Essex Savings Bank’s longtime leader, Gregory Shook, will retire this summer, and Diane Arnold will take over as president and CEO.
A 139-unit apartment building in Hartford has sold for $9.57 million after selling for much less than that five years ago.
President-elect Joe Biden unveiled a $1.9 trillion coronavirus plan Thursday to end “a crisis of deep human suffering” by speeding up vaccines and pumping out financial help to those struggling with the pandemic’s prolonged economic fallout.
The city of Hartford is seeking redevelopment proposals for several parcels of municipally-owned land just north of downtown.
While positive developments with the pandemic led JPMorgan Chase to release funds from its credit reserves, leading to record profits in the fourth quarter, the total credit reserves remain high.
The Paycheck Protection Program loan portal will open to lenders with $1 billion in assets or less at 9 a.m. tomorrow, with the remaining lenders gaining access to the portal on Tuesday.
The Office of the Comptroller of the Currency this morning finalized a rule to prevent large banks from limiting their lending activities in certain industries, just hours after Acting Comptroller of the Currency Brian Brooks said he was leaving the agency.
Housing advocates around the country staked out courthouses and held rallies Wednesday, calling on the incoming Biden administration to extend and strengthen the current federal ban on evictions.
With another round of the Paycheck Protection Program starting this week, lenders will have to manage the process for new loans while still getting through last year’s forgiveness applications.
In a little-known civil action, the Consumer Financial Protection Bureau is investigating the real estate affiliate of Quicken Loans for allegedly illegal kickbacks.
Davis Marcus Partners has sold a boutique office building at 2150 Post Road in Fairfield to an investor making its third Connecticut acquisition.
The Torrington Savings Bank’s charitable foundation has awarded more than $100,000 in grants during their annual fall grant cycle.
Stamford Town Center has lost another two national retailers with a third likely not far behind.
Meriden officials are weighing a plan for a 163,000-square-foot distribution center on a parcel of open space once considered for a car auction business.
Target’s strong sales streak extended through a pandemic-shrouded holiday season after a hard push online and an increased effort to provide alternatives to customers who are trying to minimize risk.
Synchrony CEO Margaret Keane will step down in April after 10 years leading the Stamford-based financial company.
The Jewett City Savings Bank Foundation has awarded $28,700 in grants to 27 emergency service organizations.
The Mortgage Bankers Association estimates 2.7 million homeowners nationwide are in forbearance plans.
Connecticut law enforcement, including the police department that protects the Capitol complex in Hartford, are preparing for possible armed protests.
A Westville apartment complex has been sold to a New Jersey investment firm for $50 million.