1. Articles in category: Financial Services

    1-24 of 330 // 1 2 3 4 ... 12 13 14 »
    1. PeoplesBank Offers Support to Women Business Owners

      Explore BusinessWest (10 hours, 39 min ago)

      PeoplesBank Offers Support to Women Business Owners

      In support of the growth and success of women business owners, PeoplesBank is partnering with WomenUpFront to host a monthly, ongoing roundtable for women who have ownership and leadership responsibility and want to grow toward $1 million in annual revenue.

      (Read Full Article)

      Mentions:   Holyoke

    2. Springfield City Council grants tax incentive for Freedom Credit Union expansion

      Explore masslive.com (Aug 18 2014)

      Springfield City Council grants tax incentive for Freedom Credit Union expansion

      The City Council approved a five-year tax incentive for Freedom Credit Union on Monday that assists its expansion plans in Springfield. Freedom announced a $2.2 million expansion last week, saying it will continue to operate its headquarters at 1976 Main St. while expanding to a building behind that property at 77 Boyleston St. The taxes will continue to be paid on the existing value of the property, with the tax exemption “granted and shall apply only to the new assessed value” of the property for the five year period, under the approved tax-increment financing (TIF) agreement. The exemption on ...

      (Read Full Article)

      Mentions:   Springfield

    3. Freedom Credit Union to announce a $2.2 million downtown expansion

      Explore masslive.com (Aug 12 2014)

      Freedom Credit Union to announce a $2.2 million downtown expansion

      Freedom Credit Union plans to unveil a $2.2 million downtown expansion Tuesday. The credit union is keeping details close to the vest until the announcement Tuesday, Aug. 12 announcement. But Springfield Mayor Domenic J.Sarno is expected to attend a 10:30 a.m. ceremony with Freedom Credit Union CEO Barry F. Crosby.

      (Read Full Article)

      Mentions:   Domenic J. Sarno   Springfield   Northampton

    4. MassMutual establishes $100M venture fund to back tech startups

      Explore bizjournals (Jul 24 2014)

      MassMutual establishes $100M venture fund to back tech startups

      Springfield-based MassMutual announced Thursday that it has formed MassMutual Ventures, a $100 million corporate venture capital firm focused on backing startups and businesses whose technologies could transform core insurance, retirement and asset-management industries. The new fund is managed by Doug Russell, MassMutual’s senior vice president, strategy and corporate development; Eric Emmons, who joined the firm after serving as the head of Siemens Venture Capital North America for the past five years; and Mark Goodman, who founded and managed two technology focused venture capital funds, Terawatt Ventures and Brookline Ventures. The new firm will manage its worldwide investments from its ...

      (Read Full Article)

      Mentions:   MassMutual   Springfield

    5. Change Agent | BusinessWest

      Explore BusinessWest (Jul 15 2014)

      Change Agent | BusinessWest

      Dena Hall was talking about some of the many things that have changed since she was promoted to Western Mass. regional president at United Bank roughly a month ago. She said her phone calls are being returned more frequently and more promptly now. Meanwhile, she’s taking more calls, including some from people who want to know if the attractive positions that once dominated her business card — senior vice president of marketing and community relations and president of the United Bank Charitable Foundation, are “up for grabs.” They are not — she’ll still have those duties.

      (Read Full Article)

      Mentions:   United Bank

    6. Berkshire Bank Provides Grant to MSBDC

      Explore BusinessWest (Jul 9 2014)

      Berkshire Bank Provides Grant to MSBDC

      Berkshire Bank has announced that its foundation has provided a $1,500 grant to support the Massachusetts Small Business Development Center (MSBDC). The grant funds will go directly to support the MSBDC’s business-advisory services and other programs throughout Western Mass. “Berkshire Bank and its foundation have been long-time supporters of the Massachusetts Small Business Development Center,” said Jason Rivera, vice president, Business Banking at Berkshire Bank. “We recognize the vital role the MSBDC plays in assisting small businesses throughout the Commonwealth.”

      (Read Full Article)

      Mentions:   Berkshire Bank   The Massachusetts Small Business Development Center

    7. Hampden Bank names Robert A. Massey COO and Tara G. Corthell CFO | masslive

      Explore masslive.com (Jul 3 2014)

      Hampden Bank names Robert A. Massey COO and Tara G. Corthell CFO | masslive

       Hampden Bank has promoted Robert A. Massey to chief operations officer and Tara G. Corthell as chief financial officer and treasurer of the company and the Bank effective Tuesday, Massey and Corthell have served in numerous leadership roles with the bank.

      (Read Full Article)

      Mentions:   University of Massachusetts   Holyoke Community College   West Springfield

    8. Westfield Bank to move commercial lending team to Springfield | masslive

      Explore masslive.com (Jul 2 2014)

      Westfield Bank to move commercial lending team to Springfield | masslive

      Westfield Bank is preparing to make a move into Springfield at the end of the summer — a change the company says will improve commercial lending opportunities.  Westfield Bank will move its middle market and commercial real estate lending team to a new office on the 23rd floor of Tower Square in downtown Springfield. However, Westfield will not be left behind: The bank’s headquarters will stay in town.  “We’re just growing,” said Marketing Manager Cathy Jocelyn. “So our main office here is quite full.”

      (Read Full Article)

      Mentions:   Springfield   Westfield   Westfield Bank

    9. MassMutual displays $38 million in renovations to its Enfield campus | masslive

      Explore masslive.com (Jun 18 2014)

      MassMutual displays $38 million in renovations to its Enfield campus | masslive

      MassMutual Financial Group hosted an open house Tuesday to show off part of the $38 million in ongoing renovations at its 66-acre Bright Meadow Boulevard Campus.  The Enfield project includes $15 million in renovations to the entrance, lobby, meeting rooms, call center and other interior spaces and $23 million for what the company described as a state-of-the-art data center capable of also providing backup electricity for much of the campus. It's all home to MassMutual's retirement services and workplace insurance business.  'It's exciting when you see something come together,' said Roger Crandall, chairman, president and CEO of ...

      (Read Full Article)

      Mentions:   MassMutual   Elaine Sarsynski   Springfield

    10. MassMutual Donates $155,000 on Behalf of Financial Professionals

      Explore BusinessWest (Jun 17 2014)

      MassMutual has awarded $155,000 to eligible nonprofit organizations through its annual Community Service Awards (CSA) program. The awards are given on behalf of MassMutual financial professionals who demonstrate outstanding commitment to nonprofit organizations in their local community. New this year, MassMutual has increased its giving to include six $5,000 Silver awards in addition to its usual 10 $10,000 Gold awards and a top $25,000 Platinum award. “At MassMutual, we are proud of the significant impact our financial professionals have on their communities. What better way to encourage more of them to volunteer than to recognize those ...

      (Read Full Article)

      Mentions:   MassMutual   Springfield   Nick Fyntrilakis

    11. Doug Bowen, PeoplesBank Earn Community Bank Hero Award

      Explore BusinessWest (Jun 5 2014)

      Doug Bowen, PeoplesBank Earn Community Bank Hero Award

      Banker & Tradesman has named Douglas Bowen, president and CEO of PeoplesBank, a Community Bank Hero. In awarding that honor, the publication said it goes to individuals who show “an exceptional dedication to service and investment in their community.” Bowen and the others were recognized at a special reception to honor those in the industry who have gone above and beyond to better their organization and their community. Since becoming president and CEO of PeoplesBank in 2007, Bowen and his leadership team have led a culture change at the bank.

      (Read Full Article)

      Mentions:   Holyoke   Douglas A Bowen

    12. United Bank announces departure of J. Jeffrey Sullivan having completed merger with Rockville Bank | masslive

      Explore masslive.com (Jun 3 2014)

      United Bank announces departure of J. Jeffrey Sullivan having completed merger with Rockville Bank | masslive

      J.Jeffrey Sullivan, a president and member of the board of directors at United Bank, is leaving the company, United Bank announced Monday .  United Bank recently completed its $369 million merger with Glastonbury-based Rockville Bank. The merged company took the United name, is chartered in Connecticut and is under the leadership of William H.W. Crawford, IV, CEO of United Bank and United Financial Bancorp, Inc. and formerly of Rockville Bank.  The news release said Sullivan is leaving the United Bank to pursue other professional interests.

      (Read Full Article)

      Mentions:   West Springfield   Springfield   Westfield

    13. MassMutual looking for students to participate in Summer Legal Institute | masslive.com

      Explore masslive.com (May 15 2014)

      MassMutual looking for students to participate in Summer Legal Institute | masslive.com

      Massachusetts Mutual Life Insurance Company, MassMutual ,is looking for high school students, and 8th graders heading into high school, to participate in the second year of its Springfield Summer Legal Institute, a week-long program meant to give students a look at the legal profession.  The program runs July 7 through July 11 at the Western New England University Law Center, is free and open to students from Springfield, Enfield and a few surrounding towns, said Patrice Sabach a MassMutual lawyer who is managing the program this year. She said MassMutual has 25 students signed up already for 45 slots.

      (Read Full Article)

      Mentions:   MassMutual   Western New England University   Springfield

    14. Florence Savings Bank starts work on new Hadley branch | masslive.com

      Explore masslive.com (May 9 2014)

      Florence Savings Bank starts work on new Hadley branch | masslive.com

      Florence Savings Bank was represented by John F. Heaps, Jr., president and CEO; Sharon M. Rogalski, senior vice president/senior retail executive; Toby L. Daniels, vice president/Hadley branch manager; Monica Curhan, senior vice president/marketing director; Joseph G. Traczynski, senior vice president/senior lending executive; Kevin R. Day, senior vice president/chief financial officer; Diane M. Gould, senior vice president/HR/strategic planning/project management director; and Mark Cavanaugh, vice president/facilities director. They were joined by several of the bank's directors including David Alvord, John E. Ebbetts, and Chairman Robert F. Borawski.

      (Read Full Article)

      Mentions:   Florence Savings Bank

    15. Westfield Bank reports net income of $1.8 million in first quarter

      Explore masslive.com (May 7 2014)

      Westfield Financial Inc. the holding company for Westfield Bank, reported net income of $1.6 million, or 9 cents per diluted share, for the quarter ended March 31compared with $1.8 million, or 8 cents per diluted share, for the quarter ended March 31, 2013.

      (Read Full Article)

      Mentions:   Westfield   Westfield Bank

    16. Hampden Bank reports record earnings

      Explore masslive.com (May 7 2014)

      Hampden Bank reports record earnings

      Hampden Bancorp, Inc. which is the holding company for Hampden Bank announced the results of operations for the three and nine months ended March
      31. Core net income increased by $1.1 million, or 49 percent , to $3.5 million for the nine months ended March 31, 2014, or fully diluted core earnings per share of 65 cents as compared to $2.4 million, or fully diluted core earnings per share of 45 cents for the same period in 2013. For the nine months ended March 31, 2014, net income increased to $3.2 million, or earnings per share of ...

      (Read Full Article)

      Mentions:   Springfield   Hampden Bank

    17. Hampden Bank wins award from MassHousing

      Explore masslive.com (Apr 16 2014)

      Hampden Bank wins award from MassHousing

      Hampden Bank recently received an award for Best Overall Performance by a bank from the MassHousing agency.  This recognition, reserved for those Massachusetts banks dedicated to providing loans to low-income borrowers, was recently presented at the annual MassHousing awards ceremony in Boston, Massachusetts. Hampden Bank also received recognition in several other categories, including top producer, most loans made to low-income borrowers, second most loans in Hampden County and second most loans to minority borrowers statewide.

      (Read Full Article)

      Mentions:   Hampden Bank

    18. Florence Savings Bank contributes $2,5000 to Forbes Library

      Explore masslive.com (Apr 14 2014)

      Florence Savings Bank contributes $2,5000 to Forbes Library

      Florence Savings Bank has donated $2,500 to the Forbes Library in Northampton, in memory of the Bank’s past President and CEO Ed Morin. Bank President and CEO John F. Heaps, Jr. made the announcement at the Bank’s recent Customers’ Choice Community Grants Program Awards Ceremony, held at the Northampton Senior Center. During the ceremony, Heaps recalled the life and accomplishments of his predecessor, who recently passed away. Also present at the ceremony were Scott Morin, Ed Morin’s son, and Forbes Library Director Janet Moulding.

      (Read Full Article)

      Mentions:   Northampton   Florence Savings Bank

    19. United Bank in West Springfield, Rockville Bank in Connecticut get merger approval

      Explore masslive.com (Mar 31 2014)

      United Bank in West Springfield, Rockville Bank in Connecticut get merger approval

      Rockville Bank and United Bank have secured regulatory approval from the Massachusetts Board of Bank Incorporation of their application to merge, the banks announced Monday. Rockville Bank is headquartered Glastonbury, Connecticut and United Bank is of West Springfield,. Rockville Financial, Inc. and United Financial Bancorp have received all regulatory approvals required for their merger of equals to proceed, including from the Federal Deposit Insurance Corporation, Board of Governors of the Federal Reserve System, the Connecticut Department of Banking and now the Massachusetts Board of Bank Incorporation, according to a news release.

      (Read Full Article)

      Mentions:   West Springfield   Springfield   United Bank

    20. PeoplesBank hosts "Stay Discussion" human resources seminar

      Explore masslive.com (Mar 28 2014)

      PeoplesBank hosts "Stay Discussion" human resources seminar

      Maintaining a healthy work-life balance, keeping personnel energized, and supporting their interests and goals are all critical for retaining high-performing employees. PeoplesBank is asking employers to join the bank's Executive Vice President & Chief Human Resources Officer Janice Mazzallo from 8 to 9:30 a.m. April 3 at the bank's Conference Center, 330 Whitney Ave. second floor, Holyoke.

      (Read Full Article)

      Mentions:   Holyoke

    21. MassMutual named a 2014 World’s Most Ethical Company

      Explore masslive.com (Mar 20 2014)

      MassMutual named a 2014 World’s Most Ethical Company

      Massachusetts Mutual Life Insurance Co. announced today that it has been recognized by the Ethisphere Institute, an independent center of research promoting best practices in corporate ethics and governance, as a 2014 World’s Most Ethical Company. This is the first time that MassMutual has been honored with this award, which recognizes organizations that continue to raise the bar on ethical leadership and corporate behavior. World’s Most Ethical Company honorees understand the correlation between ethics, reputation and daily interactions with their brand and that the award belongs as much to their associates as it does to them.

      (Read Full Article)

      Mentions:   MassMutual   Springfield

    22. MassMutual Brings Three Experts in Diversity Onboard to Better Serve Multicultural Marketplace

      Explore Market News, Real (Mar 13 2014)

      MassMutual Brings Three Experts in Diversity Onboard to Better Serve Multicultural Marketplace

       Massachusetts Mutual Life Insurance Company (MassMutual) announced that three new professionals are playing major roles in the Diversity & Inclusion and Multicultural Market Development, furthering the company's growing leadership presence in that field. Kate Karasmeighan, Supplier Diversity Consultant, is driving the company's supplier diversity strategy. Prior to coming to MassMutual, Karasmeighan held positions with the Gay & Lesbian Victory Fund and Institute and led the National Gay & Lesbian Chamber of Commerce's (NGLCC) interactions between the national, Washington DC-based organization and more than 45 state and local GLBT chambers of commerce. Karasmeighan reports to Megan Nolan, Assistant Vice President of ...

      (Read Full Article)

      Mentions:   MassMutual   Springfield

    23. Florence Savings Bank provides grants to 25 agencies in annual Customers' Choice program

      Explore masslive.com (Mar 11 2014)

      Florence Savings Bank provides grants to 25 agencies in annual Customers' Choice program

      Moments before she approached bank president John Heaps to tell him herself, Lilly Lombard, executive director of Grow Food Northampton, said, "We are incredibly grateful for the bank's generosity and all the customers who demonstrate their loyalty. Florence Savings Bank is a model for other banks in the community." A total of $75,059 was distributed, including a $500 surprise award received by the Granby Booster Club through a random drawing at the event. Community members who benefit from these awards include school students, seniors and those who access services from area social service agencies. Heaps also announced to ...

      (Read Full Article)

      Mentions:   Springfield   Amherst   Northampton

    24. MassMutual Financial Group releases 2013 results

      Explore masslive.com (Feb 27 2014)

      MassMutual Financial Group releases 2013 results

      MassMutual Financial Group reported financial results Wednesday that reflected the largest acquisition in the Springfield-based company's history.  MassMutual has an estimated dividend payout for 2014 of $1.49 billion to eligible participating policy owners. That reflects a dividend interest rate of 7.1 percent on eligible participating life insurance policies, according to a news release.  In 2013, the dividend totaled $1.379 billion, MassMutual said.  Net gain from operations before policy owner dividends and taxes – the company’s primary earnings measure as a mutual company – was $1.8 billion compared to $2.1 billion the year before, according to ...

      (Read Full Article)

      Mentions:   MassMutual   Springfield

    1-24 of 330 // 1 2 3 4 ... 12 13 14 »