News Topic: Connecticut

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

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

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

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

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

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

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

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

The Connecticut company, which will top that asset milestone when it buys United Financial, says it could buy more banks in coming months. ... Read full article

The Connecticut company will add heft in its home state and Massachusetts when it buys the former mutual. ... Read full article

The Connecticut bank, which has been unable to complete a pending deal for an SBA platform, has managed to build the business anyway. ... Read full article

Rheo Brouillard, the head of SI Financial, finally had a solid offer in hand after more than two years of searching for a buyer. But the resignation 10 days later of the man who made him that offer — Berkshire Hills’ Michael Daly — sent Brouillard ... Read full article

John Ciulla, one year in as CEO of Webster Financial, discusses how he is preparing for the next downturn, picking his spots in tech spending, and remaining cautious about M&A. ... Read full article

At a FASB meeting Monday on proposed changes to the accounting standard, its critics will be given a platform. ... Read full article

Executives at Key pushed back against doubts over a deal for Laurel Road Bank’s digital lending platform so late in the credit cycle, arguing that its customers are prime borrowers with high incomes. ... Read full article

The online platform, created by Laurel Road Bank in 2013, allows users to refinance student loans and originate mortgages. ... Read full article

The tricky part: raising awareness without appearing to take advantage of borrowers at a time when agencies like the SBA are out of commission. ... Read full article