A Bridgeport man with a criminal record has been sentenced to life in prison for robbing two banks in Milford and Woodbridge at gunpoint of more than $100,000.

Applications for home mortgages nationwide fell last week, after a sharp bounce the week before, as refinance demand dropped and interest rates rose, an industry group said on Wednesday.

The now-defunct Constitution Corporate Credit Union will have to wait a little while longer for its day in court, according to the National Credit Union Administration (NCUA).

Connecticut businesses that were affected by the severe storm and tornado last June have just one month left to apply for Small Business Administration (SBA) working capital loans.

Naugatuck Savings Bank recently opened a new branch office at 2989 Whitney Ave. in Hamden.

Dissatisfaction with Bank of America’s customer service is leading the town of New Hartford to move its bank accounts to Winsted-based Northwest Community Bank.

Foreclosure filings in the Nutmeg State fell by more than a third in May, according to a recent report from real estate data firm RealtyTrac.

Waterbury-based Webster Bank, a subsidiary of Webster Financial Corp., will be closing a further half dozen more branches, after shuttering five earlier this year.

Webster Bank and Fairfield County Bank have been ranked first and second, respectively, in the state for loan volume of 7a loans after six months of the fiscal year, according to the U.S. Small Business Administration (SBA).

Connecticut’s crop of newly appointed bank CEOs don’t think much of kids these days. Not that the bankers dislike the generation – they just aren’t eager to have its business. Not yet, anyway.

At New England Bank, we recognize that as a community bank, small businesses are our core business client.

There\’s good news for borrowers from the U.S. Small Business Administration (SBA). Over the past two years, the SBA has added products and increased loan amounts. An estimated 97 percent of businesses in the United States are now eligible for SBA loans.

“What are you waiting for? It\’s not going to fix itself.” Over the years, haven\’t we all heard some version of that from someone?

Bankers, fighting to survive the economic crisis, may not have had time to notice a new fire smoldering and about to burst into flame – the demand for additional capital.