Massachusetts

HarborOne in Mass. lines up its first ever bank acquisition

03/14/18

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

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Salem Five expands insurance operations with agency purchase

03/09/18

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

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

02/28/18

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

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Eastern Bank readies reboot of successful tech lab

02/23/18

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.

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

02/22/18

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.

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The perks and pitfalls of speaking out on social media

02/20/18

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.

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

02/09/18

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

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Community bankers fear big-bank cafes will eat their lunch

02/08/18

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.

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HarborOne expands New England mortgage business with latest acquisition

01/31/18

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

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The community outreach tool that might be creating future bankers

01/29/18

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.

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