M&T Bank Adds Branch in ‘Important’ CT Market
M&T Bank recently added a branch in Torrington, a location that M&T Bank’s retail market manager for Northern Connecticut describes as an “important” market.
Sales Up in Greater Hartford According to Zillow Report
Home sales numbers are down across the nation, but in Greater Hartford, they’re actually increasing, according to a new report.
First County Bank Looks to the Future
First County Bank recently celebrated its 175th anniversary and the bank remains committed to serving customers in Fairfield County. Now, under a new CEO, it’s looking to its next years ahead.
M&T Bank Opens Torrington Branch
The 2,400-square-foot freestanding branch features teller assistance, a drive-thru, a walk-up ATM, and private offices for financial consultations.
American Eagle Financial CU Launches Short-Term Lending Product
American Eagle Financial Credit Union has added a new short-term lending product, called “CashPlease,” aimed at helping members get through unexpected expenses.
High Mortgage Rates, Low Inventory Strain CT’s Fall Housing Market
While inventory typically rises in the fall, the latest data shows little growth amid economic uncertainty and persistently high mortgage rates.
Revolut Says It’s Excited to Come to CT
After building a customer base in Europe, the fintech landed approval to open a U.S. bank based in Stamford.
Revolut Receives OCC Approval for Bank with Stamford HQ
The fintech Revolut has received conditional approval from the U.S. Office of the Comptroller of the Currency to set up a bank to be headquartered in Stamford.
How KeyBank Wants to Compete in CT’s Business Banking Space
After taking a break from working at large banks, Mark Williams is joining KeyBank to lead the Ohio-based regional bank’s New England business banking efforts.
Connecticut Boasts Lowest Home Vacancy Rates in Nation
Connecticut is home to some of the lowest home vacancy rates in the nation, according to a new report from ATTOM.
KeyBank Names New England Business Banking Market Leader
KeyBank has named Mark Williams as its new New England business banking market leader.
Families Struggling to Afford Rent in Hartford
Greater Hartford families with children are more rent-burdened than the overall rental population, according to a new report from Zillow’s economists analyzing census data.
Connecticut Pending Sales Tick Upwards in July
After a slow start to the year, pending sales of single-family homes in Connecticut saw a slight increase as year-to-date sales remain marginally down.
How Essex Savings Bank Chose Its New CEO
Essex Bank is heading into a new era with a new president and CEO. The process of getting there was not a sprint, says the bank’s board chair, Doug Paul.
American Eagle FCU Is Turning Interchange Fees into Donations
American Eagle Financial Credit Union isn’t just handing out checks. It is using its card products as a way to give back to the community, says Chief Community Officer Simeon Chapin.
New Listings Aiding Connecticut Market While Inventory Lags Behind
The Connecticut housing market was able to add listings to the market in June, bringing inventory to near parity with where it was this time last year.
Under the Hood of PeoplesBank’s Innovation Engine
PeoplesBank is not looking to be your average community bank, says Chief Operating Officer Aleda DeMaria.
Patriot Bank OCC Enforcement Actions End
Patriot Bank is now free from enforcement actions initiated by The Office of the Comptroller of the Currency and says it wants to grow its assets by around $700 million.
What Powered Connecticut’s Top LOs?
Every year, the Commercial Record analyzes mortgage data to identify the state’s top loan originators. In a tough market, what helped them beat their competitors? One bank’s experience offers clues.
CT Luxury Home Prices Pricing Outperforming Non-Luxury Homes
Luxury homes are seeing prices increase at a greater rate than non-luxury homes across the country, according to a new report from Redfin. The Connecticut luxury market is showing similar trends.
