Massachusetts

Massachusetts assembles fintech panel after crypto crackdown

03/07/19

Digital-asset companies will try to develop a less adversarial relationship with the state's securities regulator, who stopped several startups from selling digital currencies as investments.

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HarborOne in Mass. plans second-step conversion

03/05/19

The former credit union will shed its mutual status when it becomes a fully stock-owned company.

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Hometown strikes again with deal for Mass. thrift

02/27/19

Hometown, which agreed to buy Millbury Savings Bank, has already completed one acquisition this year and has another pending.

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Serial acquirer's new chief is taking a break from bank deals

02/22/19

Richard Marotta, who became Berkshire Hills' CEO after his predecessor's abrupt resignation, says his top priorities are squeezing more profit from existing operations and improving corporate culture.

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Inside the bank deal that survived after a CEO quit

02/12/19

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 scrambling.

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Massachusetts mutual gains executive talent with latest merger

02/06/19

Hometown Financial will merge Abington Bank into Pilgrim Bank. The combined bank will be run by Andrew Raczka, Abington's CEO.

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Loan growth offsets hits to 4Q fee income at Berkshire Hills

01/23/19

The Boston company reported a quarterly profit despite mortgage headwinds and lost SBA revenue tied to the partial government shutdown.

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How a congratulatory call on one bank deal led to another

01/03/19

Bob Mahoney, CEO of Belmont Savings, called Jack Barnes after People's United agreed to buy a Connecticut bank. The banks announced their own merger agreement five months later.

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Massachusetts lender sets lofty goal: Double in size in five years

12/28/18

HarborOne Bancorp — led by James Blake, one of our five community bankers to watch in 2019 — is a former credit union that recently made its first bank acquisition and has Boston and other markets in its sights.

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Berkshire Hills to enter Rhode Island with SI Financial purchase

12/12/18

The $180 million acquisition is the first for Berkshire since the sudden departure of CEO Michael Daly.

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