1. Articles in category: Financial Services

    1-24 of 419 1 2 3 4 ... 16 17 18 »
    1. PeoplesBank to Host Free Economic Outlook Luncheon

      PeoplesBank to Host Free Economic Outlook Luncheon

      The stock market is up, and soon, so might be interest rates. The Trump administration wants to make historic budget cuts, and unemployment rates are at historic lows. While these are much better than the worst of times for local businesses, are they going to turn into the best of times? Business leaders, who do not like uncertainty, will get some insights into the economic future at the PeoplesBank Economic Outlook, a free luncheon featuring James Hartley, professor of Economics at Mount Holyoke College. The luncheon is slated for Thursday, April 20 from noon to 1:30 p.m. at ...

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    2. Greenfield Savings Bank plans additional branches in Amherst, Northampton

      Greenfield Savings Bank plans additional branches in Amherst, Northampton

      Greenfield Savings Bank will open downtown branch offices in Amherst and Northampton by midsummer to augment branches already in those communities, the bank announced this week. The downtown Amherst location will be at 108 North Pleasant St. and the downtown Northampton office will be at 207 Main St. "The new branches will enhance convenience for our customers in both of these communities," John Howland, president of Greenfield Savings Bank, said in a news release. "This is especially true for our downtown Amherst- and Northampton-based commercial customers. Last year our commercial loan originations increased more than 20 percent and the additional ...

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    3. Edward Jones aiming to recruit 100 new financial advisors at Agawam event

      Edward Jones aiming to recruit 100 new financial advisors at Agawam event

      Edward Jones, a financial services company, plans to hire up to 100 financial advisors throughout Western Massachusetts in 2017, and is hoping to meet the new prospective employees at an upcoming mixer in Agawam. As the firm continues to expand its business and grow its network of branch offices to serve individual investors throughout Western Mass, Edward Jones is hosting a recruiting event at 6 p.m. on Wednesday, March 8 at The Federal. Business attire is encouraged, according to the firm.

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      Mentions: Amherst
    4. PeoplesBank Retains Young Talent by Keeping Employees Engaged

      PeoplesBank Retains Young Talent by Keeping Employees Engaged

      t’s difficult to pigeonhole the Millennial generation — though many have tried — in terms of what they want in a job and a workplace.  But one recurring theme is a sense of purpose and meaning, one that goes beyond their list of duties. And on this front, employers are largely falling short.  In fact, according to a recent Gallup study, “How Millennials Want to Work and Live,” only about one-third of young professionals strongly agree that the mission or purpose of their organization makes them feel their job is important. And just 40% feel strongly connected to their company’s ...

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    5. Thomas Senecal: PeoplesBank is an innovative organization embracing technology | masslive.com

      Thomas Senecal: PeoplesBank is an innovative organization embracing technology | masslive.com

      Innovation is a core competency of our country, as we demonstrate over and over again. While trips to the moon are in our past, and visits to Mars off in the distant future, today we apply the principles of hard work and creative thinking to solve challenges in healthcare, social services, education, and, of course, business.  It is that latter endeavor that many in my seat find themselves contemplating quite frequently, especially when the reality of what made us great - stability - is not necessarily what might propel us to grow -- innovative change.

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    6. Glenn S. Welch: Freedom Credit Union sees positive future for business in Western Mass.

      Glenn S. Welch: Freedom Credit Union sees positive future for business in Western Mass.

      As someone who grew up in the Springfield area, attended Western New England University and the University of Massachusetts at Amherst and has over 30 years of experience in the credit union and banking industries, I am truly optimistic about the future of business in Western Massachusetts. Regionally, the unemployment rates in Hampden, Hampshire, and Franklin counties have all dropped over the past year. As of October, the unemployment rate in Hampden County was 3.6 percent, down from 6.0 percent in October 2015. Likewise, the unemployment rate in Hampshire County dropped to 2.3 percent from 3.8 ...

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    7. Berkshire Bank Foundation Awards Nearly $1.9 Million to Nonprofits

      Berkshire Bank Foundation Awards Nearly $1.9 Million to Nonprofits

      Berkshire Bank Foundation announced that it awarded a total of $1,862,265 in grants to nonprofit organizations operating in the bank’s footprint in 2016. The giving represents a 3% increase in contributions compared to 2015. The grants supported a variety of education and community-development initiatives, as well as health and human service and cultural programs. “Our philanthropic investments impacted millions of individuals in 2016, helping to enhance economic opportunities and improve the quality of life for members of our community,” said Lori Gazzillo, vice president and director of the Berkshire Bank Foundation. “We are so pleased to continue ...

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    8. United Financial Bancorp Posts Record Earnings in Fourth Quarter

      United Financial Bancorp Posts Record Earnings in Fourth Quarter

      United Financial Bancorp Inc., the holding company for United Bank, announced results for the quarter ended Dec. 31, 2016. The company reported net income of $14.6 million, or $0.29 per diluted share, for the quarter, compared to net income for the linked quarter of $14.2 million, or $0.28 per diluted share. The company reported net income of $9.9 million, or $0.20 per diluted share, for the quarter ended Dec. 31, 2015. “In the fourth quarter of 2016, the United Financial Bancorp Inc. team delivered record revenue, record earnings per share, and strong loan growth ...

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      Mentions: United Bank
    9. MassMutual Foundation to bring FutureSmart(SM) Challenge to Five Cities in 2017

      MassMutual Foundation to bring FutureSmart(SM) Challenge to Five Cities in 2017

      The MassMutual Foundation announced today that its FutureSmart Challenge, now in its fourth year, will visit five cities across the country in 2017, including Memphis, TN, Portland, OR, Phoenix, AZ, Oklahoma City, OK and Boston, MA.  The MassMutual Foundation's FutureSmart Challenge is a national program that provides financial education to middle school students and offers them the opportunity to learn skills needed to make sound choices for their personal financial futures. The exciting interactive event is held in collaboration with select NBA teams, followed by Junior Achievement curriculum in participants' classrooms during the school year.

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    10. PeoplesBank Announces Key Promotions

      PeoplesBank Announces Key Promotions

      Matthew Bannister was promoted to first vice president of Marketing and Innovation. He previously served as vice president of Corporate Responsibility. He possesses more than 30 years of brand management and corporate social responsibility experience. A resident of Hadley, Bannister holds a bachelor of Arts in Communications from the University of Massachusetts Amherst.

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    11. Country Bank donates $1M toward new Baystate Wing Emergency Department

      Country Bank donates $1M toward new Baystate Wing Emergency Department

      Country Bank will contribute $1 million toward the construction of Baystate Wing Hospital's new Emergency Department. The project, scheduled to begin construction in 2017, will right size the emergency department at Baystate's Palmer campus to better accommodate current patient volumes. "We are grateful for the continued generous support of Country Bank," said Michael Moran, president and chief administrative officer for Baystate Health's Eastern Region, which includes Baystate Wing Hospital and the Baystate Mary Lane Outpatient Center. "We are committed to providing emergency services at both of our campuses. While the Baystate Mary Lane Emergency Department is appropriately ...

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    12. Westfield Bank completes switchover of former Chicopee Savings locations

      Westfield Bank completes switchover of former Chicopee Savings locations

      Westfield Bank has reopened all the former Chicopee Savings Bank offices under the Westfield Bank name, completing the merger of the former Chicopee Savings Bank into Westfield Bank and the new holding company called Western New England Bancorp. The bank will operate under the Westfield Bank name. Both banks shut down over the weekend and turned off online bill paying and a few other functions

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    13. At the Gaudreau Group, Women Have Thrived in Non-traditional Roles

      At the Gaudreau Group, Women Have Thrived in Non-traditional Roles

      The Gaudreau Group in Wilbraham is like most other insurance and financial service agencies in terms of the products and services it offers to clients. It is different, though, in the fact that an extraordinarily large number of high-level positions have been filled by women. This development wasn’t exactly planned, but then again, it wasn’t really an accident, either.  Jules Gaudreau has been in the financial services field for more than three decades, more than enough time to know that this industry has moved well beyond that old catch-phrase ‘the insurance man.’

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    14. Berkshire Bank Foundation Supports Community Development Corp. - BusinessWest

      Berkshire Bank Foundation Supports Community Development Corp. - BusinessWest

      The Berkshire Bank Foundation has made a $10,000 donation to the Community Development Corp. (CDC) of South Berkshire in support of the nonprofit’s work in providing affordable housing at 100 Bridge St., Great Barrington. The grant will support the construction of 45 new, safe, highly energy-efficient apartments in the center of town for generations to come, enabling residents to walk to work, shopping, and the adjoining 1.5 acres of public park along the Housatonic River.

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    15. Country Bank Expands Its Presence in More Ways Than One - BusinessWest

      Country Bank Expands Its Presence in More Ways Than One - BusinessWest

      Country Bank’s sheer scope in Eastern and Central Mass. — it now boasts 15 branches, almost $1.4 billion in assets, and a loan portfolio approaching $1 billion — positions it among the larger banks in its footprint. But even during a time of financial growth, President Paul Scully is equally committed to growing the bank’s community ties, through an ever-evolving series of initiatives that engage employees, customers, and area residents alike. After all, a bank’s success, he believes, shouldn’t be reflected simply on the bottom line.

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    16. MassMutual lays off 150 around country as a result of MetLife deal

      MassMutual lays off 150 around country as a result of MetLife deal

      MassMutual Financial Group laid off 150 employees Tuesday as a result of its $165 million takeover earlier this year of MetLife's life insurance sales operation. The layoffs were spread out over 10 offices, including the insurance giant's headquarters on State Street in Springfield. "We have been working to integrate the organizations," said MassMutual spokesman James Lacey. "When you do so, you have overlaps and redundancies. These were difficult decisions that were not made lightly and we are committed to providing support and respecting the privacy of those affected by the decisions."

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    17. MassMutual's Barings, which now includes Babson Capital, looks to grow in North Carolina, London, has presence in Tower Square | masslive.com

      MassMutual's Barings, which now includes Babson Capital, looks to grow in North Carolina, London, has presence in Tower Square | masslive.com

      MassMutual Financial Group has merged four of its investment management arms into one brand name, Barings LLC, and it is apparently poised for growth in Charlotte, North Carolina, and in London.  In Charlotte, Barings is poised to move into about a third of a new estimated $136 million office tower partly owned by MassMutual's Cornerstone Real Estate Advisers. Cornerstone is one of the four entities it rolled into the Barings brand

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      Mentions: MassMutual
    18. Florence Bank donates $50k to Cutchins Programs for Children & Families

      Florence Bank donates $50k to Cutchins Programs for Children & Families

      Florence Bank announces a contribution of $50,000 to Cutchins Programs for Children & Families in Northampton, which will be used over a five-year period toward Cutchins' Sensory and Fitness Programs . Cutchins Programs for Children & Families, located in Northampton, provides an interpersonal and respectful environment in which the long-term impact of trauma, emotional and behavioral challenges can be recognized and treated. The donation from Florence Bank will be used to upgrade the Cutchins Program gym; the renovation project will provide a state-of-the-art structure for physical education and create a technologically advanced facility for occupational therapy and sensory integration treatment and research.

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      Mentions: Northampton
    19. MassMutual Foundation announces FutureSmart program

      MassMutual Foundation announces FutureSmart program

      The MassMutual Foundation, Inc. today announced its new digital financial education curriculum—part of its successful FutureSmart program—developed specifically for middle school students. Now available at no cost to schools across the United States, the state-of-the-art course was unveiled at a special event with middle schoolers in Mattapan, according to a news release. The program is available online at www.massmutual.com/about-us/corporate-responsibility/futuresmart Importantly, the new web-based curriculum is offered in English and Spanish to extend the potential reach of the successful FutureSmart program to youth in sixth through eighth grade, with the overall goal of impacting ...

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    20. Florence Bank plans West Springfield branch, further expansion

      Florence Bank plans West Springfield branch, further expansion

      Florence Bank has plans to open a full-service branch in a soon-to-be-built shopping plaza sometime in 2017. The branch, located on Memorial Avenue and Bridge Street at the former site of St. Ann Roman Catholic Church, will be the first of what Florence Bank President and CEO John F. Heaps thinks will be a number of Hampden County branches.

       

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    21. Region’s Competitive Commercial-loan Market Poses Plenty of Opportunity

      Region’s Competitive Commercial-loan Market Poses Plenty of Opportunity

      Banks and credit unions know all too well that the health of a commercial-loan portfolio is often dependent on the economic climate. Several years of improvement on that front has bolstered the portfolios of many regional lenders, some dramatically. But the added opportunity has brought little relief from fierce competition in the sector, both for loan business and the talent to procure it.

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    22. Tech Foundry Awarded $4K sponsorship from Nuvo, a division of Merchants Bank

      Tech Foundry Awarded $4K sponsorship from Nuvo, a division of Merchants Bank

      Tech Foundry, the leading non-profit IT workforce training program in the Pioneer Valley recently received sponsorship support for its upcoming fall training program from Nuvo, a division of Merchants Bank, located in Springfield. The Tech Foundry fall training class is already underway and is training 32 students from Springfield and other cities and towns in the Pioneer Valley and as far away as Nashua, New Hampshire. The support from Nuvo continues to demonstrate the need for IT workforce training in the financial services sector. In the letter from Nuvo announcing its sponsorship of Tech Foundry, the bank cited the "work ...

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    23. Westfield Bank Future Fund awards $300K

      Westfield Bank Future Fund awards $300K

      Westfield Bank is pleased to announce that The Future Fund, the Bank's corporate philanthropy program, has awarded more than $300,000 in grants for 2016, all to local organizations and initiatives that positively impact communities in western Massachusetts and northern Connecticut. Among this year's 51 Future Fund grants were funds distributed to support Boys & Girls Clubs, scouting organizations, Make a Wish, and YMCAs across the region; to aid the Ronald McDonald House of Springfield in providing a home away from home for families for critically ill children; and to help the Willie Ross School for the Deaf hire ...

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    24. PeoplesBank Named to List of ‘Top Ten Banks in Massachusetts’

      PeoplesBank Named to List of ‘Top Ten Banks in Massachusetts’

      AdvisoryHQ has named PeoplesBank to its list of “The Top Ten Banks in Massachusetts” after an extensive review. According to the publication, “the names on this list of banks in Massachusetts are all very distinctive from one another, yet all have many advantages, benefits, and value-creating products and services that make them excellent choices for consumers seeking the very best in financial services.” The bank’s corporate values were highlighted by AdvisoryHQ in its announcement of the list, which noted, “the corporate philosophy of PeoplesBank is a commitment to customers, maintaining corporate responsibility, creating a great place to work, and ...

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      Mentions: Springfield Holyoke
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