The former president and CFO of a Marlborough-based sea food distribution company pleaded guilty yesterday in federal court in Worcester in connection with a scheme to commit bank fraud.
More details emerged about the $230 million acquisition of Worcester-based Commerce Bank in the third quarter conference call of Berkshire Hills Bancorp, the holding company of Berkshire Bank, in what was another packed quarter for the company.
The acquisition that will make Berkshire Bank the largest state-chartered regional bank in Massachusetts is all but complete.
BankGloucester, Members Plus Credit Union and The Provident Bank are featured among the organizations announcing changes to personnel in this week’s roundup.
Berkshire Hills Bancorp, parent of Berkshire Bank, today announced plans to relocate its corporate headquarters to Boston, though it declined to state exactly where in the city the new HQ will be located.
Brian W. Thompson joined Commerce Bank in 2004 as president and CEO after serving as president of various banking institutions in New England. Under Thompson’s leadership, Commerce Bank has been recognized as one of the top performing banks in New England.
Four community banks are featured in this week’s roundup.
A Boston man recently pleaded guilty in U.S. District Court in Boston to multiple bank robberies throughout the Boston area.
Commerce Bank, Cummings Properties and East Boston Savings Bank are among those organizations giving back to their community in this week’s roundup.