Facing challenges in staffing and hiring as loan volumes reached near or above record levels in 2020 and into 2021, mortgage lenders have had to manage evolving perspectives on work-life balances more than 18 months into the pandemic.
When Holyoke-based PeoplesBank launched a digital-only bank earlier this year, it wanted to find customers – not in its local market, but in Alaska and Wisconsin.
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.
A Methuen man has been charged with robbing four Middlesex County banks in August and September, escaping each time on a motorcycle.
A new fintech in Quincy that helps community banks solve critical challenges like growing core deposits, improving branch network performance, increasing business relationships and managing performance has formally announced its launch.
Salem Five has a new chief information officer.
State Street Bank and Trust Company broke away from the pack this year, adding a huge amount of assets to its business to grab a commanding lead in market deposit share in Massachusetts.
The parent company of Salem Five Bank has completed its acquisition of Lowell-based Sage Bank. The acquisition was announced in April and Salem Five expects a full conversion this fall.
Salem Five seems to have taken a liking to the Georgetown market.
After multiple consent orders and management changes since 2013, Lowell-based Sage Bank is no more.
The infamous “Spelling Bee Bandit,” who committed four bank robberies in a matter of weeks, was sentenced in federal court yesterday.
Salem Five Bancorp, the parent company of Salem Five Bank, announced the closing of its acquisition of Georgetown Bancorp Inc. and Georgetown Bank this week.
Salem Five acted as the lead lender financing the $4 million purchase of a provider of fixed-based operations at Beverly Airport.
A Chelsea man, dubbed the “Spelling Bee Bandit,” was recently indicted in connection with four bank robberies last year in the Greater Boston area.
The Burlington Police Department is searching for a man who robbed a Salem Five bank branch there this yesterday.
Salem Five is trying to cut through the noise and speak to stressed-out, crazy-busy customers with its latest brand campaign, “Let’s Uncomplicate Money.”
