The largest private shareholder of United Financial Bancorp stock is criticizing the planned acquisition of the company by People’s United Bank and urging fellow shareholders to oppose it.
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.
The Credit Union League of Connecticut has tapped a state politics veteran to run the organization.
Bradley International Airport in Connecticut has broken ground on a $210 million transportation center, promised to be a “huge customer service improvement.”
Many banks and credit unions will have additional time to prepare for the new Current Expected Credit Loss accounting system after the Financial Accounting Standards Board recently voted to delay implementation for a select group.
Hartford has the 10th-fastest-growing pools of tech talent in the country, according to a new report from commercial real estate brokerage CBRE.
Home equity lines of credit could be a major opportunity for lenders in coming years because many homeowners simply don’t know what they are.
Gov. Ned Lamont got a pep-talk on tolls from the leaders of Connecticut’s neighbors at a private lunch yesterday, urging him to not give up on his proposal to enact tolls on the state’s highways.
A New York financial services firm’s blueprint to transform the 58-acre former University of Connecticut campus in West Hartford is set to be revealed on Friday, after resolving a financial dispute over the costs of environmental cleanup.
Most of the cost savings that People’s United will achieve when it completes its purchase of Hartford-based United Bank will be through staff and branch reductions.
Berkshire Bank has solidified “its commitment to deepening relationships with the communities [it serves]” by hiring longtime community organizer and activist Malia Lazu as its new chief experience and culture officer and executive vice president.
People’s United Bank will cross the $50 billion asset threshold with its third bank purchase in a little more than a year.
KeyBank will align its Boston commercial banking market with its Connecticut and Greater Springfield presence to form the Connecticut/Massachusetts Market.
The former CEO of the Credit Union League of Connecticut has launched her own consulting firm in an effort to help the industry better compete in the war for talent.
A former East Greenwich, Rhode Island businesswoman admitted yesterday in federal court to utilizing her business and business contacts, including family members, friends and business associates, to operate a $10.3 million Ponzi scheme.
Two well known investment banks that frequently work with community banks in New England on M&A and capital raising are merging.
Windsor-based 360 Federal Credit Union is opening its fourth branch.
The University of New Haven received a $4 million National Science Foundation grant to create Connecticut’s first CyberCorps Scholarship for Service program.
Despite a contracting mortgage market, some leading providers of loans guaranteed by the U.S. Department of Veteran Affairs and Federal Housing Administration managed to retain their positions in these categories, according to a new report from The Warren Group, publisher of The Commercial Record.
A Bridgeport woman waived her right to be indicted and pleaded guilty yesterday to one count of mail fraud related to a credit card fraud scheme.