Christina O'Neill
Special To Banker & Tradesman
by Christina P. O'Neill | Jul 27, 2014
Banks and credit unions between $100 million and $5 billion in asset size could save an average of $1.2 million over fair market value during a five-year contract life if they sought to renegotiate outsourced core processing and IT services contracts during a critical time window.
by Christina P. O'Neill | Jul 13, 2014
She grew up in the planning industry at her father’s knee, absorbing the nuances of architectural plans. Gerry-Lynn Darcy credits the time and effort her father gave her, from an early age, so that planning became part of the fabric of her work-life experience, which now spans 18 years.
by Christina P. O'Neill | Jul 13, 2014
Pamela Herbst’s career bridges two worlds – investment and nonprofit. She has more than 25 years of experience in real estate investment acquisitions and asset and portfolio management; in addition, her serves as acting chair of the board of directors for The Home for Little Wanderers, with which she has been involved for seven years.
by Christina P. O'Neill | Jul 13, 2014
There’s a reason that so many merchants and retailers promote private-label credit cards, and it’s not just branding.
by Christina P. O'Neill | Jul 6, 2014
Financial advisors in their 50s and 60s are hitting retirement age at a time when their age-contemporary clients need strategic advice more than ever. Meanwhile, online financial planning and blogosphere advice is drawing off younger investors into the do-it-yourself realm. This creates a double-whammy generation gap.
by Christina P. O'Neill | Jun 29, 2014
The business-disruption risks of extreme heat and sea-level rise over the 21st century are measured in a new report, “Risky Business: The Economic Risks of Climate Change in the United States.â€
by Christina P. O'Neill | Jun 22, 2014
As real estate prices recover, the single-family rental mortgage securitization trend that’s caught on in the Sand States isn’t getting much traction in Massachusetts, due to the Bay State’s dearth of large swathes of distressed property that can be bought en masse.
by Christina P. O'Neill | May 18, 2014
In her more than 10 years as branch manager for Cambridge Savings Bank’s Newton Centre office, Ruth Barnett has held onto the staff that was in place when she presided over the branch’s opening.
by Christina P. O'Neill | May 18, 2014
Cheryl D’Ambra’s banking career began 30 years ago, when she became a part-time teller in a Worcester bank. She worked her way up through many different positions – branch manager, mortgage originator and sales trainer among them – and joined Athol Savings Bank in 1999 as a vice president of the retail division.
by Christina P. O'Neill | May 11, 2014
The reset of millions of home equity line of credit (HELOC) loans across the country threatens to echo the default epidemic that sparked off the housing crisis. But just as Massachusetts escaped the most extreme highs and lows of the boom and bust, we will likely be spared a major default trough as decade-old HELOC loans begin to reset from interest-only payments to principle and interest. Massachusetts banks appear to be well-prepared for the reset process. The question is whether borrowers are ready.
by Christina P. O'Neill | May 4, 2014
Commercial banks are good at gathering data points and performing due diligence on commercial loans, but may not be as adept at putting proprietary data to good use.
by Christina P. O'Neill | Apr 27, 2014
Consumers whose past-due debts are sold by banks to third-party debt collectors enter what can be a Twilight Zone of collection efforts, often founded on poorly-documented or dubious claims of indebtedness. When they seek help to pay acknowledged, legitimate debts or to challenge erroneous claims, such as those due to identity theft, they may instead fall into the hands of opportunistic “credit repair†enterprises which take their money and offer little or no service in return.
by Christina P. O'Neill | Apr 13, 2014
Massachusetts cities and towns which become attractive to new residents and/or businesses can be considered blessed. Property values rise, propelled by market demand. But new residents and businesses have expectations that may run into a municipality’s pre-existing conditions – the need to update basic infrastructure and services and then to sell that to taxpayers and municipal bondholders.
by Christina P. O'Neill | Apr 13, 2014
A bill introduced by U.S. Rep. Michael Capuano (D-Mass.) seeks to quantify the government support received by the nation’s biggest financial institutions and to link that to their credit risk advantages. So far, the political landscape’s response has been the equivalent of: “That’s a good question … that we wish you hadn’t asked.â€
by Christina P. O'Neill | Mar 30, 2014
Despite today’s low borrowing costs, many gainfully employed college graduates are finding that they cannot refinance student loans taken out under higher interest rates than they’d be eligible for today.
by Christina P. O'Neill | Feb 16, 2014
Accurate forecasts about loan performance are becoming a top priority, especially when banks merge or acquire and when they must combine their loan performance data sets. But ‘noisy’ data corruption, particularly that of missing or mislabeled records, presents a...
by Christina P. O'Neill | Feb 16, 2014
Accurate forecasts about loan performance are becoming a top priority, especially when banks merge or acquire and when they must combine their loan performance data sets.
by Christina P. O'Neill | Sep 29, 2013
Last Tuesday, Leominster voted overwhelmingly in favor of a proposal from Cordish Cos. to site a 1,250 slot and electronic gaming machine casino in the city. The vote followed a door-to-door campaign in Leominster’s blue-collar neighborhoods the previous week by the billionaire chair of Cordish, who pressed the point that the company has committed to paying Leominster $4 million a year in property taxes through its $200 million slots-only parlor.
by Christina P. O'Neill | Sep 8, 2013
Financial education at any age, nationality or religious denomination is Ingrid Adade’s specialty, whether she’s making an appearance to kindergartners as “Grandma Moneybags,” a character she created, or making presentations at senior centers. “Misunderstanding is...
by Christina P. O'Neill | Sep 8, 2013
A 20-year veteran at Pioneer Valley Credit Union, Debra Hayward has helped countless credit union members get a grip on their financial situations. She began her financial career in 1971 as a bank teller, eventually rising to manager. She left banking for a desk job...