Industry News
How Essex Savings Bank Chose Its New CEO
By Sam Lattof | August 13, 2026 | Reprints | Unlock LinkEssex Bank is heading into a new era with a new president and CEO. The process of getting there was not a sprint, says the bank’s board chair, Doug Paul.
Ion Bank Seeks Comment on Planned Merger
By James Sanna | August 12, 2026 | Reprints | Unlock LinkIon Bank has formally filed with Massachusetts bank regulators to merge with a Boston-based bank, and is seeking public comment on the deal.
Adults Using AI for Financial Help, But Few Trust It
By Adriana Morga | The Associated Press | August 10, 2026 | Reprints | Unlock LinkSome U.S. adults are using artificial intelligence for financial guidance, but it’s far from the most trusted source of advice, according to a new Gallup survey conducted in partnership with Edward Jones, a financial services firm.
Giroux Takes Helm at Essex Bank
August 7, 2026 | Reprints | Unlock LinkEssex Bank has completed its succession plan as its board of directors formally named Lynn Giroux to succeed retiring President and CEO Diane Arnold.
Most Buyers Up for a Cash Payback
By Lew Sichelman | August 6, 2026 | Reprints | Unlock LinkIf you purchased a property that was listed on any multiple listing service and paid a commission to a real estate agent, you may be entitled to a cash payment – albeit a small one.
The Fixed-Rate Mortgage Myth Agents Need to Stop Spreading
By Bernice Ross | Special To Commercial Record | August 6, 2026 | Reprints | Unlock LinkFor decades we have trained our agents and consumers to believe that if you have a fixed-rate mortgage, your monthly loan payment will not change.
Santander Gets OK to Buy Webster Bank
By James Sanna | August 5, 2026 | Reprints | Unlock LinkAfter months of waiting, a Spanish multinational bank has secured regulators’ approval to buy the biggest Connecticut-based bank.
Waterford Ex-Airport Rezoned for Big Housing Development
By James Sanna | August 4, 2026 | Reprints | Unlock LinkSaying that attempts to lure industrial development to a big parcel just off Interstate 95 had failed, town officials in Waterford rezoned the area for more housing last week.
CT Realtors Back Lamont for Governor
By James Sanna | August 3, 2026 | Reprints | Unlock LinkWith Gov. Ned Lamont facing reelection this fall, he can count on the backing of organized real estate.
PHOTOS: Waterfront Luxury Apartments Set to Open in Bridgeport
By James Sanna | July 31, 2026 | Reprints | Unlock LinkWhat many once considered a pipe dream is finally opening in Bridgeport – within walking distance to its Metro-North train station. The August, a 420-unit luxury waterfront apartment building in the city's Steelpointe section, is scheduled for a grand opening Aug. 6....
Most Mortgage Borrowers Pay Too Much
By Lew Sichelman | July 30, 2026 | Reprints | Unlock LinkEven if you shopped for the lowest mortgage rate you could find, you may be paying more than necessary – simply because you didn’t know lower rates existed.
American Eagle FCU Is Turning Interchange Fees into Donations
By Sam Lattof | July 30, 2026 | Reprints | Unlock LinkAmerican Eagle Financial Credit Union isn’t just handing out checks. It is using its card products as a way to give back to the community, says Chief Community Officer Simeon Chapin.
Train Upgrades Would Cut 25 Minutes from NYC-New Haven Trip
By James Sanna | July 29, 2026 | Reprints | Unlock LinkThe state of Connecticut broke ground Monday on a nine-year project to rebuild Metro-North’s route between New York City and New Haven.
Windsor Eyes Incentives for Office Conversions
By James Sanna | July 28, 2026 | Reprints | Unlock LinkOfficials in the town of Windsor are looking at a new way to try and shed the dead weight on their tax rolls.
Hartford Has Tightest Housing Market in America: Report
July 27, 2026 | Reprints | Unlock LinkGreater Hartford is in a “peak seller’s” market, listings portal Realtor.com’s economists said, with the tightest market conditions of America’s 100 largest metro areas in the second quarter of 2026.
Big Spinnaker Project Gets $6M in Tax Help from New London
By James Sanna | July 24, 2026 | Reprints | Unlock LinkA Spinnaker Real Estate Partners proposal for waterfront apartments in New London faces over $14 million in “extraordinary costs.” Luckily for the developer, city leaders are sympathetic.
Luxury Market Outpaces the Field
By Lew Sichelman | July 23, 2026 | Reprints | Unlock LinkThe luxury housing market ain’t what it used to be, in more ways than one. Four different analyses show what’s happening.
Credit-Worthy Tenants Are Office Landlords’ North Star
By Steve Adams | Commercial Record Staff | July 23, 2026 | Reprints | Unlock LinkLenders are playing a significant role in selecting office tenants as substantial vacancies linger in Fairfield County’s office market.
71-Unit Affordable Development Pitched in Tolland
By James Sanna | July 22, 2026 | Reprints | Unlock LinkA Farmington-based developer is proposing to build a garden-style apartment complex in Tolland under the state’s 8-30g affordable housing law.
Developer Buys Site of 156-Unit ‘Enfield Station’ Project
By James Sanna | July 21, 2026 | Reprints | Unlock LinkFor a mere $2.64 million, a joint venture of two developers has bought the sight of their planned transit-oriented development in Enfield.




