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PPP Helps Millyard Bank Generate New Busines

PPP Helps Millyard Bank Generate New Busines

by Bram Berkowitz | May 18, 2020 | Banking & Lending

It’s a difficult time to be a bank. Interest rates are at zero, squeezing margins. And most financial institutions are bracing for huge loan losses as a result of the coronavirus pandemic, which has essentially shut down the economy.  But if you are a startup de novo...
Could Coronavirus Lead to a Buyer’s Market in NH?

Could Coronavirus Lead to a Buyer’s Market in NH?

by Bram Berkowitz | Apr 20, 2020 | Residential Real Estate

The coronavirus pandemic has thrown the state real estate market for a loop, as social distancing measures have raised questions about how active the market will be and what it will look like in coming months.  During a recent Zoom conference hosted by the New...
Refi Activity Surges After Fed Drops Rates

Refi Activity Surges After Fed Drops Rates

by Bram Berkowitz | Mar 30, 2020 | Banking & Lending, Residential Real Estate

The economic impact of coronavirus is expected to hit bank profitability hard, as customers struggle to make loan payments and growth projections slow with a large chunk of the world hunkering down to prevent the spread of the virus.  But the one bright spot banks are...
Mental Health Focus Boosts Employee Engagement at Mascoma Bank

Mental Health Focus Boosts Employee Engagement at Mascoma Bank

by Bram Berkowitz | Feb 17, 2020 | Banking & Lending

Community banks in rural areas sometimes find their job openings a tough sell to new, skilled talent as more and more young people move to cities like Manchester, Boston and Portland, Maine.    But at Lebanon-based Mascoma Bank, turnover rates are on the...
CU Finds Success Partnering with State Programs

CU Finds Success Partnering with State Programs

by Bram Berkowitz | Jul 29, 2019 | Banking & Lending, Industry News

Loans guaranteed by the U.S. Department of Veteran Affairs and Federal Housing Administration can in some cases be challenging to originate. Applicants are typically first-time homebuyers and the loans have unusual requirements for lenders and borrowers.  But one...
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