Banking apps and websites are ubiquitous and necessary to a bank’s success. Customers no longer like a banking app – they require one. The gap between the best-performing and lowest-performing apps and websites has shrunk to its lowest level to date.
It’s the scholarship season — check out who donated how much to students this year.
Multifamily has become the almost last asset class standing when it comes to ground-up commercial development in Massachusetts, and banks are increasing their involvement in the sector accordingly.
From new VPs to fresh project managers, see who’s been hired, promoted and honored: It’s our weekly Personnel File roundup.
Even with some economic turmoil to start the year, Berkshire Bank had a successful first quarter, seeing deposit and income growth.
Aidan Sullivan, secondary market analyst at The Cooperative Bank of Cape Cod, has been named the 2024 “Rising Star of the Year” by the Massachusetts Mortgage Bankers Association.
Last year’s hope for lower cost of deposits may have given way to uncertainty, but banks are still looking for ways to compete beyond the interest rate they offer.
Bristol County Savings Bank Gave $250,000 to help fund a new emergency department at Sturdy Memorial Hospital in Attleboro. See who else gave back.
Berkshire Bank executive say the bank has raised $100 million in capital to support its upcoming merger with Brookline Bank.
Boston-based First Priority Credit Union donated $1 million to Brockton homeless services and housing provider NeighborWorks Housing Solutions. The money will fund the predevelopment phase of a permanent supportive housing project in Quincy. See who else gave back.
The Boston-based bank is bucking a trend among major, publicly-traded companies to back away from DEI and climate change goals.
2024 was another busy year in the Massachusetts banking sphere.
According to a securities filing, the holding companies of Berkshire Bank and Brookline Bank are planning to join forces in a merger of equals.
Oxford-based BankHometown announced a $5,000 donation to the Putnam Veterans Advisory Committee, supporting the creation of an Afghanistan Memorial in Putnam. See who else gave back.
Berkshire Bank has added an Olympic gold medalist and NBA champion to its team: Boston Celtics guard Derrick White joined the bank as a brand ambassador.
From new VPs to fresh project managers, see who’s been hired, promoted and honored: It’s our weekly Personnel File roundup.
The third quarter of 2024 was a successful one for Berkshire Bank as its net income increased $18 million year-over-year.
From new VPs to fresh project managers, see who’s been hired, promoted and honored: It’s our weekly Personnel File roundup.
Massachusetts banks are leaning on business lending to help them diversify away from commercial real estate lending. But demand for those loans has been shrinking for over a year.
From new VPs to fresh project managers, see who’s been hired, promoted and honored: It’s our weekly Personnel File roundup.
