Massachusetts

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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Cambridge snags first N.H. branches with Optima acquisition

12/06/18

The Massachusetts bank has offered wealth management services in the state for several years.

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People’s United’s plan to bulk up in Boston: Target tech firms

11/28/18

The Bridgeport, Conn., company is developing a specialty in banking technology businesses. Like so many other small regionals with ambitious growth plans, it faces a tricky balancing act: how to take creative risks without getting in over its head.

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Berkshire Hills employees sent a secret letter weeks before CEO exit

11/27/18

Michael Daly's resignation may have been precipitated by an anonymous letter last month describing the workplace as “toxic” and in dire need of change.

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People's United adds to Boston operations with BSB purchase

11/27/18

The Connecticut regional bank will pay $327 million for the parent of Belmont Savings Bank.

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Berkshire Hills CEO abruptly resigns

11/26/18

Michael Daly had been the Boston company's president and CEO since 2002. The company provided no reason for his departure.

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HarborOne in Mass. hires former Santander exec to run retail banking

11/15/18

Brenda Kerr will be responsible for creating a strategy for the bank's retail operations.

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