More Branch Closures Ahead?
New England will lose dozens of bank branches in the next couple of years as several lenders shutter locations inside supermarkets, as persistently small margin spreads make these locations unprofitable. With the pandemic keeping many customers away...
Banks Took Different Paths for PPP Success
The banking community delivered an extraordinary effort in the Paycheck Protection Program, helping the U.S. Small Business Administration disburse nearly $497 billion in total loan volume in less than two months, a task bankers once would have thought impossible. ...
Only Five NH Lenders Join Fed Program
The Federal Reserve Bank of Boston has published a state-by-state listing of the initial lenders participating in the Main Street Lending Program, but only five financial institutions operating in New Hampshire have joined so far. Authorized by the CARES Act, the...
Local Lenders, Big Banks Competed for Dominance in 2019 Mortgage Market
The top mortgage lenders in New Hampshire slipped from their 2018 numbers while newcomers surged onto the field in 2019, according to analysis of mortgage data by The Warren Group, publisher of The Registry Review. Many of the top banks, credit unions and mortgage...This Week’s Paper: Digital Edition
