HarborOne in Mass. lines up its first ever bank acquisition


The company's planned purchase of Coastway Bancorp in Rhode Island makes sense since both institutions used to be credit unions.


Salem Five expands insurance operations with agency purchase


The mutual has agreed to buy Cape Ann Insurance, which specializes in personal insurance products.


Eastern in Mass. elevates roles of general counsel, risk management exec


Kathleen Henry and Steven Antonakes have been named to the bank's management committee.


Eastern Bank readies reboot of successful tech lab


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.


In Massachusetts, a call for a public bank to serve pot firms


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 to bank.


The perks and pitfalls of speaking out on social media


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.


Lasting commitment is this bank's selling point for tech startups


Cambridge Bancorp in Massachusetts is looking to prove to entrepreneurs that it is in the business for the long haul.


Community bankers fear big-bank cafes will eat their lunch


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 deposits to their larger rivals.


HarborOne expands New England mortgage business with latest acquisition


The Massachusetts bank — and former credit union — bought Cumberland County Mortgage in Maine.


The community outreach tool that might be creating future bankers


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.