Banking & Finance

Variety can be the spice of life. Anthony Emerson discovered — after time in the military, retail,...

Banks and credit unions go where their customers are. A hundred years ago, that meant downtown centers. Then came suburban branches and drive-through lanes, ATMs in shopping malls and airports, and, later, personal computers right in their homes. Now, in the age of mobile, financial institutions are increasingly focused on making themselves accessible from smartphones and tablets.

Because they offer virtually the same services, credit unions and banks are often synonymous among consumers.But with...

Fortunately, for businesses that are ready to finance new investments, there's plenty of competition among banks and credit unions that want to be the ones to make the loans. The variety of institutions — from credit unions with one branch to enormous international banks — could make for complicated choices for companies seeking financing.

When Matthew Sosik recently left Hometown Bank to take over as president of Easthamption Savings Bank, Hometown...

Two new reports indicate growing strength for the nation's housing market.

Making a major step in its expansion plans, Pittsfield-based Berkshire Bank announced that it will purchase 20 retail branches from Bank of America with $640 million in deposits and $5 million in loans.

Among several changes coming to Sovereign Bank branches across the country is a name change and rebranding, the bank said.

Berkshire Hills Bancorp announced updated guidance ahead of the release of its second-quarter earnings on Wednesday.

Medbox Inc., a California-based company that's capitalizing on medical marijuana dispensary regulations in Massachusetts and other states, is “jumping into a different ball game” in its bid to become a fully-reporting company with the Securities and Exchange Commission (SEC), CEO Vincent Mehdizadeh said this week.