The pandemic startup surge is showing little sign of abating, and some local banks are expanding their financial education programming to support new – particularly minority – business owners, and perhaps win new customers along the way.
From new VPs to fresh project managers, see who’s been hired, promoted and honored: it’s The Personnel File.
Cambridge Savings Bank has provided $26 million in financing to a wealth management company that has been expanding its business along the East Coast.
From food pantries to future coders, banks and a real estate brokerage helped out their neighbors in many ways in recent weeks.
Cambridge Savings Bank provided $38.7 million in construction financing for a nearly 400,000-square-foot last-mile distribution center in Boylston.
The COVID-19 pandemic has upended the traditional power balance between employers and employees, and what those workers want out of a job, challenging lenders to show workers a stronger value proposition.
Brickman has acquired a multi-tenant industrial building at 120 Forbes Boulevard for $17.6 million.
Lenders should combine technology with a human-centric approach to build lifelong relationships. Aim to create a relationship with your customer like the one they share with their primary physician.
Cambridge Savings Bank has opened a new branch in Somerville’s Assembly Row, the bank’s 18th branch and first in Somerville.
Cambridge Savings Bank has launched a digital-only bank, joining several other Massachusetts community banks that offer online savings products to consumers nationally.
Cambridge Savings Bank has provided a construction loan and line of credit to Catholic Memorial to help fund a renovation project at the private all-boys high school.
Cambridge Savings Bank has provided a $750,000 corporate loan to Capital Good Fund, a Rhode Island-based community development financial institution, to fund small-dollar loans to low- and moderate-income families and individuals in Massachusetts.
Cambridge Savings Bank has invested $500,000 in Coastal Ventures V LP, a socially responsible venture capital fund managed by CEI Ventures.
Local banks contributed to a range of causes in recent weeks, from upgrades to local libraries and support for young mothers to support for affordable housing developers.
A pair of mergers between four Massachusetts banks are opening new doors for growth, their leaders say, despite the challenges they faced in merging cultures amid the COVID-19 pandemic.
Now that Eastern Bank has become a stock bank, giving up its status as the nation’s oldest and largest mutual bank, the Massachusetts banking landscape could see even more changes in the years ahead.
Several local banks have joined an initiative to increase voter registration and participation in the U.S.
A recent capital improvement and renovation project at 81 Wyman St. in Waltham has received LEED Platinum certification for core and shell by the U.S. Green Building Council.
Even as banks continue to deal with the impacts of the economic crisis brought on by the coronavirus pandemic, a second Cambridge-based community bank plans to go ahead next week with an acquisition next month.
Massachusetts communities saw more changes at bank branches Tuesday as the spread of the coronavirus continued. Bank branches throughout the state have closed, with some offering services at drive-up windows only and others shutting down entirely.