Banking and Lending
More Fed Officials See Possible Rate Hikes This Hear, Minutes Show
By Christopher Rugaber | The Associated Press | April 13, 2026 | Reprints | Unlock LinkThe 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.
Taking a Household Name into the Digital Age
By Sam Lattof | April 2, 2026 | Reprints | Unlock LinkAmerican 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.
Better Home & Finance, Coinbase to Offer Crypto-Backed Mortgages
By Alex Veiga | The Associated Press | March 31, 2026 | Reprints | Unlock LinkProspective 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.
Berkshire Bank Branches Rebranded as ‘Beacon Bank’ Locations
By Sam Lattof | February 18, 2026 | Reprints | Unlock LinkCustomers 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.
Volunteering to Be Top of Mind
By Sam Lattof | February 12, 2026 | Reprints | Unlock LinkBank 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.
Trump Changes to CFPB Cost Americans $19B, Report Says
By Ken Sweet | The Associated Press | February 11, 2026 | Reprints | Unlock LinkOne 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.
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.





