Tag: bank
Wells Fargo to open new Mamaroneck location
The bank has not yet announced when the branch will open.
Webster Bank, Sterling Bancorp merging in $10.3 billion deal
If approved, the merger would create a bank with $63 billion in total assets, $52 billion in deposits, $42 billion in loans and more than 200 branch locations in the Northeast.
State-led credit finance fund announced for New York business
A $200 million investment has helped create the New York Credit Small Business Investment Company Fund, which will deliver returns to the state pension fund.
First Niagara builds area presence with formation of Tri-State Region
First Niagara Bank announced the formation of its Tri-State Region, with hopes of strengthening its growing presence in the New York metro area.
Area banks offer financial forgiveness to storm victims
Apple Bank and M&T Bank are offering fee waivers and leniency to those who have fallen on hard times due to Hurricane Sandy.
People’s United increases lending
People’s United Financial Inc. increased commercial lending by $722 million from the second quarter.
EXP up, but SBA down
In signing off on his Small Business Express program, did Gov. Dannel P. Malloy inadvertently snare business owner signatures destined for SBA loans?
BranchServ adds Checkpoint unit
BranchServ is adding a Checkpoint business unit that sells bank security systems.
In People’s archipelago, no Ocean State
At a recent investor conference, People’s United Bank’s CEO addressed the question of why the company has not included Rhode Island in its recent expansion
Lending growth resumes – sort of
While overall lending is up in Connecticut, small business credit remains flat.
Conn. homeowners get $65m in settlement
Between March and June, more than 1,000 Connecticut homeowners received mortgage relief under a $25 billion settlement.
CBIA: Credit conditions weakened
Connecticut’s credit conditions weakened in the second quarter, according to a CBIA survey.
Small business loans drop
Fairfield County’s community banks had 180 fewer small-business loans outstanding as of the second quarter.
Survey: Costs, capital still challenge small business
Many area small businesses are still in cost-cutting mode, according to a new survey from the New York Fed.
Financier gets Ex-Im guarantee
Through its Danbury office, an Austrian bank landed an Ex-Im Bank guarantee for a Nigeria deal.