1. Articles in category: Financial Services

    385-408 of 543 « 1 2 ... 14 15 16 17 18 19 20 ... 21 22 23 »
    1. EDC Assesses Regional Competitiveness

        The EDC commissioned CWS Consulting Group to assess ten regional industry sectors for growth and investment potential. CWS used the western Mass section of a 2008 statewide study by Moran Stahl & Boyer commissioned by the Massachusetts Alliance for Economic Development (“MassEcon”) as its starting point and assessed changes and opportunities that have arisen since then. This study achieved two objectives for us. It addressed our competitiveness against a regional peer group and it helped us improve our understanding of the internal workings of the sectors as part of our Homefield Advantage program. The study identified regional competitive advantages in the ...
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    2. MassMutual Retirement Services' Participant Website Named "Outstanding Website" by the Web Marketing Association

      Together, Acsys and MassMutual created a more visually engaging, brand-enhancing online experience consistent with MassMutual's level of service excellence. In addition to the ability to fully manage their retirement plan accounts online, the website provides analysis tools, 'what if' scenarios, and access to retirement resources to help participants stay on target. Other highlights of the website include links to free online seminars, best-selling author Farnoosh Torabi's tips on finance, and many more retirement resources and tools.
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    3. MassMutual Retirement Services Expands Team to Support Nonprofit Sales Growth

      The MassMutual Retirement Services Division further strengthens its focus in the nonprofit retirement plan market with the additions of Carl Steinhilber and Roderick Toppin. Both Steinhilber and Toppin will focus on further expanding the company's success in the nonprofit market by providing product, investment, market and technical expertise for the company's distribution channel relationships and customers in that market.
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    4. Bank of America Helps More Small Businesses Through New Loans, Increased ...

      Among the CDFIs that have leveraged these grants is the Western Massachusetts Enterprise Fund in Holyoke, Mass., which has extended loans to several local businesses, including a fitness center, an architectural firm, an animal chiropractic office, an antique furniture store and a beauty salon.
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    5. Legacy of Growth

      Legacy of Growth
      Sean Gray says Berkshire Bank has become adept at mergers in recent years — not only executing them, but choosing the right ones. “Acquisition is one of our core competencies. We’re very focused on growth,” said Gray, executive vice president of retail banking for the Pittsfield-based institution. Indeed, late last month, Berkshire Hills Bancorp Inc., the bank’s parent company, completed the acquisition of Legacy Bancorp Inc., also based in Pittsfield, and merged the two banks under the Berkshire Bank banner. The deal leaves Berkshire Hills with more than $4 billion in assets and a branch network of 63 locations ...
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      Mentions: Berkshire Bank
    6. To a Higher Plane

      To a Higher Plane
      Like all financial institutions in the region, Chicopee Savings Bank is struggling to grow in a challenging environment marked by historically low interest rates, razor-thin margins, and unparalleled competition. Despite the hurdles, the institution has managed to grow market share, increase deposits, and, in general, position itself for when there is less turbulence.
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    7. U.S. Trust's Take on Recent Market Conditions

      EDC Director Chris Borowiec offered this short analysis of the recent twists and turns in the equity markets to the EDC to share with our readers: From U.S. Trust: We remain bullish on equities despite the significant pullback over the past few weeks.  While the risk of another recession can’t be ignored, we still believe that the more likely scenario is that the U.S. economy continues to grow at a subdued pace.  Corporate profits have been very strong in the second quarter, with over 70% of the companies exceeding our expectations.  Our year end price target for ...
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    8. Greenfield Savings Bank to build Northampton branch

      Greenfield Savings Bank, which recently completed rebuilding its Greenfield drive-through facility and refurbishing or rebuilding its Turners Falls and South Deerfield branches, hopes to be part of the redevelopment of the former Hill and Dale plaza on King Street. Connecticut-based Colvest Group won Northampton Planning Board approval to develop the site, which has been largely vacant since Price Chopper supermarket closed there in 1995.
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    9. There's some interest in proposed Massachusetts-owned bank but required $2.5 billion investment could cause early withdrawal

      There's some interest in proposed Massachusetts-owned bank but required $2.5 billion investment could cause early withdrawal
      Michael S. Tucker, president and CEO of Greenfield Co-Operative Bank, is the only other local representative on the commission. The commission will host a hearing and take public testimony 3 p.m. on Wednesday in the Springfield Central Library Community Room, 220 State Street, Springfield.
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    10. Newer Alliance

      Newer Alliance
      NewAlliance Bank introduced itself to Western Mass. in 2007 after acquiring Westbank, and four years later, it has completed a merger with the larger, Buffalo, N.Y.-based First Niagara Bank. Such mergers are nothing new, but large institutions always enter Western Mass. knowing they must compete for business in a region that values its thriving array of community banks, all touting healthy balance sheets and a hometown touch.
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    11. Springfield insurance giant donates $100G to tornado aid

      “Our sincerest thoughts and sympathies are with those who were impacted by this devastating event,” MassMutual chief Roger Crandall said in a statement. “We hope that these funds and efforts from our volunteers will help bring comfort and security to those who have been impacted, including our own employees and financial professionals who call this region home."
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    385-408 of 543 « 1 2 ... 14 15 16 17 18 19 20 ... 21 22 23 »
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