Survey: Community Bankers Pessimistic About Profits
Community bankers, particularly in the Northeast, continue to have dim expectations for bank profitability, according to the Conference of State Bank Supervisors’ latest community bank survey.
Envision Bank Books First Profitable Quarter Since 2016
For the first time in over two years, Randolph-based Envision Bank has had a profitable quarter. The bank attributed declining mortgage rates and four new loan production offices in Central and Western Massachusetts for the success.