Local CEO Elected to Head Nation’s Bankers
The head of Reading Cooperative Bank is now the leader of the American Bankers Association for the next 12 months.
Banks Grapple with Dilemma: Recession or Soft Landing?
Massachusetts’ banks are caught between conflicting economic signals – growing concern about commercial real estate loans on one side, positive business sentiment and a record-low state unemployment rate on the other – and appear to be reacting conservatively.
Fraud Fears Greet FedNow’s Launch
The Federal Reserve launched its instant payments system, FedNow, on July 20, but many local banks are taking a wait-and-see approach in the face of fraud concerns.
Reading Cooperative Cuts Ribbon on Downtown Lawrence Branch
Reading Cooperative Bank said it is looking to serve Lawrence’s underbanked population with the opening of a new branch there.
Food Hall to Anchor Downtown Lawrence Development
A Methuen development firm will use financing from Reading Cooperative Bank and MassDevelopment to construct housing and a food hall in a downtown Lawrence project set to begin next month.
Personnel File – No. 329
Who’s on the move? From new VPs to fresh project managers, see who’s been hired, promoted and honored: It’s the latest edition of Banker & Tradesman’s Personnel File.
Smart Textile Manufacturer to Buy Lynn Property for Expansion
A vacant industrial building in Lynn will be updated to become the new home of a manufacturer that supplies heated gloves and boots to the U.S. military.
Banks, Cores Increasingly at Odds Over Service
Banks are becoming less and less satisfied with the vendors providing their core banking technology even after four years of work by industry leaders to bridge gaps in how each side sees the other.
Banks, CUs Hope to Scoop Up Laid-Off Fintech Workers
As layoffs send fintech workers out into the job market, community banks and credit unions could see a longstanding disadvantage in landing talent evaporate.
Personnel File – No. 323
Who’s on the move? From new VPs to fresh project managers, see who’s been hired, promoted and honored: it’s the latest issue of Banker & Tradesman’s Personnel File.
Personnel File – No. 307
From new VPs to fresh project managers, see who’s been hired, promoted and honored: it’s The Personnel File.
CRE Lending Powers Fast Community Bank Growth
Local lenders have emerged as big winners from the 65 percent year-over-year- growth in commercial mortgage volumes statewide this year. But the risk of a recession is causing some to grow more cautious.
Personnel File – No. 294
From new VPs to fresh project managers, see who’s been hired, promoted and honored: it’s The Personnel File.
Personnel File – No.290
From new VPs to fresh project managers, see who’s been hired, promoted and honored: it’s The Personnel File.
Personnel File- No.286
From new VPs to fresh project managers, see who’s been hired, promoted and honored: it’s The Personnel File.
Personnel File – No.280
From new VPs to fresh project managers, see who’s been hired, promoted and honored: it’s The Personnel File.
Personnel File – No. 279
From new VPs to fresh project managers, see who’s been hired, promoted and honored: it’s The Personnel File.
Personnel File – No. 278
From new VPs to fresh project managers, see who’s been hired, promoted and honored: it’s The Personnel File.
Community Banks Look to Future as Branches’ Role Evolves
Two years after the start of the pandemic drove more customers to adopt digital banking when branch lobbies closed, a recent study found that Boston has one of the highest increases in branch closings among U.S. metropolitan areas.
Personnel File – No. 273
From new VPs to fresh project managers, see who’s been hired, promoted and honored: it’s The Personnel File.
