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Berkshire Bank Wins Employee Engagement Award

Berkshire Bank Wins Employee Engagement Award

by Bram Berkowitz | Jul 26, 2019 | Banking & Lending, CR Daily, Executive Briefing, Industry News

Workplace and culture issues at Berkshire Bank? Not anymore, apparently.

Webster Bank’s HSA Business Collects Major Victories in Q2

Webster Bank’s HSA Business Collects Major Victories in Q2

by Bram Berkowitz | Jul 22, 2019 | Banking & Lending, CR Daily, Industry News

Webster Bank scored key wins for its Health Savings Account Bank division by expanding its relationship with a key partner and with a major lobbying win in Washington D.C.

Berkshire Bank to Sell Mortgage Subsidiary, Exit Two Types of Lending

Berkshire Bank to Sell Mortgage Subsidiary, Exit Two Types of Lending

by Bram Berkowitz | May 1, 2019 | Banking & Lending, CR Daily, Industry News

The parent company of Berkshire Bank is planning to sell off one of its mortgage subsidiaries and exit other non-strategic, non-relationship types of lending, as part of a broader strategic review the company began earlier this year.

Webster Bank’s HSA Business Collects Major Victories in Q2

Health Care Policy Change Could Threaten Webster’s HSA Business

by Bram Berkowitz | Apr 22, 2019 | Banking & Lending, CR Daily, Industry News

Despite a very profitable quarter, analysts pressed Webster Bank executives on the sustainability of its health savings accounts business, specifically as lawmakers consider the future of health care.

United Bank Could See Major Losses as Result of Alleged Ponzi Scheme

United Bank Could See Major Losses as Result of Alleged Ponzi Scheme

by Bram Berkowitz | Apr 18, 2019 | Banking & Lending, CR Daily, Industry News

The parent company of Hartford-based United Bank reported another profitable quarter to start the year, but major losses could be coming.

Consumer Debt Growth Slowed in February

Consumer Debt Growth Slowed in February

by Bram Berkowitz | Apr 9, 2019 | Banking & Lending, CR Daily, Industry News, Residential Real Estate

Total consumer debt among all Americans grew $15.2 billion in February, a slower rate than growth in January, according to recent data from the Federal Reserve.

Laurel Road Bank Receives National Award

Laurel Road Bank Receives National Award

by The Commercial Record | Apr 5, 2019 | Banking & Lending, CR Daily, Executive Briefing, Industry News

Laurel Road Bank has received national recognition; FinTech Breakthrough, an independent organization that recognizes the top companies, technologies and products in the global fintech market named the bank as the best consumer lender in its annual awards.

Connecticut Water Service Approves New Capital Spending Plan for 2019

by The Commercial Record | Nov 20, 2018 | Banking & Lending, Commercial & Industrial, CR Daily, Executive Briefing, Industry News

Connecticut Water Service Inc. has laid out a new capital spending plan for next year.

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