People’s United Closes on Belmont Savings Acquisition
The parent company of People’s United Bank has closed on its merger of the parent company of Belmont Savings Bank, BSB Bancorp reported in a regulatory filing this morning.
The Analytical and Emotional Balance of Marketing
Kayla Gaspar has overseen a wide range of marketing activities including managing the bank’s website content and assisting with SEO and partnerships to drive qualified visits to the website and convert visits to leads.
Belmont Savings Bank Execs to Make Millions from People’s United Acquisition
Executives at Belmont Savings Bank will collect big payouts once People’s United Bank officially completes its acquisition of the company.
How Belmont Savings Landed on People’s United as a Buyer
Heading into 2018, management and the board of directors at the parent company of Belmont Savings Bank saw that there was no shortage of challenges in front of them if they were to sustain their successful track record of loan and earnings growth.
Why People’s United Paid Only $327M for Belmont Savings Bank
The parent company of People’s United Bank completed its acquisition of the parent company of Farmington Bank in an all-stock transaction valued at $544 million nearly two months ago. Last week, People’s United announced it will buy the parent company of Belmont Savings Bank in an all-stock transaction valued at $327 million. Given that both banks hold about $3 billion in assets, what made the Farmington deal so much more lucrative than the Belmont deal?
Belmont Savings Bank Acquired by People’s United
Less than two months after completing its purchase of Farmington Bank in Connecticut, the parent company of People’s United Bank is shopping again.
Belmont Savings Provides Financing for Country Club Renovation
Belmont Savings Bank is providing the financing to help renovate a Watertown country club.
Belmont Savings Bank Announces REBA Premier Banking Sponsorship
Belmont Savings Bank has a new partner: The company announced earlier this week that it will become the Real Estate Bar Association’s exclusive premier banking partner.
Belmont Savings Bank’s New Fintech Partner to Improve Customer Engagement
Belmont Savings Bank has announced a partnership with Boston-based Digital Onboarding Inc. to enhance the bank’s customer engagement by increasing new checking account activation rates.
Belmont Savings Bank Parent Continues Healthy Growth
Despite a one time $2.63 million write down as a result of tax reform, Belmont Savings Bank’s parent company reported strong annual earnings and growth.
Belmont Savings Bank Twice Receives National Recognition In Q3
BSB Bancorp, the holding company of Belmont Savings Bank, had its 17th consecutive quarter of organic income growth, while garnering some serious national recognition along the way.
Belmont Savings Bank Named To Sandler O’Neill’s Sm-All Star Class Of 2017
Well-known in Massachusetts for its tremendous growth in recent years, Belmont Savings Bank is now being recognized as one of the best performing community banks in the country.
Despite Only Six Branches, Deposits Balloon At Belmont Savings Bank
Belmont Savings Bank Bancorp, the holding company of Belmont Savings Bank, continued to chug along, increasing its net income year-over year nearly 36 percent from $2.95 million for the second quarter of 2016 to $4.01 million at the end of the second quarter this year.
Personnel File
Promotions abound in this week’s Personnel news roundup.
Racing Ahead Of A Churning Market
You might not immediately make the connection between commercial real estate and skiing, but Tanis Meakin does.
BSB Posts 73 Percent Growth In 2016
BSB Bancorp posted strong earnings driven by core deposits in the fourth quarter last year, representing the 14th consecutive quarter of growth for Belmont Savings Bank.
Community Good Works
Belmont Savings Bank, ERA Key Realty Services and RTN Federal Credit Union are among those featured in this week’s roundup of organizations giving back to their communities.
Community Good Works
Belmont Savings Bank, Clinton Savings Bank and Debbie Blais Real Estate are among the organizations giving back to communities in this week’s roundup.
Community Good Works
Belmont Savings Bank, Callahan Construction Managers and Leominster Credit Union are featured in this week’s roundup of organizations giving back to their communities.
BSB Posts 70 Percent Increase In Q3
BSB Bancorp recently booked its 13th consecutive quarter of earnings growth, posting a 70.2 percent year-over-year increase in its bottom line at Sept. 30.
