Banking and Lending
E. Carol Hayles has joined the board of directors of Webster Bank and its parent company, Webster Financial Corp. She also has been appointed to the Audit and Risk committees of the boards.
Credit union membership is up 4.7 percent year over year – the fastest growth rate in the industry’s history, according to CUNA Mutual Group’s latest Credit Union Trends Report.
Small business owners are not exactly feeling the love from their banks.
A Connecticut mother of four who prosecutors say stole more than $70,000 from more than a dozen people in a series of identity thefts is scheduled to be sentenced.
Competitive pricing continued to slow growth at the parent company of Hartford-based United Bank in the third quarter of 2018.
Barton Stuck, 72, of Westport, plead guilty yesterday in New Haven federal court to multiple offenses stemming from an investment fraud scheme.
Union Savings Bank has added the South Street Elementary School to its USB Teachers’ Closet school supply program, the bank announced earlier this week.
The Connecticut States Colleges and Universities recently unveiled the first two of its new solar energy systems during a ribbon-cutting event at Manchester Community College.
Although preliminary numbers for September show a total loss of 500 jobs for that month, the August numbers were revised upwards from 1,100 jobs to a total gain of 3,300 jobs.
The U.S. Department of Agriculture has awarded the state of Connecticut $2.4 million in performance bonuses for being one of the top states for enrolling eligible households in the Supplemental Nutritional Assistance Program (SNAP).
Wells Fargo & Co. said on Wednesday it put two executives on leave in connection with ongoing regulatory reviews into the bank’s retail sales practices.
When Tesla Inc. posts third-quarter results on Wednesday, CEO Elon Musk may show off a long-promised quarterly profit, as production of his Model 3 electric sedan takes off. But the real question is whether any such gains will be sustainable.
Strong growth in commercial and industrial loans and health savings accounts continued to bear dividends for the parent company of Webster Bank, which reported a profitable third quarter.
JPMorgan Chase & Co. said on Friday that it was building a new “fintech campus” in Silicon Valley for more than 1,000 employees, as it pushes to keep abreast of changes in digital payments.
Connecticut has wasted little time spending emergency money from the federal government aimed at fighting the opioid crisis, ranking ninth among states in the percentage of funds received that have been spent, according to an Associated Press analysis of the first wave of grants.
West Haven has paid $2,000 to restore access to its computer system after a ransomware attack.
A federal grand jury in New Haven recently returned an indictment charging Vincent Jones, 50, of New Haven with two counts of bank robbery and one count of attempted bank robbery.
With Ford Motor Co.’s stock at nearly a nine-year low and the company squeezed by tariffs and trade tensions, Chief Executive Jim Hackett sought to restore confidence among dealers gathered in Las Vegas this week, days ahead of third-quarter results.
Webster Financial Corp. on Thursday reported third-quarter earnings of $99.7 million.
United Rentals Inc. on Wednesday reported third-quarter earnings of $333 million.
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- CT DOB Issues Two Fines End of September
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