Banking and Lending
Personnel File – No. 427
From new VPs to fresh project managers, see who’s been hired, promoted and honored: It’s our weekly Personnel File roundup.
Community Good Works
Banks took the Trump administration’s cuts to federal food aid programs during the government shutdown as a signal to step up their giving to food pantries: $270,000 alone in direct response to the cuts. See who else gave back.
Salem Five Launches Private Banking Team with Ex-Enterprise Banker
Count Salem Five among the local banks now looking to high-touch, always-on customer service to generate more revenue from their best clients.
Greenfield Savings Bank VP Charged in Child Exploitation Investigation
A vice president at Greenfield Savings Bank has been charged as part of a State Police sting operation targeting child sexual exploitation.
Fidelity Bank Adds Community Banking Director
Fidelity Bank has appointed Thomas Galvani as director of community banking for the Leominster-based institution.
Personnel File – No. 426
From new VPs to fresh project managers, see who’s been hired, promoted and honored: It’s our weekly Personnel File roundup.
A Digital and a Physical Footprint
Cambridge Savings Bank President and CEO Ryan Bailey says the bank will evaluate opportunities to grow its presence in the state, whether through more branch openings or merger and acquisition activity.
BayCoast Bank Finances Veterans Association HQ
BayCoast Bank says it’s provided financing that has allowed the Veterans Association of Bristol County to purchase the Tuscan Building, located at 145 Globe St. in Fall River.
Survey: Mass. Biz Confidence Stuck in Longest Rut Since COVID
Nearly a year into the second Trump administration, Democrats atop Beacon Hill are not the only ones unable to shake a sense of economic agita.
Eastern Bank Completes Acquisition of HarborOne
Boston-based Eastern Bank says it has completed its acquisition of Brockton-based HarborOne. The deal was officially closed shortly after midnight on Nov. 1.
Pittsfield Cooperative Bank Names New COO
Pittsfield Cooperative Bank has named a new chief operating officer who’ll be the latest former Berkshire Bank exec to fill a leading role at the bank.
Colonial Federal Savings Bank Acquired by Hometown Financial
Hometown Financial Group has completed its acquisition of Colonial Federal Savings Bank, the holding company’s eighth merger in a decade.
Fiserv Slashes Guidance, Shuffles Leadership After Big Earnings Miss
Fiserv shares careened to their lowest level in more than five years last week after the fintech payment company badly missed Wall Street’s profit targets.
Personnel File – No. 425
From new VPs to fresh project managers, see who’s been hired, promoted and honored: It’s our weekly Personnel File roundup.
Board Battles Aren’t Just for Big Banks
Eastern Bank executives’ developing battle with an activist investor is throwing the spotlight on the challenges even small bank and credit union executives can run into.
Bluestone Bank Joins with Cape Cod 5
Raynham-based Bluestone Bank is merging its mutual holding company with that of Cape Cod 5 to create an $8.8 billion-asset organization.
Community Good Works
The Sarkis Team, affiliated with residential brokerage Douglas Elliman, recently led a 40-person cleanup of Titus Sparrow Park in Boston’s South End in partnership with a community group. See who else gave back.
Personnel File – No. 424
From new VPs to fresh project managers, see who’s been hired, promoted and honored: It’s our weekly Personnel File roundup.
An Engaged Leader Is Honored
Grace Lee has taken over as president and CEO of St. Mary’s Credit Union, but her time leading M&T Bank’s Boston-area unit is producing one last headline: a philanthropic honor from the Boston Arts Academy foundation.
Eastern Bank Responds to Activist Investor Comments
Executive Chair Bob Rivers didn’t directly address HoldCo’s threat of a proxy fight, but touted the bank’s rising share price, earnings, deposit market share and other metrics.
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