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Reading Cooperative Bank recently launched a program that aims to hire young Black and Hispanic adults from low-income communities. Its leaders say it’s part of a broad strategy to develop new pipelines of talent and better serve low-income communities.June 30
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Some states aren't waiting on the Federal Reserve to help with the historic hits to their budgets. Instead, they're working with a lender that they have a much longer history with: Bank of America.April 16
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In blue states in particular, governors and attorneys general are taking up the mantle of consumer protection during the coronavirus emergency, effectively adding another layer of regulation to the patchwork of state and federal oversight.April 12
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Jonathan Dowst will become president in July and CEO a year later.March 13
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The company acquired ResX Warehouse Lending from People's United Financial.January 22
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People's United in Connecticut is letting the loans run off its books as it invests in higher-yielding commercial loans.January 17
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The Massachusetts savings bank will gain branches in two communities as part of the acquisition.January 16
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One found a buyer, another announced plans to retire, and others took steps to reinvent their banks.December 23
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The company will pay about $58 million in cash for Melrose Bancorp.December 19
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The company will pay $122 million for six branches and nearly $1 billion in assets.December 5
