1. Articles in category: Financial Services

    1-24 of 344 // 1 2 3 4 ... 13 14 15 »
    1. Springfield on the rise: Freedom Credit Union moves into new downtown operations center | masslive

      Explore masslive.com (21 hours, 42 min ago)

      Springfield on the rise: Freedom Credit Union moves into new downtown operations center | masslive

      Freedom Credit Union is moving employees into its new 12,000-square-foot operations center at 77 Boylston St., behind its main offices on Main Street as it grows in a changing marketplace for loans and saving and checking accounts.  The new office space, located in a former Hampden County Physician Associates location, cost $2.1 million including purchase of the property, Freedom Credit Union President and CEO Barry F. Crosby said.

      (Read Full Article)

      Mentions:   West Springfield   Springfield

    2. United Bank announces earnings of 3 cents per share with merger expense; stock takes tumble | masslive

      Explore masslive.com (Jan 28 2015)

      United Bank announces earnings of 3 cents per share with merger expense; stock takes tumble | masslive

      United Bank announced financial results Tuesday reflecting its expenses from merging with Rockville Bank and from the planned closure of branches both in Massachusetts and Connecticut.  United Bank, which kept United's name but has Rockville's corporate structure, had net income of $1.4 million, or 3 cents per share, for the quarter ended December 31, 2014. This is compared to Rockville’s net income of $1.8 million, or 7 cents per share, for the quarter ended December 31, 2013

      (Read Full Article)

      Mentions:   West Springfield   Northampton   United Bank

    3. UMass Five College Credit Union opens branch at Mercy Medical Center in Springfield | masslive

      Explore masslive.com (Jan 22 2015)

      UMass Five College Credit Union opens branch at Mercy Medical Center in Springfield | masslive

      UMassFive College Federal Credit Union has opened a branch at Mercy Medical Center in Springfield following the credit union's merger with the Credit Union of the Providence System.  The branch is at the Mercy Medical Center at the Weldon Rehabilitation Hospital in Springfield, at 233 Carew Street in Room 110.

      (Read Full Article)

      Mentions:   University of Massachusetts   Springfield   Amherst

    4. Girls Who Code comes to Springfield to get young women interested in technology careers | masslive

      Explore masslive.com (Jan 20 2015)

      Girls Who Code comes to Springfield to get young women interested in technology careers | masslive

      MassMutual is bringing Girls Who Code, a national group aiming to bring more young women into lucrative tech careers, to Springfield this summer.  It is the first time Girls Who Code will be in Springfield. The program is expanding 19 seven-week summer immersion programs that served 375 girls in 2014 to 60 programs reaching 1,200 girls in 2015.

      (Read Full Article)

      Mentions:   MassMutual   Springfield

    5. Berkshire Bank announces 30 scholarships | masslive

      Explore masslive.com (Jan 8 2015)

      Berkshire Bank announces 30 scholarships | masslive

      Berkshire Bank has announced it will honor 30 high school seniors in Massachusetts, New York, Connecticut and Vermont through its annual Scholarship Awards Program.
      The Program will award $45,000 in total scholarship dollars to students who have demonstrated community service through their volunteer efforts, have been successful academically and have a financial need. Additionally, students must attend a high school that is located in a community with a Berkshire Bank office or in a community primarily served by a Berkshire Bank office.

      (Read Full Article)

      Mentions:   Berkshire Bank

    6. PeoplesBank named a Top Place to Work by the Boston Globe | masslive.com

      Explore masslive.com (Dec 4 2014)

      PeoplesBank named a Top Place to Work by the Boston Globe | masslive.com

      The Boston Globe recognized PeoplesBank as a Top Place To Work for the third year in a row. Massachusetts-based companies that are eligible for Top Place To Work consideration undergo a rigorous evaluation by survey firm WorkplaceDynamics.

      (Read Full Article)

    7. Florence Bank opens new Hadley office at 377 Russell Street | masslive

      Explore masslive.com (Nov 18 2014)

      Florence Bank opens new Hadley office at 377 Russell Street | masslive

      Florence Bank CEO John F. Heaps, Jr. and Bank officials were joined by Massachusetts State Senator Majority Leader Stan Rosenberg, State Representative John Scibak, Town of Hadley Town Administrator David Nixon, and Amherst Chamber Executive Director Don Courtemanche, along with customers, friends and supporters who turned out to welcome the Bank to its new home

      (Read Full Article)

      Mentions:   Amherst   The Republican   Don Courtemanche

    8. Berkshire Bank, soon to take over Hampden Bank, thinks of itself as a bigger hometown bank, not the dreaded "big bank" | masslive

      Explore masslive.com (Nov 6 2014)

      Berkshire Bank, soon to take over Hampden Bank, thinks of itself as a bigger hometown bank, not the dreaded "big bank" | masslive

      With $7.1 billion in assets, Pittsfield-based Berkshire Bank sounds pretty big, especially to someone used to dealing with Hampden Bank and its $700 million in assets.  But as, Michael P. Daly, president and chief executive officer of Berkshire Bank said, Berkshire regularly competes in the Greater Springfield market with banks that have $100 billion in assets.  'Many of them don't even have headquarters in the United States,' he said. 'We are a regional bank. But we are still a local bank.'

      (Read Full Article)

      Mentions:   Berkshire Bank   Springfield   Northampton

    9. MassMutual announces $1.6 billion dividend, maintains dividend interest rate of 7.10 percent | masslive

      Explore masslive.com (Nov 3 2014)

      MassMutual announces $1.6 billion dividend, maintains dividend interest rate of 7.10 percent | masslive

      MassMutual, announced Monday an estimated dividend payout of $1.6 billion for 2015.  It is the third consecutive year of record dividends at Springfield-based Massmutual. That works out to an interest rate of 7.10 percent paid to eligible permanent life insurance policies and annuities. The rate was also 7.10 percent a year ago.  Of the estimated $1.6 billion dividend payout, an estimated $1.55 billion has been approved for eligible participating policyowners who have purchased whole life insurance, MassMutual said.

      (Read Full Article)

      Mentions:   MassMutual   Springfield

    10. United Bank releases first quarterly earnings report post-merger | masslive

      Explore masslive.com (Oct 27 2014)

      United Bank releases first quarterly earnings report post-merger | masslive

      United Financial Bancorp, parent company of United Bank, announced a net income of $10 million for the quarter ending Sept. 30.  It was the first set of financial results announced after united Bank's $369 million merger with Connecticut's Rockville Bank became official.  the combined bank took United's name, is headquartered in Connecticut and headed by Rockville's former CEO. net income was 19 cents per share, for the quarter ended September 30, 2014, compared to Rockville's net income of $4.6 million, or 18 cents pershare, for the quarter ended September 30, 2013.  Operating net income ...

      (Read Full Article)

      Mentions:   West Springfield   United Bank

    11. First Niagara Bank branches in Chicopee, West Springfield among 17 company plans to close in new year | masslive

      Explore masslive.com (Oct 20 2014)

      First Niagara Bank branches in Chicopee, West Springfield among 17 company plans to close in new year | masslive

      Two First Niagara Bank branches in Western Massachusetts will be closed in early 2015, as the Buffalo, New York-based financial company tweaks its business model amid changing preferences of the banking public.  According to First Niagara, which currently operates more than 400 branches in four states, the growing number of customers who are using online and mobile banking helped lead to the decision to close 17 branches and two drive-thru service centers in January 2015.

      (Read Full Article)

      Mentions:   West Springfield   Springfield   Chicopee

    12. Across the Generations

      Explore BusinessWest (Sep 29 2014)

      Across the Generations

      Rebecca Caplice laughed when asked whether Greenfield Savings Bank had seen growth of its online and mobile services among younger customers.  “You’d be surprised at the acceptance across the board,” said Caplice, the bank’s president. “My father is 87 years old, and he’s on Facebook and Twitter every day. It’s really not just young people asking for these things; we are all attached to those mobile devices. I can hardly remember what it was like when someone in a group of people had a question, and no one knew the answer. Now we just look it ...

      (Read Full Article)

      Mentions:   Greenfield   Greenfield Savings Bank

    13. Editorial: MassMutual's policies continue to win it distinction as an excellent place to work

      Explore masslive.com (Sep 24 2014)

      Editorial: MassMutual's policies continue to win it distinction as an excellent place to work

      “The MassMutual community is proud of the recognition that our women- and mother-friendly practices have consistently received from Working Mother,” said Deb Palermino, executive vice president of human resources at MassMutual. Anything companies can do to make their environments more hospitable to mothers (and fathers) who wish to work will help boost the earning power and financial stability of families. Offering on-site day care, flexible schedules and generous maternity leave policies allow mothers to re-enter or stay in the corporate work force where they might have been squeezed out by rigid policies. Some of these steps, admittedly, are expensive. Others ...

      (Read Full Article)

      Mentions:   MassMutual   Springfield

    14. Freedom Credit Union wins state approval for Springfield expansion project - The Republican

      Explore masslive.com (Sep 24 2014)

      Freedom Credit Union wins state approval for Springfield expansion project - The Republican

      Freedom Credit Union's plans to create a $2.2 million consolidated back office operation in Springfield's North End  got a boost this week from a state economic development agency. The Massachusetts Economic Assistance Coordinating Council has approved a five-year Tax Increment Financing or TIF agreement valued at $90,100 first approved by the City of Springfield.

      (Read Full Article)

      Mentions:   Springfield   The Republican

    15. PeoplesBank Offers Support to Women Business Owners

      Explore BusinessWest (Sep 2 2014)

      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

    16. 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

    17. 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

    18. 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

    19. 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

    20. 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

    21. 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

    22. 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

    23. 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

    24. 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

    1-24 of 344 // 1 2 3 4 ... 13 14 15 »