Community Good Works
In this week’s Community Good Works, banks donate to nonprofits, arts centers and marathons in their communities.
Blue Hills Bank Parent Reports Solid Gains in First Quarter
The parent company of Hyde Park-based Blue Hills Bank made solid gains in the first quarter, despite a slowdown in profits from the same period last year.
Personnel File
Bay State Savings Bank Worcester-based Bay State...Community Good Works
Blue Hills Bank makes a large donation to celebrate its hometown’s 150-year anniversary, an Eagle Scout is rewarded by a local bank and realtors pitch in to help build a Habitat home in Duxbury.
Blue Hills Bank Parent Sees Strong Growth Due to Commercial Real Estate
Absent a fourth quarter that involved tax reform and pension settlement write downs, the parent company of Blue Hills Bank had a strong year driven by commercial real estate growth.
Personnel File
Industry veterans take on new roles in droves this week.
Blue Hills Bancorp Reports Q3 Earnings
Blue Hills Bancorp, the holding company of Blue Hills Bank, reported net income of $3.8 million, or $0.16 per diluted share, for the third quarter of 2017, compared to net income of $1.6 million, or $0.07 per diluted share, for the third quarter of 2016.
Melrose, Pilgrim Bank May Soon Be On The Market
Seven mutual banks and holding companies converted to stock companies between 2010 and 2014, often an indicator that they may be fishing for a buyer. Four of those seven will complete the state-mandated three-year waiting period following the completion of an initial public offering, and be eligible for acquisition this year.
Community Good Works
Blue Hills Bank staff get their hands dirty as volunteer landscapers and East Cambridge Savings Bank writes a $10K check to support local businesses in this week’s community good works.
Personnel File
Tighe & Bond adds three to its team, Eastern Bank announced two leadership appointments and 10 other organizations announce personnel changes in this week’s personnel file.
Blue Hills Bank Transitions Strategy By Restructuring Securities Portfolio
Blue Hills Bancorp Inc., the holding company of Blue Hills Bank, saw net income of $3.9 million, up $2.5 million from this time last year, as the company moves to reduce the amount of and change the composition of securities it manages.
Personnel File
Promotions abound in this week’s Personnel news roundup.
Rachel Chisholm
Rachel Chisholm describes herself as a “people person,” and it is apparent that she thrives on her community involvement, dedication to advancing her employees and assisting her customers. “I love mentoring, developing, coaching people. Between that and the customers, I think that’s my favorite – really interacting. I’m a people person, so having that interaction with people is really the highlight.”
German Investors Acquire Downtown Boston Office Building
German investors have acquired 148 State St. in Boston, a 64,500-square-foot office building anchored by the headquarters of Public Consulting Group, for $41 million.
Blue Hills Bank Taps TD Vet To EVP, Commercial Banking
Blue Hills Bank recently named Kevin F. Malone its new executive vice president of commercial banking.
Personnel File
Blue Hills Bank, Cushman & Wakefield and Fidelity Bank are among those institutions announcing changes to personnel in this week’s roundup.
Personnel File
Blue Hills Bank, Cambridge Chamber of Commerce and MassDevelopment are among those announcing changes to personnel in this week’s roundup.
Blue Hills Bank Closes Line Of Credit For NY IT Company
Hyde Park-based Blue Hills Bank recently closed on a senior credit facility with T2 Computing Inc., a New York-based information technology hardware sales and service company.
Blue Hills Opens Latest Branch In Seaport
Blue Hills Bank’s latest branch opened last night in the Seaport District to great acclaim.
Community Good Works
Blue Hills Bank, Citizens Bank and Country Bank are featured among this week’s roundup of organizations giving back to their communities.
