launches Charitable Checking Product
Direct Federal Credit Union has launched a new checking product that will allow customers to support local charities with each debit card swipe.
Community Good Works
Vantage Builders said it raised $35,000 for Fisher House Boston during its fifth annual charity golf tournament on Aug. 10. See who else gave back recently.
Workers Credit Union Names Two to Lead AI Innovation
Workers Credit Union says it’s looking to increase its innovation efforts as it names two senior executives to lead artificial intelligence implementation.
Personnel File – No. 456
From new VPs to fresh project managers, see who’s been hired, promoted and honored, it’s our weekly Personnel File roundup.
Proposed Federal CRA Changes Would Harm Affordable Housing Production
A new proposal from federal bank regulators would undermine Congress’ big expansion of low-income housing tax credits. This shouldn’t stand.
How KeyBank Wants to Compete in Mass.
After taking a break from working at large banks, Mark Williams is joining KeyBank to lead the Ohio-based regional bank’s New England business banking efforts.
BankChain Alliance Aims to Streamline Bank Operations
The American banking industry is ganging up to build its own blockchain and put banks back in control of their technology and growth.
Citizens Sues Sofi, Claims Worker Poaching ‘Decimated’ CT Business
Citizens Bank has sued online lender SoFi, claiming it “essentially eliminated its market presence” in Connecticut after hiring away several mortgage employees.
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