Banking and Lending
Santander to Acquire Connecticut’s Webster Bank
By Sam Lattof | February 4, 2026 | Reprints | Unlock LinkThe 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
Aiming to Inspire the Next Generation
By Sam Lattof | January 29, 2026 | Reprints | Unlock LinkLynn 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.
M&T Bank Ends 2025 By Cleaning Up Loan Portfolio
By Sam Lattof | January 19, 2026 | Reprints | Unlock LinkM&T Bank cleaned up its loan portfolio in 2025. The bank told investors Friday morning that its provision for credit losses was $125 million in the fourth quarter, a 10.7 percent drop compared to the same period in 2024. M&T's provision for credit losses was...
Essex Bank Names New CEO
By James Sanna | January 14, 2026 | Reprints | Unlock LinkEssex Bank is promoting its chief operating officer to the corner office.
Banks Balk at Trump’s Requested 10 Percent Cap on Credit Card Rates
By Ken Sweet and Seung Min Kim | The Associated Press | January 13, 2026 | Reprints | Unlock LinkPresident 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 Economy and What to Watch for in 2026
By Christopher Rugaber | The Associated Press | January 7, 2026 | Reprints | Unlock LinkLast 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 Touts Turnaround Progress to Investors
By Sam Lattof | January 6, 2026 | Reprints | Unlock LinkPatriot Bank touted its achievements in a recent letter to investors and argued is expecting more success in 2026 after a bruising few years.
PeoplesBank’s President Wants to Keep Growing
By Sam Lattof | December 11, 2025 | Reprints | Unlock LinkPeoplesBank 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.
Webster Bank Subsidiary Buys Washington-Base Emergency Savings Provider
December 10, 2025 | Reprints | Unlock LinkHSA Bank, a division of Stamford-based Webster Bank last week announced that it has acquired SecureSave.
PeoplesBank’s President Named to CT Bankers Association Board
By Sam Lattof | December 2, 2025 | Reprints | Unlock LinkThe Connecticut Bankers Association members unanimously elected the association’s officers and board members for the 2025-2026 term
Members Approve CrossPoint Federal Credit Union Merger With Nutmeg State Financial Credit Union
By Sam Lattof | December 1, 2025 | Reprints | Unlock LinkMembers of CrossPoint Federal Credit Union have approved a merger with Nutmeg State Financial Credit Union.
Most Fed Officials Back Rate Cuts. Just Not Necessarily in December
By Christopher Rugaber | The Associated Press | November 24, 2025 | Reprints | Unlock LinkA majority of Federal Reserve policymakers expressed support in late October for further interest rate cuts.
From Big-Bank Firefighter to Community Bank Strategist
By Sam Lattof | November 14, 2025 | Reprints | Unlock LinkIn 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.
‘No Hire’ Job Market Leaves Many in Limbo
By Christopher Rugaber | The Associated Press | November 10, 2025 | Reprints | Unlock LinkWhile 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.
Banks, Retailers Run Short on Pennies as Mint Ceases Production
By Ken Sweet | The Associated Press | November 5, 2025 | Reprints | Unlock LinkPresident Donald Trump’s decision to stop producing the penny earlier this year is starting to have real implications for the nation’s commerce.
Parent Company of BankHometown Acquires Mass.-Based Bank
By Sam Lattof | November 3, 2025 | Reprints | Unlock LinkHometown Financial Group, parent company of bankHometown, has completed its acquisition of Colonial Federal Savings Bank.
Fiserv Slashes Guidance, Shuffles Leadership After Big Earnings Miss
By Matt Ott | The Associated Press | November 3, 2025 | Reprints | Unlock LinkFiserv 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.
Regional Banks’ Bad Loans Spark Concern on Wall Street
By Ken Sweet | The Associated Press | October 21, 2025 | Reprints | Unlock LinkWall 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 Banks See Big Jump in Profits
By Ken Sweet | The Associated Press | October 17, 2025 | Reprints | Unlock LinkWall 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.
A Branch for Today’s Bankers
By Sam Lattof | October 16, 2025 | Reprints | Unlock LinkOriginally 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.





