Weighted Assets

A Banker & Tradesman Banking Blog

Guest Post: Navigating Mobile Banking

It’s no secret that technology is rapidly changing the way we lead our lives and do business. Countless tasks that were once considered time-consuming and tedious can now be completed with the swipe of a finger and a tap on a screen.

Hats Off To HarborOne’s Wilkinson

Hats Off To HarborOne’s Wilkinson

We don’t often cover awards bestowed by other trade publications here at Banker & Tradesman, but when I saw that American Banker had recently recognized HarborOne’s Maureen Wilkinson, I knew I wanted to write something about it. Wilkinson recently received the annual Community Impact Award for her work as the bank’s CRA officer and...
B&T Catches Up With Salem Five CEO On Georgetown Deal

B&T Catches Up With Salem Five CEO On Georgetown Deal

When news of Salem Five’s latest deal broke last week, I was out of the office* and unable to reach the bank’s leadership for a comment immediately. We wrote the story, of course, but I always like to get a little extra commentary about why a particular merger or acquisition was attractive. Fortunately, I...
Millennials: What Are We Ruining This Week?

Millennials: What Are We Ruining This Week?

In this week’s edition of “Millennials: What Are We Ruining Now?” – credit unions. According to a recent study out of FICO, credit unions lose “primary status” among the Millennial generation (commonly identified as those born between 1980 and 2000) as they age. Twenty percent of 18- to 24-year-olds identified a credit union as...
Finance Gets Fresh At Student Banking Competition

Finance Gets Fresh At Student Banking Competition

It’s safe to say that one would not generally associate financial literacy with rap music, apart from the occasional bankrupt former star’s lack thereof. However, one group of student bankers from Medway High School’s Charles River Bank branch brought the two very different industries of banking and hip-hop together for a constructive purpose at...
BSB Dips Into Big Data

BSB Dips Into Big Data

Earlier this spring, I wrapped a couple of smaller stories into a larger piece about the increasing use of big data in the financial services world. As sometimes happens, I got an email a couple weeks later from somebody piping up to say, “Hey, we do something like this, too!” In this case, I...
Let Me Tell You About HarborOne’s Pitch Contest

Let Me Tell You About HarborOne’s Pitch Contest

Before Small Business Month comes to a close, I wanted to highlight something pretty cool I learned about at HarborOne this spring: the bank’s very first small business “pitch contest.” Modeled on the ABC show “Shark Tank,” the bank held the competition early this month, inviting eight small business owners to its Mansfield facility...
Blogging For A Cause: ALS One

Blogging For A Cause: ALS One

May being National Small Business Month, I’m naturally inundated with press releases celebrating one spin or another on the theme. Some of it’s malarkey, of course. Do I really need to be the CEO of my life? And what does that even mean? But one of these stories did catch my attention. A certain...
‘Time Is Money,’ And Other Thoughts On Financial Literacy

‘Time Is Money,’ And Other Thoughts On Financial Literacy

I’ve been meaning and meaning and meaning to write up a quick blog post on financial literacy. Today is still April, so I’m not too late. My sincerest apologies to every PR guy and gal who has patiently followed up with me week after week. For starters, HarborOne Bank was kind enough to share...
Serving The Underserved: Chip And PIN Is Just The Tip Of The Iceberg

Serving The Underserved: Chip And PIN Is Just The Tip Of The Iceberg

Friday will mark six months since the Oct. 1 deadline set by Visa and MasterCard to switch to EMV from magnetic stripe cards, and nearly 42 percent of retailers have not upgraded their point-of-sale terminals to be EMV compliant, according to a new EMV adoption survey from CardHub. If you think experience would be...
Misery Loves Company

Misery Loves Company

“Economic Misery on the Rise, According to C6 Real Misery Index,” the press release shouted at my bleary, caffeine-deprived brain earlier this week. “Well, happy freakin’ Monday to you, too,” I mumbled at my monitor. It’s not enough to have a fear index – we now must have a misery index, too? Nevertheless, I...
Guest Post: Rule The Boardroom With These Top Tips

Guest Post: Rule The Boardroom With These Top Tips

Even in the age of multilevel social media platforms, the one-on-one, face-to-face business meeting remains an integral part of the professional landscape and presents a singular opportunity to personally connect, shake a warm hand, look into their eyes and be “well-met” while advancing critical interpersonal relationships. How we get the highly coveted meeting, the...
A Conversation With Webster

A Conversation With Webster

A few weeks ago, I had the chance to talk by phone with three of Webster Bank’s leadership team about the Waterbury, Connecticut bank’s upcoming move into Boston. I was talking to them for articles I wrote for Banker & Tradesman (as well as our sister publication, The Commercial Record) primarily about the ROI...
Taylor Trumps Trump In Celebrity Neighbor Survey

Taylor Trumps Trump In Celebrity Neighbor Survey

Ask any one of us here at B&T – indeed, ask any newspaper reporter or editor – and we’ll tell you we get some interesting press releases. To put it mildly. During that dead zone that the rest of the world calls “the holidays” and we in the newsroom call “just another workweek,” I...
New Year, Same You

New Year, Same You

New Year, New You? More like “second verse, same as the first.” I hate to be a Grinch about New Years (no, I don’t), but it’s that time of year again. The time of year when we optimistically promise to better ourselves – to finally lose those last 10 (or 20) pounds, finish that...
Don’t Let Your Clients Get Spooked By Finances

Don’t Let Your Clients Get Spooked By Finances

Today’s guest post comes from John Navien, a financial professional in Boston with the MetLife Premier Client Group.   It’s fun being scared by horror movies and costumes during Halloween season, but no financial professionals want to see their clients get frightened by making the wrong decisions with their money. Your clients might think they have...