News Topic: Massachusetts

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Chris Hendry has served on the credit union's board but has spent his career in health care and philanthropy. He said many of his skills are easily transferable, including a focus on marketing and community engagement. ... Read full article

Joseph Lajoie has succeeded Pamela Mello, who stepped down last month after more than five years in charge. ... Read full article

A bill updating the commonwealth's credit union act, signed into law on Jan. 12, is said to be the most comprehensive update of the state charter in 30 years. ... Read full article

Chris Hendry has been appointed president and CEO of the Fitchburg, Mass.-based institution, having served the credit union in a volunteer capacity since 2014. ... Read full article

Neil Gordon, a former executive at nearby Millbury Federal Credit Union, will take the helm next month. ... Read full article

Members of tiny Gloucester Municipal CU are set to vote early next year on whether to join Metro Credit Union. ... Read full article

Carla Rasetta is stepping down after a decade at the helm of the Massachusetts-based institution. ... Read full article

Andrea White, a former VP at Freedom National Bank, was named CEO of the Massachusetts-based credit union, the first time a woman has held that position. ... Read full article

Barbara Mahoney, who joined the credit union in 2003 as a human resources executive, will take over after John O’Brien retires next month. ... Read full article

Victories in Massachusetts earlier this week bring the Credit Union Legislative Action Council to a 96% success rate backing races in this election cycle. ... Read full article

The Massachusetts company is laying off more than 40 employees with a focus on people working in its retail banking operations. ... Read full article

Provident Bank was recast as BankProv to avoid confusion as it adds business lines and enters new markets. ... Read full article

Reading Cooperative Bank recently launched a program that aims to hire young Black and Hispanic adults from low-income communities. Its leaders say it’s part of a broad strategy to develop new pipelines of talent and better serve low-income communities. ... Read full article

Some states aren't waiting on the Federal Reserve to help with the historic hits to their budgets. Instead, they're working with a lender that they have a much longer history with: Bank of America. ... Read full article

In blue states in particular, governors and attorneys general are taking up the mantle of consumer protection during the coronavirus emergency, effectively adding another layer of regulation to the patchwork of state and federal oversight. ... Read full article