Timing a Rebrand, and a Handoff
After 104 years, The Cooperative Bank of Cape Cod has rebranded to Cape & Coast Bank. But as it adopts a new name, the bank is saying goodbye to longtime CEO Lisa Oliver.
It’s a Messy Market for Mass. CRE Lenders
Delinquent loans are ticking down, but the volume of charged-off loans is rising and economic uncertainty has made some banks and borrowers hit “pause.” Welcome to the 2025 commercial real estate lending market.
When Fraud Hits, Some Banks See Opportunities for a Win
New data shows if banks want customers to view them favorably, how instances of fraud are handled is crucial.
CDs Were the Bedrock of Banks’ Deposit-Gathering. What Now?
As interest rates are on the decline, banks will face a new challenge as they look to maintain deposits or attract new customers.
Personnel File – No. 379
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
Rollstone Bank & Trust, based in Fitchburg, pledged $15,000 through its foundation to the Montachusett Veterans Outreach Center in Gardner, a nonprofit organization that supports military veterans and their families. See who else gave back.
To Combat Holiday Scams, Banks Must Give the Gift of Education
Online scams are especially prevalent this time of year. Trying to head them off by educating customers can help a bank’s balance sheet as well as earn it goodwill in the community.
Personnel File – No. 349
Who’s on the move? From new VPs to fresh project managers, see who’s been hired, promoted and honored: It’s The Personnel File.
Community Good Works
Berkshire Bank volunteers packaged over 47,000 meals that were then donated to Veterans at Veterans Inc. and the Worcester Food Pantry during its annual X-Day, bank-wide volunteer event. See who else gave back.
Personnel File – No. 339
Who’s on the move? From new VPs to fresh project managers, see who’s been hired, promoted and honored: It’s The Personnel File.
Community Good Works
Naveo Credit Union employees were invited to dress down and wear a red shirt or tie in exchange for a donation to the American Heart Association on Feb. 3, 2023.
How I’ve Strived for Equity in Bank Leadership
The banking industry is experiencing an awakening that corporate governance, whether in the executive suite or board of directors level, must be reflective and inclusive of the communities we serve.
Community Good Works
Banks and credit unions made big gifts to help their communities in recent weeks. See who gave what, and to whom.
Community Good Works
From COVID-prevention supplies to major gifts to community pillars, local banks, credit unions and real estate brokerages helped out their neighbors in recent weeks.
Man with Charged with PPP Fraud on Loans from Two Mass. Banks
A convicted bank robber from Rhode Island fraudulently obtained $600,000 in forgivable federal business loans and spent $30,000 in Las Vegas before being caught, federal prosecutors said Tuesday.
Banks Turn to Online Portals to Process PPP Forgiveness
With 118,000 Massachusetts small businesses, nonprofits and independent contractors receiving loans through the Paycheck Protection Program, lenders must now work on the forgiveness phase.
Cooperative Bank of Cape Cod Funds Provincetown Monument Elevator
Visitors to the Provincetown Monument with mobility challenges may soon have an easier time visiting the Cape Cod landmark and its associated museum following a pledged $4.5 million donation from The Cooperative Bank of Cape Cod.
Community Good Works
A range of local banks, credit unions and commercial real estate firms gave nearly $1.5 million in recent days to help their communities deal with the economic fallout of the coronavirus.
Community Good Works
Banks and credit unions gave back to their communities in a variety of ways this week.
Community Good Works
Members of the banking and real estate industries were hard at work this holiday season giving back to their communities in many ways, from toy donations to monetary gifts and volunteer time.
