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Banking & Finance

Berkshire Hills names Webster Bank EVP as next CEO

Berkshire Hills Bancorp, Inc., the Boston-based parent company of Berkshire Bank, has named Connecticut-based Webster Bank executive vice president of community banking Nitin Mhatre as the company’s next president and CEO.

Leominster Credit Union gives $600 stimulus checks to all employees

As Washington, D.C. tussles over yet another stimulus check proposal, Leominster Credit Union is taking matters into its own hands.

Rockland Trust names YMCA, Pyramid Hotel Group CEOs to board

Rockland Trust Co., which opened two branches in Worcester last year, has named two new people to its board, concurrently with parent company Independent Bank Corp.

Clinton Savings names Citizens Bank director as new chief lending officer

Clinton Savings Bank has named longtime credit executive Cary Forman as its new senior vice president and chief lending officer, the bank announced on Wednesday.
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IC Federal Credit Union picks UMass hospital exec as new CEO

IC Federal Credit Union in Fitchburg has named Chris Hendry, former senior director of external affairs for UMass Memorial Health Alliance-Clinton, as its new president and CEO, the credit union’s board of directors announced Tuesday.

Staples making another bid for Office Depot

It's been nearly five years since a plan for Staples to buy competitor Office Depot fell through. Now the Framingham office retailer is trying again.

Movers & Shakers for Jan. 11, 2021

People are on the move at Webster Five, Slowey McManus, RemodelWerks and more.

WBJ Podcast: Small businesses financing in 2021

Patrick Smith, the head of small business banking at Santander Bank, joins the Weekly Business Report to advise small businesses on the opportunities and pitfalls for financing in the coming year, especially as companies begin to emerge from the recession, which is now nearly a year old.
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Middlesex Savings Bank opening new Westborough location

Middlesex Savings Bank of Natick plans to open a new branch in Westborough in January after securing a location along Route 30.

SBA extends pandemic emergency relief deadline to end of 2021

The U.S. Small Business Administration has extended the deadline for companies to file for pandemic disaster relief until the end of 2021, it said Wednesday.
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