Technophobes vs. technophiles: Community bankers divided on digital
Fill a room with bankers and you'll hear a wide range of views on technology's role in their business. ... Read full article
Fill a room with bankers and you'll hear a wide range of views on technology's role in their business. ... Read full article
Auto lenders would be well advised to keep up their guard as states — particularly blue ones — take steps of their own to crack down on what they see as abusive practices. ... Read full article
Green Apple Bank & Trust, which recently filed an application with regulators, plans to open in the western part of the state by the end of this year. ... Read full article
The Boston-area bank will add branches near New Hampshire after buying the cooperative bank. ... Read full article
The state’s banking regulator said that the online consumer lender made over 46,000 small loans to Bay State consumers without a license. The company surrendered its license to the state regulator as part of a 2011 consent order. ... Read full article
Only North Dakota has its own state-owned bank, but policymakers in other states say more public banks are necessary to fully meet society's needs. Among those who proponents say would benefit the most: small-business owners and legal marijuana ... Read full article
The company's planned purchase of Coastway Bancorp in Rhode Island makes sense since both institutions used to be credit unions. ... Read full article
The mutual has agreed to buy Cape Ann Insurance, which specializes in personal insurance products. ... Read full article
Kathleen Henry and Steven Antonakes have been named to the bank's management committee. ... Read full article
The Boston mutual, which lost its innovation team when it spun off Numerated last year, has hired a State Street executive to oversee a plan to encourage all employees to be more creative. ... Read full article
With the state only months away from allowing the sale of pot for recreational use, its top cannabis regulator is urging policymakers to consider creating a public bank to provide services to growers and dispensaries that might otherwise have nowhere else ... Read full article
Bob Rivers, CEO of Eastern Bank, was praised and criticized after he called out a Boston sports radio station whose on-air personalities made insensitive remarks. The incident underscores why bankers must be mindful about the positions they take. ... Read full article
Cambridge Bancorp in Massachusetts is looking to prove to entrepreneurs that it is in the business for the long haul. ... Read full article
Capital One has been rolling out coffee shops where it can offer banking services — but are not considered branches. The cafes have been especially effective at gathering deposits, putting more pressure on community banks that have already been losing ... Read full article
The Massachusetts bank — and former credit union — bought Cumberland County Mortgage in Maine. ... Read full article
Scholarship programs for high schoolers and college students can also promote banking as a viable career option and serve as a channel for bringing in new business. ... Read full article
The new tax law took a one-time bite out of fourth-quarter results, but higher rates strengthened yields and new business boosted fee income. ... Read full article
BNY Mellon plowed some of its tax law savings into restructuring efforts. ... Read full article
The Boston mutual touted Deborah Jackson's role in promoting social justice and sustainability causes. ... Read full article
Attorney General Jeff Sessions’ decision to rescind an Obama-era directive that helped foster the marijuana sector’s growth raises new risks for banks and credit unions that do business with growers and dispensaries. ... Read full article