April rent prices in Connecticut were all over the spectrum, depending on the city, with rates below and above national averages.
The parent company of Boston-based Berkshire Bank has received all regulatory approvals and expects to close on its acquisition of the parent company of Willimantic-based Savings Institute Bank & Trust at the end of the business day tomorrow.
Winsted-based Northwest Community Bank reported that someone attempted to pass counterfeit bank checks for payment, the Connecticut Department of Banking said in a statement.
Start Community Bank has filed an application with the Connecticut Department of Banking to change its name to New Haven Bank.
Webster Bank scored about average, while People’s United fell to the lower end of banks in New England included in J.D. Power’s annual U.S. Retail Banking Satisfaction Study.
Small lenders could be looking at some relief from changes to the Home Mortgage Disclosure Act that went into effect at the beginning of the year.
A Hartford man was sentenced to 54 months of imprisonment, followed by three years of supervised release, for fraud and identity theft offenses stemming from a mail theft and check cashing scheme.
The annual salary needed to afford a home in Hartford is more than $65,000, nearly $2,000 above the area’s median income.
A Palm Beach, Florida man pleaded guilty yesterday in Bridgeport federal court to conspiracy, money laundering and tax evasion offenses related to multiple schemes to defraud foreign investors and financial institutions.
An awards ceremony by CREW CT – The Real Estate Exchange recognized women’s contributions to standout commercial real estate projects in Connecticut and Western Massachusetts, while recognizing the need to more women in industry leadership roles and attracting more diversity in the industry.
Two Florida residents were charged yesterday by a federal grand jury in Hartford with robbing a Wethersfield bank at gunpoint in December 2018.
Westfield Bank is planning to double the number of branches it has in Connecticut.
The Connecticut Bankers Association will have a new leader come June.
Stamford Executive Park is part of a 56-building light industrial portfolio acquired by a joint venture partnership for $487.5 million.
A project designed and constructed by Glastonbury-based S/L/A/M Collaborative is adding new outpatient suites at The Hospital of Central Connecticut in New Britain.
A New Haven man was sentenced yesterday in Hartford federal court to 12 months and one day of imprisonment, followed by three years of supervised release, for fraud and money laundering offenses in connection with a scheme to steal bitcoins in an online phishing scheme.
Mortgage applications and refinancing activity soared at the end of March as mortgage rates continued to fall, according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending March 29, 2019.
Laurel Road Bank has received national recognition; FinTech Breakthrough, an independent organization that recognizes the top companies, technologies and products in the global fintech market named the bank as the best consumer lender in its annual awards.
The parent company of People’s United Bank has closed on its merger of the parent company of Massachusetts-based Belmont Savings Bank.
A New Haven man and former CFO of a small biotech company was sentenced yesterday in New Haven federal court to 24 months of imprisonment, followed by three years of supervised release, for embezzling approximately $1 million from his company, which receives federal research grants.