Banking & Finance

Hometown Bank of Oxford has received state and federal approvals to open a new branch in Leominster at the entrance to the Mall at Whitney Field, the bank announced.

Lenders are finding themselves walking a tightrope between providing lower-income Americans with quality housing and keeping their...

Lowell-based Enterprise Bancorp, which has branches in Acton, Fitchburg, Leominster and Westford, declared a quarterly dividend of 12 cents per share in the second quarter that ended June 30.

Worcester Credit Union is broadening its mortgage services through an agreement with an organization that has assigned a representative to work the financial institution, the credit union announced Monday.

UniBank has committed to loaning $5 million to military service members, veterans and their families.

Seven banks that do business in Central Massachusetts are asking a federal court to halt efforts by city officials in Worcester and Lynn to impose a foreclosure-avoidance program.

St. Mary's Credit Union has bought a Marlborough building for $7.5 million to serve as the company's new headquarters. The credit union plans to move its 70 corporate employees into a 60,500-square-foot building at 46 Lizotte Drive by the end of the year, said Tony Battista, vice president of marketing. This will be the first time St. Mary's owns a standalone headquarters building, according to Battista.

Whitinsville-based UniBank has selected Charter Business to provide it with wide area network fiber service and high-speed internet to support online services and other technology initiatives, according to a statement from Charter Communications.

North Brookfield Savings Bank said it was to have completed its merger Sunday with Ware-based FamilyFirst Bank.

A new study from personal finance website GOBankingRates.com, found that Massachusetts is the fourth most affordable state for banking, offering residents access to less expensive banking options than 46 other states and the District of Columbia.