1. Articles in category: Financial Services

    25-48 of 475 « 1 2 3 4 5 ... 18 19 20 »
    1. Baker, Neal, Boston Fed president headline Outlook gathering

      Baker, Neal, Boston Fed president headline Outlook gathering

      The Springfield Regional Chamber of Commerce expects 650 attendees at the MassMutual Center Friday to hear Boston Fed President Eric Rosengren, U.S. Rep. Richard E. Neal, D-Springfield, and Gov. Charlie Baker offer their perspectives on the state of business in the commonwealth. The chamber's Outlook 2018 luncheon is sold out, the chamber said Wednesday. Rosengren's office said Wednesday that he will also meet Friday with Springfield Works, a Springfield workforce development plan funded through the Federal Reserve Bank of Boston's Working Cities Challenge project.

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    2. How did MassMutual and the state work out deal for Springfield expansion?

      How did MassMutual and the state work out deal for Springfield expansion?

      MassMutual executives had already decided to vacate and sell their Connecticut campus before they received a $46 million incentive package from the state of Massachusetts to consolidate in Springfield. Executives at the insurance giant also told this state's top economic development official that the 1,500 jobs just south of the border in Enfield -- and their $100,000-a-year salaries -- could have gone to North Carolina or Tennessee instead. Massachusetts officials spent months convincing MassMutual to keep those jobs in Greater Springfield and to expand in Massachusetts, according to documents obtained by The Republican through a public records request.

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    3. PeoplesBank's 'Innovation Series' videos spotlight entrepreneurs in Pioneer Valley | masslive.com

      PeoplesBank's 'Innovation Series' videos spotlight entrepreneurs in Pioneer Valley | masslive.com

      When Joseph Skinner and other civic leaders in Holyoke set out more than a century ago to establish the mutual savings bank that would become PeoplesBank, they exemplified the true spirit of collaboration and innovation.  Fast forward to 2018, and PeoplesBank holds true to those tenets as it continues its founders' mission.  'One of the reasons we are thriving is because of that collaboration and that connection to the community,' says Thomas Senecal, president and CEO of Peoples Bank. 'As a mutual institution, that's exactly what it was. Joseph Skinner got together a group of people who formed a ...

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      Mentions: Holyoke
    4. Westfield Bank takes stock, eyes growth after merger

      Westfield Bank takes stock, eyes growth after merger

      Sometimes bank mergers mean fewer branches, with locations closed or consolidated in the name of eliminating redundancy. But Westfield Bank and Chicopee Savings didn't close any locations in their $110 million merger. The deal, which created a larger Westfield Bank, became official in October 2016. Westfield Bank completed the transition and changed signs on all the branch locations in December of that year.

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    5. People in Business: Michael E. Tucker has been named a Class A Director of the Federal Reserve Bank of Boston

      People in Business: Michael E. Tucker has been named a Class A Director of the Federal Reserve Bank of Boston

      Michael E. Tucker has been named a Class A Director of the Federal Reserve Bank of Boston. Tucker is president, chief executive officer, and director of Greenfield Cooperative Bank and its parent company, Greenfield Bancorp MHC, a position he has held since 2003. A lawyer by training, Tucker began his career at the Springfield Institution for savings, where he later served as senior vice president and general counsel.

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    6. UnitedBank opens new downtown Springfield branch at Monarch Place

      UnitedBank opens new downtown Springfield branch at Monarch Place

      Saying it wanted a presence in the heart of Springfield's financial district, United Bank opened its new branch Monday in the Monarch Place office and hotel tower at Main Street and Boland Way in Springfield. Monday was the first day of operations at the new branch office. The bank's former downtown Springfield office a few blocks away on State Street has already closed.

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    7. Berkshire Hills Announces Employee and Community Investments - BusinessWest

      Berkshire Hills Announces Employee and Community Investments - BusinessWest

      “Berkshire’s unique culture is built on the recognition that our employees are our most important asset,” CEO Mike Daly said. “As an organization, we believe that taking care of our employees leads to more satisfied customers, healthier communities, and higher returns to shareholders. We’re pleased to have the opportunity to further reward the team for their hard work and dedication to our customers, while also investing in their long-term professional development and furthering our overall commitment to the communities we serve.”

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    8. Berkshire Bank Launches $52,500 Scholarship Program

      Berkshire Bank Launches $52,500 Scholarship Program

      Berkshire Bank announced it will honor 35 high-school seniors across Massachusetts, New York, Connecticut, Vermont, New Jersey, and Pennsylvania for their volunteer service with Berkshire Bank scholarships. The scholarships recognize students who excel academically, have a financial need, and share the bank’s commitment to community service. Additionally, students must attend a high school that is located in a county with a Berkshire Bank or Commerce Bank office. The recipients will share in $52,500 in scholarship funds.

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      Mentions: Berkshire Bank
    9. PeoplesBank’s Culture Is a Big Key to Its Success

      PeoplesBank’s Culture Is a Big Key to Its Success

      PeoplesBank was in news again recently, bringing more ‘top employer’ honors, this time from both the Boston Globe, again, and the Employers Assoc. of the NorthEast, also again. While the awards are newsworthy, the real story is what’s behind them, a culture of employee engagement. In a roundtable discussion, some bank leaders talk about this culture and how other businesses can create one of their own.

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    10. Peoples United Relocates Office, Names New Manager

      Peoples United Relocates Office, Names New Manager

      Jim Curran was asked about the heightened state of competition within the commercial-lending realm in Western Mass. and how People’s United Bank is responding to this changing landscape.  He began his answer by noting that, while conditions in this region are perhaps somewhat more competitive than they were when he first started working in this market more than 30 years ago, the reality is that there have always been a lot of strong competitors for People’s United, formerly the Bank of Western Mass.

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    11. Summer opening eyed for $1 million bankESB in Holyoke

      Summer opening eyed for $1 million bankESB in Holyoke

      BankESB officials expect to open by summer a branch under construction at Sargeant and Beech streets in a $1 million project that will provide seven to eight new jobs, a spokeswoman said Wednesday. "We believe strongly in the future of the city and we're excited to be a part of that progress forward," President and CEO Matthew S. Sosik said in a press release. A groundbreaking was held on Oct. 31 and construction should be done and the branch open in the summer. An exact date has yet to be determined, said Cara M. Del Tatto, bankESB interactive marketing ...

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    12. Springfield's historic Hampden Savings Bank building once again for sale

      Springfield's historic Hampden Savings Bank building once again for sale

      The onetime headquarters of Hampden Savings Bank at 1665 Main St. in downtown Springfield is once again for sale. The 1,800-square-foot space was built by the bank, now part of Berkshire Bank, 99 years ago for $100,000 -- nearly $2 million in today's money. It is on the National Register of Historic Places. Most recently it was the law office of Barry Kaufman, and before that it was the office of him and his father, Kaufman & Kaufman. The building has housed law offices since 1965, Barry Kaufman said.

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    13. United Bank Steps Up Its Presence in Downtown Springfield

      United Bank Steps Up Its Presence in Downtown Springfield

      On paper — and on a map — it’s only a few blocks, really. But United Bank’s relocation of its office in downtown Springfield, from the corner of Main and State streets to the front of Monarch Place, constitutes a major move in all other respects. The new address — formerly home to a Bank of America branch that closed its doors several months ago — is projected to bring everything from much greater visibility to significantly higher foot traffic, to a likely surge in commercial-side market share as business owners based in the center of downtown take advantage of another bank ...

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    14. Ameriprise of South Hadley Relocates, Changes Name, Expands Team

      Stephen Duval, a private wealth advisor with Ameriprise Financial Services Inc., recently announced he has moved his practice to a new location at 551 Newton St. and changed its name to Summit House Wealth Partners. Duval has also expanded his team of financial advisors by one. A certified financial planner, Duval moved his office in June from 130 College St., and colleague Justin Osowiecki, a financial advisor, made the transition with him. At the same time, Duval partnered with Edward Boscher, who is also now serving clients as a Summit House Wealth Partners financial advisor.

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    15. Florence Bank begins push into Hampden County with grand opening of new West Springfield branch (photos)

      Florence Bank begins push into Hampden County with grand opening of new West Springfield branch (photos)

      If Florence Bank had built its newly opened West Springfield office a decade ago instead of in 2017, it would have been three times bigger than its 1,100 square feet. The bank of a decade ago would have needed teller lines and counter space for the types of routine day-to-day transactions many bank customers do online or through handheld apps, said Florence Bank President and CEO John F. Heaps.  "Now we have a branch where five people run the whole office, and they do everything," Heaps said.

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    16. MSB to Hold Free Workshop on Small-business Retirement Plans

      MSB to Hold Free Workshop on Small-business Retirement Plans

      Monson Savings Bank will host a complimentary workshop titled “Small-business Retirement Plans” on Tuesday, Sept. 19 from 5:30 to 7 p.m. at the bank’s corporate office, 107A Main St., Monson. It is free and open to the public, and refreshments will be served. The workshop will be presented by Phil Hahn, regional vice president of Security Benefit. Through a combination of innovative products, strong investment management, and a unique distribution strategy, Security Benefit has become a leader in the U.S. retirement market. Attendees will learn what the state of the retirement plan market is, defined benefit ...

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    17. United Bank Foundation Supports JA’s Financial-literacy Efforts

      United Bank Foundation Supports JA’s Financial-literacy Efforts

      Junior Achievement of Western Massachusetts announced that it received a $10,000 grant from the United Bank Foundation to bring financial-literacy programs to students in East Longmeadow, Westfield, West Springfield, and Springfield. The programs will teach students concepts related to budgeting, saving, and money management with the intent of promoting the development of good financial habits. The partnership includes the involvement of volunteers from United Bank to help deliver the programs to students.

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    18. Chicopee Savings Foundation Supports Dress for Success Boutique

      Chicopee Savings Foundation Supports Dress for Success Boutique

      The Chicopee Savings Bank Charitable Foundation recently presented Dress for Success of Western Massachusetts with a donation of $1,000 to support its boutique operations. “Dress for Success provides a tremendous service to women in our community who are working toward achieving financial independence,” said William Wagner, president of Chicopee Savings Bank Charitable Foundation. “We are very pleased to offer our support to this important work.”

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    19. Planning for Small Business Growth: Strategies to Hit the Next Level

      After creating your business plan, raising capital, and opening your doors, your next task is to make a profit. But once the money is coming in and your operation is sustaining itself, you want to start thinking about growth. How do you achieve growth? The answer is to plan for it, and it is never too early to start, said Jay Seyler, vice president of Business Banking at PeoplesBank.

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      Mentions: Holyoke
    20. Berkshire Bank Lends Support to Square One

      Berkshire Bank Lends Support to Square One

      Square One was awarded $10,000 by Berkshire Bank in support of its Adopt-a-Classroom program. “We are excited to continue our ongoing support of Square One’s Adopt-a-Classroom initiative program,” says Jim Hickson, senior vice president, commercial regional president. “Berkshire Bank is committed to making a difference in the lives of local children and their families.”

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    21. PeoplesBank Hosts Free Business-improvement Webinars

      PeoplesBank Hosts Free Business-improvement Webinars

      Based on the success of its live seminar series, PeoplesBank has launched a free lunchtime business-improvement webinar series. The series will feature bank experts who will present topics related to improving and protecting business operations, including protecting data and managing vendor risk. The seminars are designed for business owners and management and operations professionals. Each of the Friday webinars will be offered live and will start at noon. The webinars are:

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      Mentions: Holyoke
    22. Florence Bank Makes Its Move into Hampden County

      Florence Bank Makes Its Move into Hampden County

      After recording impressive growth during his 22-year tenure as president, John Heaps Jr. says Florence Bank is ready to take the next strategic step, by opening its first branch in Hampden County later this summer. The move comes at an opportune time, he said — a time when many Greater Springfield banks are being bought up and merging with institutions based well outside the region. A community-focused bank like Florence, he believes, is well-positioned to fill the gap.

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    23. MassMutual sells Chicopee conference center; new owner plans psychiatric hospital

      MassMutual sells Chicopee conference center; new owner plans psychiatric hospital

      MassMutual plans to sell its MassMutual Learning and Conference Center facility at 350 Memorial Drive, and the new owner plans to return the facility to its former use as a psychiatric hospital. The 12.2-acre property near the Massachusetts Turnpike was Charles River Hospital West before the Springfield-based insurance giant bought it and converted it into a place that includes banquet facilities, hotel rooms and 160 parking spaces for MassMutual to hold business meetings and occasional community events.

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    25-48 of 475 « 1 2 3 4 5 ... 18 19 20 »
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