Banking and Lending
Former TV Host Charged In Check Scheme
A TV journalist known for confronting would-be child predators has been snared himself in a police investigation alleging he wrote bad checks for $13,000 worth of marketing materials.
People’s United Posts $132.9M Profit
People’s United Financial Inc. (PBCT) on Thursday reported fourth-quarter profit of $132.9 million.
Students Can Seek Tuition Relief
The leader of Connecticut’s state college and university system has directed schools to suspend tuition payments for students impacted by the federal shutdown.
KeyBank to Buy Online Lending Business from Laurel Road Bank
Cleveland-based KeyBank is planning to purchase the online lending business of Darien-based Laurel Road Bank.
Freddie Mac Weekly Mortgage Rates: Jan. 17, 2019
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Webster Bank to Assist Essential Federal Workers During Shutdown
The state government will partner with private banks in order to assist federal workers impacted by the shutdown.
Connecticut Bill is Latest Calling for Time Zone Change
A Connecticut lawmaker who wants to end the practice of moving the clocks forward and back every year has proposed legislation that could ultimately lead to a change in the state’s time zone and possibly New England’s as well.
Government Shutdown Slowing Small Business Loan Application Rates
The government shutdown appears to be dulling loan application approval rates at small financial institutions.
Affordable Housing Projects Land $5.9M in Financing
Seven projects in Connecticut have received nearly $5.9 million in financing from the Federal Home Loan Bank of Boston, which will fund the creation or preservation of 147 affordable housing units.
Wepawaug-Flagg Federal Credit Union Rebrands With Name Change
Hamden-based Wepawaug-Flagg Federal Credit Union has changed its name to CrossPoint Federal Credit Union, according to its website.
How’s the US Economy Doing? Shutdown Makes it Harder to Say
The partial shutdown of the U.S. government has begun to make it harder to assess the health of the economy by delaying or distorting key reports on growth, spending and hiring.
Federal Workers Feeling Pressure of Government Shutdown, Seeking Loans
Hundreds of thousands of federal workers and contractors are feeling the pinch of the prolonged government shutdown, and many are taking out loans and making tough choices about what bills to pay.
Lamont Sworn In as Governor, Urges Connecticut to Think Big
Democrat Ned Lamont was sworn in as the 89th governor of Connecticut on Wednesday, pledging to be a “straighter shooter, an honest broker and a good listener” who will not allow the state’s budget challenges to define the next four years.
Fintech Creates Seamless User Experiences
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.
Study: Webster Bank Receives Most Consumer Complaints in Connecticut
Webster Financial Corp. had more consumer complaints in 2018 than any other bank in Connecticut.
Lamont to Be Sworn In as Governor, Promising ‘Fresh Start’
While Connecticut is poised Wednesday to usher in a successive Democratic top executive, Gov.-elect Ned Lamont has been insistent he represents a new beginning for the state.
Minimum Wage Hike, Family Leave On Legislative Agenda
In the legislative session that begins Wednesday, some legislators the General Assembly will look for ways to increase the state’s $10.10 an hour minimum wage.
Connecticut Students to Get Debt Relief from Career Education Corp. Settlement
Approximately 1,415 former students residing in Connecticut will receive debt relief as a result of a settlement between 49 attorneys general and the for-profit education company Career Education Corp.
Police Arrest Suspect in Glastonbury Bank Robbery
Police in Glastonbury have arrested a suspect in the Dec. 28 robbery of a United Bank branch in the town.
Florida Insurance Brokerage Firm Acquires Three CT Insurance Agencies
The Florida-based insurance brokerage firm AssuredPartners is expanding its presence in Connecticut.
