Massachusetts

Serial acquirer bound for Boston pivots to branching

10/25/19

Hometown Financial, which completed three acquisitions this year, is considering branch openings for a push into the city.

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Cape Cod Five Cents creates co-president roles

10/01/19

Dorothy Savarese will remain the Massachusetts thrift's chairman and CEO.

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Small-dollar loan formula eludes banks, credit unions

09/26/19

Their challenge is creating a viable, profitable product that doesn't get flagged for being predatory.

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Berkshire Hills discloses issue with commercial loan

09/23/19

The Boston company said the loan participation went into default due to potentially fraudulent activity.

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Mutual in Massachusetts lays groundwork for buying spree

08/30/19

Joseph Campanelli, CEO of Needham Bank, wants to be ready to scoop up mutuals struggling with rising costs and yield curve challenges.

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Inside Berkshire's ambitious diversity campaign

08/29/19

Malia Lazu, a former community organizer, is overseeing a cultural shift at the Boston company that includes a new program designed to make more loans to minorities.

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People’s United has no intention of stopping at $50 billion

07/16/19

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

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People's United to cross $50B in assets with United Financial deal

07/15/19

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

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Wilmers' legacy of civic advancement honored with yearly prize

07/09/19

The Hancock Shaker Village, with help from banks and other professional groups, established an award named after the late chairman and CEO of M&T Bank.

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Using AI to find the ideal branch location

06/07/19

Paramount Financial Technologies says its software can help banks answer key questions about their branch networks, including when it makes sense to expand them.

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