Hot Property: MIT FCU Headquarters

Hot Property: MIT FCU Headquarters

MIT Federal Credit Union’s new Lexington headquarters spans 25,000 square feet of renovated space at a Lexington office building redesigned by Boston-based architects Dyer Brown. 

Banking the Cannabis Industry

Banking the Cannabis Industry

While working at a regtech firm, Mike Kennedy heard from bank and credit union executives who were looking to remain competitive against larger banks and fintech providers. The conversations gave him an idea: Marijuana regtech Green Check Verified.

Banking Regulators Delay CECL Implementation

SBA Launches Bridge Loan Program

The U.S. Small Business Administration launched the Express Bridge Loan (EBL) Pilot Program on March 25 to help existing small businesses obtain financing if they already have a relationship with an SBA approved lender.

Mass. Mortgage Servicers Expected to Support Borrowers

Mass. Mortgage Servicers Expected to Support Borrowers

As the widening financial crisis is expected to affect a growing number of mortgage borrowers, the Massachusetts Division of Banks has notified lenders and mortgage servicers that they are  should work with borrowers experiencing financial hardships due to the coronavirus.

Over 148K Out of Work in Massachusetts

Over 148K Out of Work in Massachusetts

More than 3 percent of Massachusetts’ pre-coronavirus workforce has filed for unemployment in the last two weeks according to new figures released by the U.S. Department of Labor Thursday morning.

House Passes $2.2T Rescue Package, Rushes It to Trump

Deal Reached on $2T Virus Rescue Bill

The White House and Senate leaders of both major political parties announced agreement early Wednesday on an unprecedented $2 trillion emergency bill to rush sweeping aid to businesses, workers and a health care system slammed by the coronavirus pandemic. The urgently...