Rockland Trust Opens Latest MetroWest Branch
Rockland Trust has opened a new branch in Marlborough as the bank continues to expand its footprint in the Worcester and MetroWest areas.
Rockland Trust has opened a new branch in Marlborough as the bank continues to expand its footprint in the Worcester and MetroWest areas.
American bank customers’ trust in national banks has grown, providing yet another challenge for local and regional banks looking to acquire new customers and deposits.
Holyoke-based PeoplesBank is set to open “at least” four interactive teller machines in its Hartford-area branches in what it calls an “opportunistic expansion” of its ITM network.
Santander Bank plans to close at least 16 Massachusetts branches this year, driven by customers increasingly opting for online banking instead of in-person banking.
Nancy Nesbitt’s four-decade career in commercial real estate, economic development and banking gives her the experience she needs at AccuBranch to help lenders build their branch strategies.
Two years after the start of the pandemic drove more customers to adopt digital banking when branch lobbies closed, a recent study found that Boston has one of the highest increases in branch closings among U.S. metropolitan areas.
HarborOne Bank has agreed to acquire four East Boston Savings Bank branches that will close following the merger with Rockland Trust Co.
Rockland Trust Co.’s upcoming acquisition of East Boston Savings Bank will involve a branch consolidation and job losses, but about 18 branch employees already know where their next job will be.
Berkshire Bank has completed the sale of its eight New Jersey and Eastern Pennsylvania branches to Investors Bank.
Brockton-based HarborOne Bank has opened a new Middleboro branch to replace its previous location in that town.
With financial technology and automation likely to have an even greater role in banking in the coming years, some lenders are rethinking staff roles and preparing employees for a changing economy.
Traveling round trip between Martha’s Vineyard and Falmouth might take three hours, but for Martha’s Vineyard Bank and its president and CEO, James Anthony, the two locations make up one community.
As several regional and national banks reduce their branch footprints in Massachusetts and pending mergers likely to come with branch consolidations, the state’s community banks have been closing some branches as well.
Santander Bank plans to close six branches in Southeastern Massachusetts and one of its two branches in the western part of the state as the bank, like others, continues to evaluate its branch network.
Santander Bank has closed seven Massachusetts branches this year and plans to shutter at least 11 more, according to regulatory filings with the Office of the Comptroller of the Currency.
Connecticut-based People’s United Bank said yesterday it would close 140 branches in Connecticut and New York located inside Stop & Shop stores.
Middlesex Savings Bank will continue its expansion into Central Massachusetts with a new branch in Westborough.
Brockton-based HarborOne Bank has broken ground on a new Middleboro branch location for a move that will come after 20 years in its previous location.
Despite uncertainty related to the pandemic, Rockland Trust’s CEO said the bank would consider making an acquisition, including a large one, in the current environment.
Even as more families used online banking in 2019, most also continued to visit bank branches, according to a recent Federal Reserve survey.