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American Banker - On Focus and In Depth

Saturday, November 21, 2009, as of 02:02 AM EDT

State Coverage: Vermont

Massachusetts's Berkshire Hills Buys in Vermont

American Banker | Sep 24

Berkshire Hills Bancorp in Pittsfield, Mass., said Friday that it has completed its $82 million acquisition of Factory Point Bancorp in Manchester Center, Vt.

New Hampshire Thrift Makes Second Deal in Vermont

American Banker | Apr 17

New Hampshire Thrift Bancshares Inc. in Newport plans to acquire the $83 million-asset First Community Bank of Woodstock, Vt., for $15.5 million in cash and stock.

People's of Connecticut Looks Like Buyer with Its $3B

American Banker | Apr 13

A second-step conversion completed Wednesday has armed People's United Financial Inc. in Bridgeport, Conn., with $3.3 billion and the potential to be a powerful dealmaker.

Chittenden of Vt. in $111M Deal for Maine Bank

American Banker | Jan 22

Chittenden Corp. in Burlington, Vt., is expanding in Maine with its first deal in four years.

Leahy Gets Gavel, and Merchants Head to Vt.

William Launder contributed to this story. | Jan 19

Merchants unhappy with interchange fees are making sure the Senate Judiciary Committee's new chairman - and his constituents - hear their complaints.

N.E.'s Biggest Mutual Thrift Looks to Buy

American Banker | Jan 09

Eastern Bank in Boston has not been much of an acquirer in recent years, but that could change under its new chairman and chief executive, Richard E. Holbrook.

Legacy of Mass. Eyes Expansion into Nearby States

American Banker | Dec 18

Flush with capital from its $95 million public offering last year, Legacy Bancorp Inc. in Pittsfield, Mass., is eyeing its first-ever retail expansion into neighboring states.

U.S. Bank Share of TD Profit Off

American Banker | May 26

TD Banknorth Inc. of Portland, Maine, contributed a smaller share of Toronto-Dominion Bank's profits in the February-April quarter than a year earlier.

Mass. Mulls Tightening Gift-Card Law

American Banker | Apr 11

A Massachusetts bill to bar banks from charging customers fees on gift cards has highlighted some of the difficulties in building a business case for such cards.

Leaner Berkshire Hills Ready to Take Revamp to Next Level

Alan Kline contributed to this story. | Mar 20

When Berkshire Hills Bancorp's president and chief executive, Michael P. Daly, asked Lawrence A. Bossidy to be the thrift company's chairman in 2002, Mr. Bossidy set one condition. The former General Electric vice chairman and Honeywell chairman and CEO said he had no interest in being part of a sleepy community bank - even if it was in his hometown of Pittsfield, Mass.

Five Nonprofits Win ShoreBank Grants

American Banker | Sep 22

The Association for Enterprise Opportunity in Arlington, Va., has a distinct mission: helping owners of the smallest businesses build credit histories, so they can qualify for traditional bank loans.

In Brief: Mellon Taps 2 Wealth Execs

American Banker | Aug 23

Mellon Financial Corp. said Monday that it had promoted two executives in its private wealth management group, Thomas J. Dicker and Jere Doyle, to senior vice president.

Stiffer Data-Use Measures Getting Wider Support

American Banker | Apr 14

WASHINGTON - Congressional efforts to restrict what businesses can do with customer information gained steam on Wednesday.

Benefits Chip Test Trimmed But on Schedule

American Banker | Mar 21

Plans for a multistate test using smart cards for government benefits have been scaled back, but the test is on track to begin in early 2006.

Tardy Notification Criticized as Loudly as Actual Data Loss

American Banker | Mar 01

Bank of America Corp. is coming under fire for failing to notify people for two months that it had lost personal data on more than a million customers.