Out-of-State Banks Muscle in on Local Markets
Banks in New Hampshire and New England are facing fresh headwinds as an uncertain economy, rising interest rates and inflation take a toll on both the residential and commercial sides of the lending ledger. Nonetheless, the first half of 2022 was a strong one for...
Nashua De Novo Accelerates Growth
Less than two years after launching with $20 million in equity from shareholders, Nashua’s Millyard Bank is among the state’s fastest-growing commercial mortgage lenders thanks, in part, to bonds formed in the pandemic’s darkest days. The bank, which opened its...
Despite Pandemic, Some Lenders Found Room to Grow
While most financial institutions likely spent much of the first half of the year focusing on credit quality and the Paycheck Protection Program, some banks and credit unions still managed to find time to grow their loan books during the coronavirus pandemic. The...
Lenders Adjust to Challenging Market by Focusing on Originators
The ultra-competitive real estate market in New Hampshire has potential homebuyers stressed and often demanding a high-touch relationship with their mortgage professionals, forcing lenders to adapt. Lending institutions who support their loan officers and try...This Week’s Paper: Digital Edition
