Weighted Assets

A Banker & Tradesman Banking Blog

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...
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...
The Cynical Millennial Weighs In On Car Ownership

The Cynical Millennial Weighs In On Car Ownership

“So my credit union will give me a loan on the car I want at an interest rate of 2.74 percent for up to 72 months,” my roommate said to me Friday morning. “Is that a good rate?” After I picked my jaw up off the floor, I assured her that yes, that was...
Chip-And-PIN Is Here! Sort Of.

Chip-And-PIN Is Here! Sort Of.

A few months ago my bank sent me a letter letting me know I’d be issued a new debit card in September. As I recall, the notice included a lot of information about the switch to MasterCard and instructions for activating the new card and destroying the old one. Buried at the end was...

Budgeting For Mobile Marketing A Top Priority For 2015

Today’s guest post is from Ivan Serrano, a freelance writer. The mobile market has grown at an astonishing rate and yet many businesses still have not budgeted for mobile marketing. While the overall mobile marketing budget has increased 17.5 percent, many companies still put their money into other digital and print marketing strategies. It might...

Tips For Small Business To Keep In Mind As We Enter 2015

Today’s guest post is from Ivan Serrano, a freelance writer. As the new year looms larger on the horizon, and the process of closing the books on the past year starts consuming resources and mind-share, it’s also necessary to make some time to take a step back and focus on what you should be doing...

The Rise Of The Modern Banking Compliance Professional

Banker & Tradesman’s Weighted Assets blog now features occasional guest posts from experts in the financial industry. Today’s post is from Edmund A. Greene, a bank compliance consultant. Today’s banking compliance professional has evolved from the pariah that loan officers and business line managers avoided into an integral part of a financial institution’s leadership....

Online College Is Taking Women’s Education To The Next Level

ICYMI, this week’s issue of B&T features a special section on continuing education programs for bankers. And in the process of researching that article, I got to learn about a really awesome college not included in the paper, The American Women’s College (TAWC) at Bay Path University. TAWC is the only all-women, all-online degree program in the...

In Person Outtakes: Carol Hamilton

I recently had the pleasure of sitting down with Rockland Trust’s Carol Hamilton for our In Person column. At the risk of sounding biased, Carol is a pretty cool lady – and you’ll surely know this if you ever get to meet her. I first talked to her a couple weeks back when I...

Would you want a “do over?”

Do you have any regrets? Anything you’d like to “do over?” Well, who doesn’t? We’re all only human. When I think about the past 10 or so years of my life – roughly 30 percent of my life up to this point – there are maybe a few things I would do differently, given...

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