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Banking & Finance

SpencerBANK and Southbridge Savings Bank merger approved

Sam Bonacci |

The merger of the holding companies of SpencerBANK and Southbridge Savings Bank has been approved and will operate under the name SSB Community Bancorp MHC.

Bankers report focuses on 'unrestricted' credit union growth

STATE HOUSE NEWS SERVICE |

Massachusetts bankers on Monday released a report questioning the performance of credit unions.

Clinton's new CIO merges passion for technology and finance

Brad Kane |

Mary T. Dean took over CIO and senior vice president of Clinton Savings Bank earlier this year, heading up the technological operations for the community bank with six branches, two in-school...

Mass. employers see mixed signals; remain confident

STATE HOUSE NEWS SERVICE |

Employers in Massachusetts appear to possess a "wait-and-see attitude" about the economy, with mixed economic signals fueling the ambivalence, according to Associated Industries of Massachusetts.

Clinton Savings names new CIO

Sam Bonacci |

Clinton Savings Bank announced Friday that Mary Dean has been promoted to senior vice president and chief information officer for the bank with branches throughout Central Massachusetts.

Bank loans taking over solar financing

Laura Finaldi |

The evolution of financing for renewable energy installations is shifting, as bank loans are becoming a more mainstream way to maximize savings on a solar array, offering more benefits than...

Worcester financial adviser gains national recognition

Sam Bonacci |

Worcester’s Thomas Bartholomew has been named to the Financial Times 400 Top Financial Advisers list for 2016, a national collection of elite financial advisers.

Lowell bank buys burnt Leominster hotel for $585K

Sam Bonacci |

Enterprise Bank of Lowell has acquired the former site of the burned down Columbia Hotel for $585,000 with plans to create a new banking center in Leominster.

Staples stock jumps as judge criticizes FTC

Sam Bonacci |

The ongoing saga of the $6.3 billion acquisition of Office Depot by Staples took an unexpected, and profitable, turn for Staples and its shareholders when the judge presiding over the lawsuit the...

Fidelity Bank names lead commercial banking officer

Sam Bonacci |

Fidelity Bank has named Barry Bliss its new vice president and chief commercial banking officer.

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