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First County Bank CEO Retiring

First County Bank CEO Retiring

by Sam Lattof | Jul 30, 2025 | Banking & Lending, CR Daily, Industry News

First County Bank CEO Robert J. Granata will retire in July 2026.

Federal Reserve Likely to Stand Pat On Rates This Week, Deepening the Gulf Between Powell and Trump

Federal Reserve Likely to Stand Pat On Rates This Week, Deepening the Gulf Between Powell and Trump

by The Commercial Record | Jul 30, 2025 | Banking & Lending, CR Daily, Industry News

The Federal Reserve is expected to leave its short-term interest rate unchanged on Wednesday for the fifth straight meeting.

Sikorsky Credit Union Plans New Branch in Fairfield

by Sam Lattof | Jul 29, 2025 | Banking & Lending, CR Daily, Industry News

Currently in the design phase, Sikorsky Credit Union plans a new branch opening in Fairfield in 2026.

State Rep. Joins Westport Commercial Real Estate Firm

State Rep. Joins Westport Commercial Real Estate Firm

by Steve Adams | Jul 28, 2025 | Comings & Goings, Commercial & Industrial, CR Daily, Executive Briefing

A state legislator is joining Westport-based Charter Realty as its newest broker as it expands its landlord and tenant representation services in Connecticut.

Pokemon Tower Designed by New Haven Architects Reaches Completion

Pokemon Tower Designed by New Haven Architects Reaches Completion

by Steve Adams | Jul 28, 2025 | Commercial & Industrial, CR Daily, Industry News

A 25-story office tower designed by New Haven-based architects Pickard Chilton is raising the bar for high-end workplaces.

Bridgeport Ranks #5 in Home Sale Profit Growth

by Sam Lattof | Jul 28, 2025 | Industry News, Residential Real Estate

Single-family home sales continue to rake in profits for sellers, with the metro Bridgeport area in the top five.

Hartford Suburbs, Fairfield County Downtowns Lead Office Leasing Activity

Hartford Suburbs, Fairfield County Downtowns Lead Office Leasing Activity

by Steve Adams | Jul 25, 2025 | Commercial & Industrial, CR Daily, Industry News

Office tenants gravitated toward suburban leases in Hartford County this spring, while Fairfield County’s downtown districts continue to attract the highest rents and demand.

OpenAI Exec Warns of AI Voice Fraud Crisis in Banking

OpenAI Exec Warns of AI Voice Fraud Crisis in Banking

by The Associated Press | Jul 24, 2025 | Banking & Lending, CR Daily, Industry News

The financial industry faces a “significant impending fraud crisis” because of the technology’s ability to bypass security checks and move money, Sam Altman said.

New Haven Waterfront Development Gets Brownfields Grant

New Haven Waterfront Development Gets Brownfields Grant

by James Sanna | Jul 24, 2025 | Commercial & Industrial, CR Daily, Industry News

A New Haven development will get a leg up from state officials.

Lamont Helps Break Ground on Major Upgrade to Waterbury Train Line

Lamont Helps Break Ground on Major Upgrade to Waterbury Train Line

by The Commercial Record | Jul 23, 2025 | Commercial & Industrial, CR Daily, Industry News

It’s part of a larger, $140 million Lamont administration plan to modernize the entire Metro-North Waterbury Branch Line and spur downtown redevelopment.

Developer Details Enfield Mass Mutual Campus Redo

Developer Details Enfield Mass Mutual Campus Redo

by James Sanna | Jul 22, 2025 | Commercial & Industrial, CR Daily, Industry News

Demoing out the core of an office building. Filling the cores of two more with storage units and a fitness center. Replacing parking lots with duplexes.

More Americans Shift Money from Savings to Investment Accounts, Study Says

by The Associated Press | Jul 22, 2025 | Banking & Lending, CR Daily, Industry News

New research identifies a trend that helps to explain the resilience of the U.S. economy after a bout of high inflation and recent uncertainty due to tariffs.

Hartford Offices Clock Best Quarter for Leasing in Two Years

Hartford Offices Clock Best Quarter for Leasing in Two Years

by James Sanna | Jul 18, 2025 | Commercial & Industrial, CR Daily, Industry News

Greater Hartford office tenants leased nearly 274,000 square feet of space in the second quarter, more than double the average over the last two years.

Employees Say Consumer Watchdog Now Toothless

Employees Say Consumer Watchdog Now Toothless

by The Associated Press | Jul 18, 2025 | Banking & Lending, CR Daily, Industry News

CFPB employees say they have been forbidden from doing any work by directive from the White House. Some bankers had accused the agency of overreach.

The Property Insurance Conundrum

by Lew Sichelman | Jul 17, 2025 | CR Daily, Industry News, Opinion, Residential Real Estate

Recent storms highlight just how few Americans go without homeowners’ insurance – 1 in 7 – and how nearly everyone does without flood insurance.

A CFO Looking for Opportunity in an Uncertain Time

A CFO Looking for Opportunity in an Uncertain Time

by Sam Lattof | Jul 17, 2025 | Banking & Lending, CR Daily, Industry News

Jeffrey Culp, the first occupant of Liberty Bank’s new deputy CFO role, is looking for avenues where the bank can scale upwards despite the uncertainty currently buffeting the U.S. economy.

Developer Pitches 90 Apartments in Place of Fairfield Restaurant

Developer Pitches 90 Apartments in Place of Fairfield Restaurant

by James Sanna | Jul 16, 2025 | Commercial & Industrial, CR Daily, Industry News

A pair of properties near Fairfield’s second Metro-North commuter rail station could become 90 new homes if city officials agree.

The Tariff-Driven Inflation that Economists Feared Begins to Emerge

The Tariff-Driven Inflation that Economists Feared Begins to Emerge

by The Associated Press | Jul 16, 2025 | Banking & Lending, CR Daily, Industry News

Inflation rose last month to its highest level since February as President Donald Trump’s sweeping tariffs push up the cost of everything from groceries and clothes to furniture and appliances.

Finex Credit Union Lures Mass. Banker to Be New CEO

by James Sanna | Jul 15, 2025 | Banking & Lending, CR Daily, Industry News

A longtime senior executive at a major Boston-area bank is decamping to East Hartford for his next career move.

JPMorgan Posts Strong Second Quarter Amid Tariff Warning

JPMorgan Posts Strong Second Quarter Amid Tariff Warning

by The Associated Press | Jul 15, 2025 | Banking & Lending, CR Daily, Industry News

CEO Jamie Dimon noted that plenty of risks to the U.S. economy remain, including trade uncertainty, geopolitical conflicts and federal government deficits.

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