Between mixed economic signals and president-elect Donald Trump’s statements that he wants greater control over interest rate policy, it’s up in the air what happens next.

KeyBank recently announced a $300,000 donation to a New Haven nonprofit that tries to combat food insecurity among the sick and elderly.

No one knows how Tuesday’s presidential election will turn out, but the Federal Reserve’s move two days later is much easier to predict: With inflation continuing to cool, the Fed is set to cut interest rates for a second time this year.

Small business banking customers are increasingly satisfied with the service they are receiving from banks and are confident that banks can meet their future needs.

The new owners of the bank fraud prevention fintech whose data breach put personal information about nearly 160,000 local Webster Bank customers online will pay a $500,000 fine, the Connecticut attorney general’s office announced.

The third quarter of 2024 was a successful one for Berkshire Bank as its net income increased $18 million year-over-year.

Cathy Velez, currently managing director of retail banking and deposit operations, will also be the bank’s new market president for the bank in Connecticut.

The Small Business Administration has run out of money for the disaster assistance loans it offers small businesses, homeowners and renters, delaying much needed relief for people applying for aid in the wake of the destruction caused by Hurricanes Helene and Milton.

The tough suburban office market has caught up with at least one Connecticut Bank.

Non-bank mortgage lender LoanSnap has lost its license to operate in Connecticut under a consent order from the state Department of Banking.

Local home flippers are out-earning their peers in other parts of the country, but their raw profits represent a much smaller share of their projects’ final sale prices.