The parent company of Boston-based Berkshire Bank has received all regulatory approvals and expects to close on its acquisition of the parent company of Willimantic-based Savings Institute Bank & Trust at the end of the business day tomorrow.
The strength of demand for homes in the Hartford area helped push one local loan originator into the top ranks of his colleagues statewide.
Start Community Bank has filed an application with the Connecticut Department of Banking to change its name to New Haven Bank.
Webster Bank scored about average, while People’s United fell to the lower end of banks in New England included in J.D. Power’s annual U.S. Retail Banking Satisfaction Study.
Brandon C. Lorey, executive vice president and head of consumer banking at Hartford-based United Bank, is leaving the company.
Small lenders could be looking at some relief from changes to the Home Mortgage Disclosure Act that went into effect at the beginning of the year.
People’s United Bank partner Numerated is one of the most successful fintech firms out there, in two years doubling its workforce, signing 11 banks onto its platform, tripled its revenue on an annual basis. The genius behind the company is Founder and CEO Dan O’Malley.
The parent company of Berkshire Bank is planning to sell off one of its mortgage subsidiaries and exit other non-strategic, non-relationship types of lending, as part of a broader strategic review the company began earlier this year.
Westfield Bank is planning to double the number of branches it has in Connecticut.
Despite a very profitable quarter, analysts pressed Webster Bank executives on the sustainability of its health savings accounts business, specifically as lawmakers consider the future of health care.
The parent company of Hartford-based United Bank reported another profitable quarter to start the year, but major losses could be coming.
With expensive investments in its future, Dodd-Frank regulations to comply with and a sluggish state economy offering few prospects for growth, Simsbury’s board decided to take Liberty Bank’s $71 million offer.
Total consumer debt among all Americans grew $15.2 billion in February, a slower rate than growth in January, according to recent data from the Federal Reserve.
Savings Bank of Danbury is celebrating its 170th year in business. President and CEO Martin Morgado credits these achievements to the organization’s constant focus on its core mission and vision of “people serving people.”
The parent company of People’s United Bank has closed on its merger of the parent company of Massachusetts-based Belmont Savings Bank.
Middletown-based Liberty Bank is expanding its presence into new communities in the Hartford area with a new merger.
We’ve compiled the top 10 mortgage lenders among Connecticut’s credit unions, banks and mortgage companies, ranked by number of loans and loan volume in several origination categories. Was your bank, credit union or mortgage company a Top Lender in 2018?
Since taking over at the end of last year, Berkshire Bank’s President and CEO Richard Marotta has made it clear he wants to focus on workplace culture, diversity and inclusion.
With former CEO Michael Daly’s departure now months in the past, the new path forward for Berkshire Bank is starting to get more clear.
When the Federal Reserve began paying interest on reserves, James McAndrews saw an unmet demand in the institutional investor marketplace for a safe deposit service that would pay a more competitive interest rate. From this has sprung McAndrews’ latest venture, TNB USA Inc.
