Massachusetts

Neil Gordon, a former executive at nearby Millbury Federal Credit Union, will take the helm next month.

Members of tiny Gloucester Municipal CU are set to vote early next year on whether to join Metro Credit Union.

Carla Rasetta is stepping down after a decade at the helm of the Massachusetts-based institution.

Andrea White, a former VP at Freedom National Bank, was named CEO of the Massachusetts-based credit union, the first time a woman has held that position.

Barbara Mahoney, who joined the credit union in 2003 as a human resources executive, will take over after John O’Brien retires next month.

Victories in Massachusetts earlier this week bring the Credit Union Legislative Action Council to a 96% success rate backing races in this election cycle.

The Massachusetts company, which converted from a credit union to a bank in 2013, is laying off more than 40 employees with a focus on people working in its retail banking operations.

The Massachusetts company is laying off more than 40 employees with a focus on people working in its retail banking operations.

Provident Bank was recast as BankProv to avoid confusion as it adds business lines and enters new markets.

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.

Craig Leonard, who has spent a decade at Harvard University Employees Credit Union, will take the helm in July following longtime CEO Gene Foley's retirement.

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.

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.

The Massachusetts-based credit union said its strong financial position will help it better serve members as the coronavirus crisis deepens.

The Somerville, Mass.-based credit union appointed its VP of lending to serve as temporary CEO following the departure of its longtime leader for another institution.

Jonathan Dowst will become president in July and CEO a year later.

Rui Domingos, who was named as the Lexington, Mass.-based institution's president and CEO, has worked in the industry for almost three decades, most recently at Naveo CU in Somerville, Mass.

Gene Foley joined Harvard University Employees CU as a teller in 1979 and has been CEO since 1994.

Waltham Municipal Employees CU served fewer than 700 members with a total of $8.5 million in assets.

The company acquired ResX Warehouse Lending from People's United Financial.