Banking and Lending
Needham Bank Adds New Financial Education Program
Needham Bank has launched “NB Financial Foundations,” a free financial education program created with content from education and worker training company EverFi.
More Fed Officials See Possible Rate Hikes This Hear, Minutes Show
The number of Federal Reserve policymakers willing to consider an interest rate hike this year rose between the January and March meetings, as higher gas prices stemming from the Iran war threatened to worsen inflation in the coming months.
Pittsfield Cooperative Bank Plans Merger with Adams Cooperative Bank
Adams Community Bank and Pittsfield Cooperative Bank have announced plans to merge and rebrand.
Mass Businesses Concerned About Rent Control
It’s not just the war with Iran: Businesses in Massachusetts are also concerned about the potential for rent control in the state, according to the latest survey from a major statewide business group.
The Good, Bad and Ugly of the Mass. Spring 2026 Housing Market
The Massachusetts housing market is starting to wake up after a long, chilly stretch. Here’s what could make – or break – the spring selling season.
Cottonwood Loans $122M for Charlestown Housing Redevelopment
The next building in the redevelopment of Boston’s Bunker Hill public housing complex has been financed, including a $50 million contribution from the city of Boston.
Metro Credit Union Merging With Members Plus Credit Union
Chelsea-based Metro Credit Union has announced plans to absorb Medford-based Members Plus Credit Union.
Metro Credit Union Selects New Banking Platform
The software is billed as being able to deliver secure money movement options as well as self-service options for members and embedded third-party integrations.
First Tech Federal Credit Union Names New Chief Legal Officer
After spending seven years at the Federal Reserve Bank of Boston, Steven Wright will be joining First Tech Federal Credit Union, formerly DCU.
Personnel File – No. 437
From new VPs to fresh project managers, see who’s been hired, promoted and honored, it’s our weekly Personnel File roundup.
Troubled Loans Stacking Up as Boston CRE Struggles
Bad real estate loans are piling up at Massachusetts’ banks, and more set to come due this year are expected to leave local bankers with tough decisions.
Three Credit Card Bills on Beacon Hill Could Hurt Consumers, Small Biz
Large national retailers are lobbying the state Legislature to fundamentally alter credit card payments, with large impacts on consumers and small businesses.
Did Mortgages with Locked-in Low Rates Lead to Rising House Prices?
A recent study backs up the conventional wisdom that rising mortgage rates locked existing homeowners into their current homes, and reveals important new details.
Community Good Works
A Worcester architect and a College of the Holy Cross professor and her class design, build and install a shelter and storage shed for a community fridge. See who else gave back.
Chances of a Fed Rate Cut Fade as Inflation Worsens
The jump in gas prices stemming from the war in Iran has had another impact that may also affect many Americans’ finances: Higher interest rates.
Eastern Bank Names New Chief People Officer
Eastern Bank today has named Jennifer Wambold its new chief people officer.
Fidelity Bank Names New President
Fidelity Bank has named a new president. Sean J. O’Connell will lead the bank while remaining as Fidelity’s chief lending officer.
DOJ Investigation into Powell Could Backfire on Trump and Keep Fed Chair in Office
Republican Sen. Thom Tillis and all Democrats on the Senate Banking Committee say they won’t vote to confirm any Fed nominees until the investigation is dropped.
A Long-Term Perspective for Volatile Times
After years of working for large banks, Steven Finocchio is switching teams to join Metro Credit Union as CFO, where he’ll run the financial strategy that supports its lending activities.
BayCoast Bank Names New COO
Nicholas Christ has been promoted to COO while Heather Francis and Shawn Rioux have been appointed as co-presidents of BayCoast Mortgage.
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