Mass. Housing Secretary Ed Augustus Named UniBank CEO
Ed Augustus – the Healey administration’s top housing official – is moving to the banking world as the next CEO of UniBank.
Personnel File – No. 431
From new VPs to fresh project managers, see who’s been hired, promoted and honored, it’s our weekly Personnel File roundup.
Unibank CEO to Step Down
UniBank CEO Michael Welch will step down from his role effective in June after seven years with the Central Massachusetts bank.
UniBank Acquires Historic Whitinsville Property
UniBank said it has purchased a historic property connected to its founder in the heart of Whitinsville, the main village in the town of Northbridge.
UniBank to Open Marquee Branch Next to Polar Park
Whittinsville-based UniBank played a big role in launching the redevelopment of the area around Worcester’s Polar Park. Now, it’s getting a branch in a premier location just across from the ballpark’s main gates.
Market-Rate Projects Sprout Around Worcester Ballpark
For-profit multifamily developers that have shied away from Massachusetts’ Gateway Cities because their rents didn’t support the cost of new construction are betting on Worcester’s economic and population growth to push projects across the finish line.
Worcester Banks See Good Omens
As the revitalization of Worcester brings new developments, housing and even a minor league ballpark to the city, community banks in the region have entered 2022 optimistic about potential commercial lending opportunities.
Bank Collaborations, AI Ahead in 2022
Innovations coming in the next year could include enhancements to digital onboarding, internal processes and artificial intelligence, with some of these enhancements coming out of bank collaborations.
Personnel File
From new VPs to fresh project managers, see who’s been hired, promoted and honored: it’s The Personnel File.
From Headmaster to Head of $2B Bank
When Michael Welch became CEO of UniBank, he had no banking experience. Two years later, the lender has now crossed the $2 billion threshold in assets and is eyeing continued growth.
Community Banks Keep Pace with Payments
2020 has brought opportunities for local lenders to showcase their payments-processing products to business customers who might be lured away by larger, national competitors.
Burden of Financial Education Falls on Families – and Their Bankers
For fintech firms, as well as community banks and credit unions, providing products and services to young children and teenagers opens up opportunities to address financial literacy and create long-term benefits for consumers and communities.
Personnel File
From new VPs to fresh project managers, see who’s been hired, promoted and honored: it’s The Personnel File.
Community Good Works
From food pantry donations to charity license plate sponsorships, local lenders gave back to their communities in many ways in recent weeks.
Framingham Multifamily Project Lands $47M Loan
A proposal to convert a former shoe factory in Framingham to 258 market-rate and affordable apartments has landed construction financing.
Personnel File
From new VPs to fresh project managers, see who’s been hired, promoted and honored: it’s The Personnel File.
Personnel File
Members of the banking and real estate industries have been on the move. See who’s been hired and who’s been promoted in this week’s Personnel File!
Personnel File
Members of the banking and real estate industries were on the move recently. See who’s been hired and promoted in this week’s Personnel File.
Personnel File
Who’s been promoted? Who’s been hired? Find out in the latest installment of Banker & Tradesman’s Personnel File.
Community Good Works
Members of the banking, real estate and construction industries gave back to their communities in many ways recently, from hundreds of thousands in donations to their own time and labor.
