Banking & Lending
Granite State’s Bankers Cautiously Optimistic About 2025
Are the days of worryingly tight margins behind New Hampshire’s banks? Or will inflation fears and the Federal Reserve’s response mean more of the same.
White House Is Cracking Down on Overdraft Fees
The finalized rule is set to take effect in October 2025, but the incoming Trump administration has yet to tap anyone to lead the CFPB, and has mentioned the idea of eliminating the agency.
Top Fed Official Says December Rate Cut Depends on Data
A top Federal Reserve official says that he is leaning toward supporting an interest rate cut when the Fed meets in this week but that evidence of persistent inflation before then could cause him to change that view.
Enterprise Bank to Be Bought by Big Mass. Lender
Enterprise Bank, the Lowell, Massachusetts-based lender that has an eight-branch footprint in Southern New Hampshire, is getting snapped up by one of the two biggest Massachusetts-based banks.
Mortgage Customer Satisfaction Declines
J.D. Power credits lenders trimming their staff in the reduction of quality customer service.
Federal Reserve Ready to Disappoint Borrowers
Several surprisingly strong economic reports, combined with President-elect Donald Trump’s policy proposals, have led to a decidedly more cautious tone from the Fed.
Banks, CUs Lost CRE Market Share in Q3
According to a new report from CBRE and data from The Warren Group, the commercial real estate market continues to show signs of improvement.
Post-Election Uncertainty Grows for the Fed
Trump’s election, beyond its economic consequences, has raised the specter of meddling by the White House in the Fed’s policy decisions.
Piscataqua Savings Bank CEO to Retire
Piscataqua Savings Bank has announced that President and CEO Joan Gile will retire effective March 31, 2025, concluding 38 years with the bank.
Ledyard Hires Chief Digital Officer
The newest member of the bank’s senior management team, Capozzoli is responsible for driving digital transformation within the bank.