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Banking & Finance

Shop Talk: Q&A With Ed Shea, Bank of America

Ed Shea first arrived on the Worcester banking scene in 1995 after stints working in Springfield, Cambridge...

Banks Bounce Back In Q4

Commercial banks insured by the Federal Deposit Insurance Corp. reported a total profit of $914 million in...

$7M Loan Keeps GTC Alive

GTC Biotheraputics of Framingham announced in September that due to operating losses the company only had enough...

Rollstone Profit Up To $2.6M In 2009

Rollstone Bank & Trust of Fitchburg turned a profit of $2.6 million in 2009, a $900,000 increase...
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Home Loan Applications Dwindle

Mortgage loan application volume dropped by 8.5 percent last week as demand for homes remained weak, according...

Clinton Savings Promotes Six

 Clinton Savings Bank has promoted Scott A. Youlden, Kristin E. Zirkel, Lynne G. McCormack, William M. Keyles,...

Webster Five Absorbs Local Mortgage Firm

Minuteman Mortgage of Shrewsbury has closed its doors and its two employees have joined Webster Five Cents...

Bank Earnings Improve As Failures Increase

Commercial banks insured by the Federal Deposit Insurance Corp. reported a total profit of $914 million in...
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Hometown Bank Reports Smaller Profit, Increased Assets

Oxford-based Hometown Bank reported a $1.8 million profit for 2009 compared to $2 million the prior year.The...

People’s United Purchases Leasing Firm

People's United Financial Inc., the parent bank of Worcester-based Flagship Bank, announced the $1.3 billion purchase of...
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