Banking & Lending
Hassett: Fed Can Reject Trump’s Views If He Is Chair
A leading candidate to be President Donald Trump’s choice for Federal Reserve chair said that he would present the president’s views to Fed officials for their consideration but they could reject them if they chose when making decisions on interest rates.
29 Banks Take Part in #NHBanksGiveBack
The New Hampshire Bankers Association organized its fifth annual month of service event, branded as #NHBanksGiveBack on social media during the month of October
Feds Boost Conforming Limit to $832K
The Federal Housing Finance Agency is increasing the size of home loans that the government can guarantee against default as it takes into account rising housing prices.
Most Fed Officials Back Rate Cuts. Just Not Necessarily in December
A majority of Federal Reserve policymakers expressed support in late October for further interest rate cuts.
UNH Student Housing Refinanced with $46M
A Durham student-oriented multifamily property that’s a 10-minute walk from the center of the University of New Hampshire campus secured $46 million in refinancing last month.
NHMB Exec Elected to ABA
Gregg Tewksbury, president and CEO of New Hampshire Mutual Bancorp, has been elected to serve on the American Bankers Association board of directors.
The Merrimack Donates to Community Center
Merrimack County Savings Bank is helping finance the construction of the Mark Stebbins Community Center on Manchester’s West Side, slated to open in fall 2026.
Needham Bank and BankProv Merger Receives Approval
Needham Bank now has official approval for its latest acquisition: Amesbury-based BankProv.
Where Is the NH Economy Headed?
The national and state economies seem to be developing a split personality that’s leaving economists and commercial real estate brokers puzzled about what lies ahead.
Regional Banks’ Bad Loans Spark Concern on Wall Street
Wall Street is concerned about the health of the nation’s regional banks, after a few of them wrote off bad loans to commercial customers in the last two weeks and caused investors to wonder if there might be more bad news to come.
