Massachusetts

Apprenticeships at center of Massachusetts bank's diversity push

06/30/20

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.

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BofA lending to states that don't want to wait on Fed

04/16/20

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.

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Amid pandemic, state elected officials become de facto bank regulators

04/12/20

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.

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Massachusetts mutual taps insider as its next chief

03/13/20

Jonathan Dowst will become president in July and CEO a year later.

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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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Bristol County Savings expanding in R.I. with Freedom purchase

01/16/20

The Massachusetts savings bank will gain branches in two communities as part of the acquisition.

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Looking back at 2019's community bankers to watch

12/23/19

One found a buyer, another announced plans to retire, and others took steps to reinvent their banks.

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Cambridge Financial in Mass. to buy neighboring cooperative bank

12/19/19

The company will pay about $58 million in cash for Melrose Bancorp.

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Cambridge Bancorp adding to Boston operations with Wellesley deal

12/05/19

The company will pay $122 million for six branches and nearly $1 billion in assets.

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