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Banking & Finance

Hometown Bank to add Leominster branch

Rick Saia |

Hometown Bank of Oxford has received state and federal approvals to open a new branch in Leominster at the entrance to the Mall at Whitney Field, the bank announced.

Nonprofit's One Mortgage program has lenders looking for value

Michael Novinson |

Lenders are finding themselves walking a tightrope between providing lower-income Americans with quality housing and keeping their fiscal houses in order.

Enterprise Bank announces increased quarterly dividend

Lowell-based Enterprise Bancorp, which has branches in Acton, Fitchburg, Leominster and Westford, declared a quarterly dividend of 12 cents per share in the second quarter that ended June 30.

Worcester Credit Union boosts mortgage services

Worcester Credit Union is broadening its mortgage services through an agreement with an organization that has assigned a representative to work the financial institution, the credit union announced...

UniBank commits $5M to veteran lending

Michael Novinson |

UniBank has committed to loaning $5 million to military service members, veterans and their families.

Banks sue Worcester over foreclosure mediation regs

Michael Novinson |

Seven banks that do business in Central Massachusetts are asking a federal court to halt efforts by city officials in Worcester and Lynn to impose a foreclosure-avoidance program.

St. Mary's buys Marlborough building as new headquarters

Michael Novinson |

St. Mary's Credit Union has bought a Marlborough building for $7.5 million to serve as the company's new headquarters.

UniBank picks Charter for online support

Whitinsville-based UniBank has selected Charter Business to provide it with wide area network fiber service and high-speed internet to support online services and other technology initiatives,...

North Brookfield, FamilyFirst complete merger

Michael Novinson |

North Brookfield Savings Bank said it was to have completed its merger Sunday with Ware-based FamilyFirst Bank.

Study places Mass. near top of best banking list

John Agoglia |

A new study from personal finance website GOBankingRates.com, found that Massachusetts is the fourth most affordable state for banking, offering residents access to less expensive banking options...

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