The number of Federal Reserve policymakers willing to consider an interest rate hike this year rose between the January and March meetings, as higher gas prices stemming from the Iran war threatened to worsen inflation in the coming months.
American Eagle Financial Credit Union is entering a new digital era, but remains focused on being involved in the community, says Chief Strategy and Revenue Officer Brian Kennedy.
Prospective homebuyers who have invested in certain cryptocurrencies will be able to use their holdings as collateral to fund their down payment on a home as part of a new mortgage offering.
Customers at what used to be Berkshire Bank locations will notice the new physical and digital look of their banking institution the next time they visit.
Bank philanthropy can feature a lot of standing next to oversized checks. PeoplesBank Chief Administrative Officer Amy Roberts and her colleagues are putting in the hard work, as well.
One year after the Trump administration took control of the Consumer Financial Protection Bureau, the consumer watchdog has largely retreated from enforcement and regulatory work, changes that consumer advocates and Democrats now estimate have cost Americans at least $19 billion in financial relief.
The deal makes Santander’s Boston-based U.S. franchise a top-10 retail and commercial bank in the U.S. by assets and a top-five deposit franchise across the Northeast
Lynn Giroux has spent over 20 years at Essex Bank in a half-dozen different departments before being named the bank’s brand-new president and CEO.
Essex Bank is promoting its chief operating officer to the corner office.
President Donald Trump wants a one-year, 10 percent cap on credit card interest rates, a move that could save Americans tens of billions of dollars but drew immediate opposition from industry.
Last year’s odd outcomes raise a host of questions for the upcoming year: Will a growing economy eventually boost the sluggish job market? Or are last year’s weak job gains a sign of a stumbling economy that could get worse?
Patriot Bank touted its achievements in a recent letter to investors and argued is expecting more success in 2026 after a bruising few years.
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.
