Banking & Lending
NHMB, Service CU Execs Named to Crypto Commission
Sununu created the commission to investigate how the state should adapt its banking and other laws to accommodate the rise of cryptocurrencies and related digital assets.
Citizens Adds Early Pay Feature for Corporate Clients
Citizens has launched a new product that will let corporate clients give employees on-demand access to their earned pay.
Longtime MVSB VP Retires
Tom Dustin, a Merrimack County Savings Bank vice president and commercial loan officer, retired effective April 1, the bank said.
Service CU Raises $350K for Charity
The Service CU Impact Foundation, the nonprofit charity arm of Portsmouth-based Service Credit Union, announced it raised nearly $350,000 from its second-annual Charity Golf Classic.
Ledyard Welcomes New President
Hannover-based Ledyard National Bank has a new president and chief banking officer.
Fed Hikes Rates, Hints at Increases to Come
The Federal Reserve launched a high-risk effort Wednesday to tame the worst inflation since the 1970s, raising its benchmark short-term interest rate and signaling up to seven rate hikes this year.
New Hampshire’s Top Lenders of 2021 Revealed
Also-rans in prior years became 2021’s champions among the battle to be the top lenders in New Hampshire amid a superheated housing market, according to the latest yearly analysis of mortgage data by The Warren Group, publisher of The Registry Review.
Banking Trade Group Concerned About Biden’s CBDC Approach
The Biden administration’s new executive order on cryptocurrency has raised concerns among banking trade groups that the U.S. could create its own digital currency.
Fed OKs People’s United Merger
More than a year after announcing plans to acquire Connecticut-based People’s United Bank, Buffalo-based M&T bank has received the final regulatory approval needed to complete the merger.
An ‘Out of the Box’ Bank Ad Wins Top Honors
Central Italy might not have an obvious connection to community banking, one New England bank found a way to use a virtual tour of Tuscany to engage consumers during a surge in the pandemic – and came away with an award-winning marketing campaign.
