BROCKTON, Mass. - (04/25/05) -- Black-and-white photos taken bywell-known local photographer Stanley Bauman of President HarryTruman, Brockton boxing legends Rocky Marciano and Marvelous MarvinHagler, and the Blizzard of '78 adorn the fourth floor of the new$10 million headquarters of HarborOne CU, dedicated here Fridayafternoon. Bauman, unofficial photographer of the Bay State's'Boxer City,' was the guest of honor, kicking off the ceremony byblowing out a candle on a birthday cake celebrating his 92ndbirthday, while the credit union presented a $1,000 check in hisname to a Stonehill College photography major. The 75,000square-foot building is located on the outskirts of the city andwill immediately house 150 of the $1 billion credit union'semployees and bring eight departments spread across three locationsunder one roof. HarborOne CU was chartered in 1917 and was knownuntil last year as Brockton CU.
-
First Northwest Bancorp in Port Angeles has selected an Everett, Washington-based competitor's president to serve as its new top executive.
September 12 -
The Charlotte-based megabank announced that it had appointed two business leaders to be co-presidents of the bank, and elevated its chief financial officer to serve as executive vice president.
September 12 -
The Massachusetts bank is being accused of aiding and abetting the operation of a Ponzi scheme centered in Hamilton, New York. The bank declined to comment on the allegations.
September 12 -
City National Bank promotes Brandon Williams to head private banking and wealth management; a former U.S. Postal Service letter carrier is sentenced to five and a half years for stealing over $10 million in checks from the mail; Lazard expands its North American investment banking franchise with two managing director hires; and more in this week's banking news roundup.
September 12 -
The government-powered network is allowing larger payments to settle instantly, a move The Clearing House has also made for its RTP network. Payment experts say more than higher limits are needed to make speedy processing ubiquitous.
September 12 -
The world's largest stablecoin issuer is preparing to launch USAT, its U.S.-regulated, dollar-backed stablecoin, by the end of the year, Tether CEO Paolo Ardoino told reporters at an event in New York. Bo Hines was also named CEO of USAT.
September 12