Connecticut

Webster discloses plan to cut tenth of annual expenses

10/23/20

The Connecticut company, which began reviewing its operations in January, said the effort gained momentum when the coronavirus pandemic hit.

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Patriot National hires outsider as next leader

07/13/20

The Connecticut company recruited Robert Russell from Millington Bank to become its president and CEO.

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Activist investor to join Bankwell's board

02/06/20

The Connecticut company will appoint Lawrence Seidman to become a director at its next annual meeting.

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Provident in Massachusetts buys warehouse lending business

01/22/20

The company acquired ResX Warehouse Lending from People's United Financial.

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Why this regional bank is dumping N.Y. multifamily loans

01/17/20

People's United in Connecticut is letting the loans run off its books as it invests in higher-yielding commercial loans.

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Rhode Island mutual to gain Connecticut branches via acquisition

10/22/19

Centreville Bank will pay $116 million in cash for PB Bancorp.

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FASB unanimously approves CECL delay for most lenders

10/16/19

The accounting board delayed implementation for the majority of banks and credit unions until 2023.

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Emboldened by CECL delay, industry seeks repeal

07/17/19

After FASB's decision to give most banks extra time to prepare, lobbying groups are pushing for more.

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