United Financial Bancorp, Inc. (Nasdaq: UBNK) and CNB Financial Corp. (OTC Bulletin Board: CFNA) announced today that United Financial Bancorp has received regulatory approval to acquire CNB Financial. The merger is anticipated to close on or about November 30, 2009.
(Springfield, MA) - Massachusetts Mutual Life Insurance Company (MassMutual) today announced it has approved an estimated payment of $1.23 billion in dividends to eligible participating policyholders in 2010. The total dividends for 2010, approved by MassMutual’s Board of Directors, include a dividend interest rate of 7.0 percent on new eligible participating life insurance policies1 and reflects the company’s continued strong financial position
Massachusetts Mutual Life Insurance Co.’s insurance financial strength ratings were downgraded to “Aa2” from “Aa1” by Moody’s Investors Service, which said substantial investment losses played a factor.
Aid offered to downtown SpringfieldMassLive.comThe Western Massachusetts Enterprise Fund, an agency that provides loans for small businesses, is administering the program. Potential applicants are asked ...and more »
Good economic news is hard to come by in Springfield these days. But there was good news on two fronts this week – and that’s worth celebrating. Heating and plumbing distributor F. W. Webb is moving to the Smith &...
The EDC would like to congratulate the City of Springfield for two solid economic development announcements this week. The first announcement was that plumbing supplier F.W. Webb will purchase 14 acres in the Smith & Wesson Industrial Park to build a two-phase distribution center at a total investme
There are early signs that Massachusetts is beginning to emerge from this harsh economic downturn and that we are poised to do so faster and stronger than much of the rest of the country. To keep making progress, there are some old habits that we must begin to break.
Economic Strategic Plan to map Connecticut's financial future ...Town TimesBuilding the New Haven-Hartford-Springfield, Massachusetts, commuter rail line, then adding a spur to Bradley International Airport in Windsor Locks. Gov. ...and more »
SPRINGFIELD, Mass., Sept 22, 2009 /PRNewswire via COMTEX/ -- Massachusetts Mutual Life Insurance Company (MassMutual) announced today it has been named one of the 2009 Working Mother 100 Best Companies, a recognition of its commitment to provide ...
Frank A. Mancini, president and chief executive officer of the Massachusetts Association of Insurance Agents in Milford, still remembers asking a room full of insurance professionals if they got into the industry by accident instead of by design.
Nationally, the unemployment rate in the financial sector is 5.3 percent. In Massachusetts, the rate is 6.4 percent, and in Hampden County, 5.4 percent compared with a seasonally-adjusted unemployment rate of 8.0 percent for all industries, Picard said.