PeoplesBank has made big investments in Connecticut recently: naming rights to the former XL Center and a new operations center in Hartford. But newly promoted CEO Brian Canina has more plans for future growth.
HSA Bank, a division of Stamford-based Webster Bank last week announced that it has acquired SecureSave.
The Connecticut Bankers Association members unanimously elected the association’s officers and board members for the 2025-2026 term
Members of CrossPoint Federal Credit Union have approved a merger with Nutmeg State Financial Credit Union.
A majority of Federal Reserve policymakers expressed support in late October for further interest rate cuts.
In a regulatory environment that constantly seems to be changing, Susan Andros says she is excited to being working at a community institution such as Ascend Bank.
While big corporate layoff announcements typically grab the most attention, it has been the unwillingness of many companies to add workers that has created a more painful job market than data would suggest.
President Donald Trump’s decision to stop producing the penny earlier this year is starting to have real implications for the nation’s commerce.
Hometown Financial Group, parent company of bankHometown, has completed its acquisition of Colonial Federal Savings Bank.
Fiserv shares careened to their lowest level in more than five years last week after the fintech payment company badly missed Wall Street’s profit targets.
Wall Street is concerned about the health of the nation’s regional banks, after a few of them wrote off bad loans to commercial customers in the last two weeks.
Wall Street had one of its most profitable quarters ever, if the earnings from four of nation’s biggest banks that reported Tuesday are to be believed.
Originally opened in 2007, Thomaston Savings Bank’s remodeled Middlebury branch reflects how Thomaston Savings does business today, Executive Vice President and COO Timothy Bergstrom says.
Thomaston Savings Bank announced it hosted a ribbon cutting ceremony for the grand reopening of their newly remodeled branch located at 1655 Straits Turnpike in Middlebury.
Torrington Savings Bank announced last week it’s promoted Michael Sweeney to chief commercial lending officer.
Using data from The Warren Group, The Commercial Record has ranked the 50 fastest-growing lenders in Connecticut of 2025.
Mortgage company BWE announced it originated a $35.3 million permanent loan for an assisted living facility in Fairfield.
Hoping that mortgage rates will keep dropping following the Federal Reserve’s first rate cut since last year? Don’t bank on it.
Some jobs have been lost and there have been dire forecasts about the future job market for these individuals, ranging from modest single-percentage point losses, to as many as half of all call center jobs going away in the next decade.
A new report says over half of Connecticut residents live in 9 percent of the state’s land, along existing transit corridors. Those areas have significant opportunities to add even more housing, the report concludes, when combined with areas with existing sewer infrastructure.
