Citizens Bank has been at the forefront of creating great digital experiences for its customers, forming several partnerships with various fintech companies. Lamont Young has been at the center of these efforts.
Connecticut’s economy has had a rough few years, but incoming CBIA president Chris DiPentima thinks the state his headed for good times in 2019. It just needs a few things from state leaders in order to get there.
Stamford-based Patriot Bank has found itself in hot water with federal regulators and now must revise the terms of an acquisition that it announced earlier this year.
Two fintechs that are teaming up to provide digital lending solutions to small to medium-sized businesses have landed partnerships with a large Connecticut bank and another with a strong presence in Massachusetts
The new bank – Connecticut’s second in two years – would focus on consumers in Westchester and Fairfield counties, with an eye towards technology-minded customers and businesses.
The parent company of Berkshire Bank said last night that it would purchase the parent company of Willimantic-based Savings Institute Bank and Trust in an all stock transaction valued at $180 million.
The chief operating officer at Lakeville-based Salisbury Bank is leaving the company.
An Ohio credit union is planning to open a new branch in a Macy’s logistics and operations center.
Both Belmont Savings Bank and Farmington Bank hold roughly $3 billion in assets. So why did People’s United Pay so much less for Belmont?
Plans are underway to open a new national bank in Stamford.
Less than two months after completing its purchase of Farmington Bank in Connecticut, the parent company of People’s United Bank is shopping again.
Michael Daly, president and CEO of Berkshire Bank and its parent company, is stepping down from his position and leaving the company immediately, the bank said in a statement last night.
Cornerstone Community Credit Union is adding to its presence in its home base in Danbury.
A group of local stakeholders is launching the first credit union in the country to lend exclusively to farmers and food entrepreneurs. Maine Harvest Credit Union is seeking a state charter in order to provide specialized loans and mortgages to boost Maine’s growing agricultural economy, which consists of over 8,000 farms, $3.8 billion in sales and 24,000 jobs.
The regulatory relief party may be over in Congress, but credit union trade groups do not seem terribly upset about the results of midterms.
Lowe’s Companies Inc. is closing its store in Orange along with 50 others in the U.S. and Canada, according to its website.
One Romanian national was sentenced and two Romanian nationals plead guilty earlier this week in federal court in Boston in connection with an ATM skimming scheme operating throughout Massachusetts and other states including Connecticut, New York and South Carolina.
While in college at the University of Pittsburgh, Robert Cerminaro wanted to become a professional baseball player. But after those dreams ended, he joined the big leagues of banking and didn’t look back.
Growth at the parent company of New Canaan-based Bankwell Bank was minimal in the third quarter, as the company reported net income of $4.9 million, or $0.62 per share, compared to $4.3 million or $0.55 per share for the same period in 2017.
Competitive pricing continued to slow growth at the parent company of Hartford-based United Bank in the third quarter of 2018.