Loan Growth Boosts Enterprise’s, HarborOne’s Earnings
Loan growth in a rising rate environment helped drive earnings at several Massachusetts stock banks.
Westfield Bank Sees Little Change in Third Quarter Earnings
Westfield Bank, which has branches in Western Massachusetts and Northern Connecticut, saw year-over-year earnings remain mostly unchanged in the third quarter.
CRE Loans Keep Mass. Banks Growing into 2022
Commercial real estate loans helped drive growth at several local banks in 2021 as the industry moved away from Paycheck Protection Program lending in the second half of 2021.
Former Chicopee Savings Bank CEO Dies at 75
William J. Wagner, the long-time CEO at Chicopee Savings Bank, died on Christmas Day at age 76. Wagner had retired from Chicopee Savings’ successor, Westfield Bank, about six weeks before his death.
Westfield Bank to Buy Former United Bank Branch in Huntington
Weeks after news that the only bank in the western Massachusetts town of Huntington – an ex-United Bank branch – would close, People’s United Bank announced last week it planned to sell the building to Westfield Bank.
Since Completing Merger, Growth At Western New England Bancorp Flat
Since completing the merger of Chicopee Savings Bank into Westfield Bank last December, becoming the largest headquartered bank in Hampden county, total assets for holding company Western New England Bancorp have barely moved, growing just $10 million between Dec. 31, 2016, and the end of the third quarter.
