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Berkshire Bank Names Five Wealth Management Officers

Berkshire Bank recently named five personnel to lead and manage its wealth management division, delivering investment solutions to individuals, companies, government organizations and nonprofit organizations. Richard Bleser has been appointed senior vice president and chief investment officer. In hi...

108 Myrtle Street Quincy, MA for use by Campanelli Companies

Propel Marketing Expands In North Quincy

Quincy-based Propel Marketing has renewed and expanded its lease at Heritage Point from 28,700 to 38,700 square feet. A division of GateHouse Media, Propel provides digital marketing services including website design, logo creation and search engine optimization to small and medium-sized businesses....

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Fed Beige Book: Slow But Steady In The First District

Economic activity across the Federal Reserve’s First District steadily ticked upward across most sectors measured in the Fed’s most recent Beige Book report. Business contacts across the First District, which includes all of New England save Connecticut’s Fairfield County, reported ongoing dem...

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Massachusetts Receives $500K STEP Grant To Boost State Exports

The Massachusetts Office of International Trade and Investment (MOITI) recently received a $500,000 State Trade and Export Promotion (STEP) grant to help reimburse small state businesses for qualified export-promotion expenses. Expenses include trade show participation, overseas marketing and locali...

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Citizens Kicks In $6M For Dartmouth Affordable Housing Development

A 36-unit affordable rental housing development in Dartmouth will move forward with a $6.46 million construction loan from Citizens Bank. Local developers Paul and Robert Carrigg will build Lincoln Park Place LLC at the former Lincoln Park Amusement Center. Besides the loan provided through Citizens...


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Cooperative Bank Of Cape Cod Names VP Of Government Banking

The Cooperative Bank of Cape Cod recently announced the appointment of Matt Varnum as vice president of government banking. In his new role, Varnum will work with the bank’s existing team to serve Cape communities and a variety of separate fire, water and school districts. Varnum has worked as vice president and director of government...

SEC Bars S.C. Man From Securities Industry Over Mass. Wire Fraud Conviction

The Securities and Exchange Commission (SEC) recently barred a South Carolina man from working in the securities industry based on a criminal conviction in charges brought by the Massachusetts U.S. Attorney, the SEC said this week. In July, Brian M. Bennett, formerly known as Brian M. Zentmyer, pleaded guilty to one count of conspiracy to...

Dept. Of Labor: Mass. Unemployment Unchanged In July, Sits Equal To New England Average

According to a regional unemployment report by the U.S. Department of Labor’s Bureau of Labor Statistics, Massachusetts’ unemployment level as of July is the same as the New England average – 4.7 percent – and lower than the national average of 5.3 percent. The report notes that the Bat State’s jobless rate remains “essentially unchange...

Fidelity Bank, Barre Savings To Merge

Leominster-headquartered Fidelity Bank will acquire Barre Savings Bank in a deal anticipated to close in next year’s second quarter. According to a joint statement, the combined institution, which will operate under Fidelity’s name and charter, will be the second-largest community bank in Worcester County, with 10 offices and approximately $750...

Calpers, Calstrs Oppose Joint CEO-Chairman Role At Bank Of America

Two of America’s biggest public pension funds have come together to oppose an amendment of bylaws at Bank of America Corp. that would allow Brian Moynihan to continue as both chief executive and chairman of the No. 2 U.S. bank by assets. The California Public Employees’ Retirement System (Calpers) and the California State Teachers’ Retir...


 

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