Connecticut Bank Earnings Continue to Climb
By Diane McLaughlin | December 3, 2021 | Reprints | Unlock Link 
While the economic effects of the Omicron variant remain to be seen, improving economic conditions during the first nine months of 2021 helped drive Connecticut bank earnings close to pre-pandemic levels.
202K SF Lease Paves Way for Norwich Window Factory
December 2, 2021 | Reprints | Unlock Link
A window manufacturer will be setting up a large factory in Norwich following the signing of a major lease.
Community Bank Tackles Student Debt
By Diane McLaughlin | December 2, 2021 | Reprints | Unlock Link
The student loan problem is enormous: $1.7 trillion in debt, almost 45 million borrowers with loans to repay, about 10 percent of borrowers delinquent or in default even before the pandemic started. As president and CEO of The Milford Bank, Susan Shields saw an opportunity to help.
Grocery-Anchored Plaza Sells for $11M
December 1, 2021 | Reprints | Unlock Link
Another grocery-anchored shopping plaza, this time with redevelopment potential, has traded hands this year.
Free Rapid Tests Part of Biden’s Winter COVID Strategy
By Colin A. Young | State House News Service | December 3, 2021 | Reprints | Unlock Link
As COVID-19 cases surge around the country and scientists begin to get a better picture of a worrisome new variant circulating, President Joe Biden on Thursday laid out his strategy to control the pandemic this winter without putting new restrictions on the economy.
Stakeholders Emphasize DEI in Boston Fed President Search
By Diane McLaughlin | December 3, 2021 | Reprints | Unlock Link
The committee tasked with finding a new president for the Boston Federal Reserve Bank has made slight adjustments to the job description, including expanding its emphasis on a leader who will champion diversity, equity and inclusion.
CFPB: Two-Thirds of Bank Fees from Overdrafts
By Diane McLaughlin | December 2, 2021 | Reprints | Unlock Link
Banks earned an estimated $15 billion from overdraft fees in 2019, and smaller institutions brought in almost as much income per account as large banks, according to research from the Consumer Financial Protection Bureau.
Lamont: No Plans for New Mandates as COVID Cases Rise
By The Associated Press | December 2, 2021 | Reprints | Unlock Link
Gov. Ned Lamont said Tuesday he does not plan to mandate booster shots for certain workers or reissue statewide indoor mask mandates in stores and restaurants.
Are Home Prices Headed for a Correction?
By Lew Sichelman | December 2, 2021 | Reprints | Unlock Link
The housing market is not likely to implode like it did in 2008, when it ushered in what’s now known as the Great Recession. But could a price correction be coming?
