1. Massachusetts community bankers say things going well, but state legal reforms needed

    Massachusetts community bankers say things going well, but state legal reforms needed

    Local banks have grown through the recession and local bankers are seeing a recovery, even if it is s a slow recovery. But to keep the good news coming, they say they need state lawmakers to pass legislation streamlining regulations and encouraging them to keep up with technology. The banks also are asking that state regulations also be brought into line with federal rules that got tougher in the wake of the financial crisis.

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    1. We are trying to plan for the advancements of the next 30 years.
    2. This new generation, they don't want to come into a branch with a passbook on the third of every month.
    3. The liability attaches to the bank, not the software company.
    4. I take offense when people say banks stopped lending in 2008-2009.
    5. The problem is, that is what all the other banks are doing.
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