Mass. Bank and Credit Unions Testify on Interchange Fees
Massachusetts banks and credit unions argued in support of interchange fees on credit card transactions to a state committee earlier this week.
Personnel File – No. 443
From new VPs to fresh project managers, see who’s been hired, promoted and honored, it’s our weekly Personnel File roundup.
Hanscom Federal Credit Union Names Chief Legal Officer
Johan Seo was formerly general counsel at Workers Credit Union and a senior leader at East West Bancorp and a director at the Federal Reserve Bank of San Francisco.
AI’s Suddenly Hot for Lenders. But They’re Grappling with How to De-Risk It
As Massachusetts’ banks and credit unions increase their usage of artificial intelligence, building guardrails will be essential to keeping customers safe, executives say.
How Fraud Fight Shapes Your Local Financial Institution
As bank fraudsters get more professional, fraud losses mount – and have implications beyond local lenders IT departments, even extending to M&A.
Mass. CUs Want Share of Bank M&A
When Hanscom Federal Credit Union bought a Maryland bank last month, it did something that’s illegal for its state-chartered peers.
Hanscom FCU Acquires Alden Credit Union
Chicopee-based Alden Credit Union and Hanscom Federal Credit Union today announced they plan to merge, with Hanscom FCU the surviving institution.
Credit Unions Look to DNA for Successful M&A Deals
Hanscom FCU’s recent purchase of a Maryland bank means its executives face a classic task. But they and other credit union leaders say the industry has advantages over banks.
Two Credit Union Deals Reach Finish Line
Two credit union deals reached the finish line as Hanscom Federal Credit Union acquired Maryland-based The Peoples Bank, and BrightBridge Credit Union completed its merger with Arrha Credit Union.
Community Good Works
Colonial Federal Savings Bank made a $100,000 unrestricted donation to NeighborWorks Housing Solutions, a South Shore affordable housing developer. See who else gave back.
Community Good Works
Boston-based Eastern Bank said its foundation has made a $10 million, three-year commitment to its new “Career-Focused English Proficiency Initiative.” See who else gave back.
Hanscom FCU Plans to Buy Maryland Bank
Hanscom Federal Credit Union has announced its plan to acquire a bank, Maryland-based The Peoples Bank, in a move guaranteed to raise hackles in the banking industry.
Community Good Works
After a longtime Hanscom Federal Credit Union employee died suddenly earlier this year, a team of HFCU employees led by President and CEO Peter Rice hiked a famous, 75-mile medieval pilgrimage route in Spain to raise thousands of dollars for a fund in the employee’s memory.
Personnel File – No. 378
From new VPs to fresh project managers, see who’s been hired, promoted and honored: It’s our weekly Personnel File roundup.
Personnel File – No. 372
From new VPs to fresh project managers, see who’s been hired, promoted and honored: It’s our weekly Personnel File roundup.
Personnel File – No. 371
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
More than Bristol County Savings Bank 300 workers took a day to volunteer at 18 different sites across the bank’s service area, from city parks to YMCA camps and museums. See who else gave back.
Photos: 2023 in Philanthropy
The developers, banks, construction companies, credit unions, real estate brokerages, property managers and others in Massachusetts’ real estate and banking industries had a busy year when it came to giving.
Personnel File – No. 353
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
Brookline-based Chestnut Hill Realty celebrated the opening of its new, 127-unit John Adams apartment building in Brookline’s Hancock Village with a $100,000 donation to the Brookline Teen Center. See who else gave back recently.
