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Amid all the bad news this year among taxi-medallion lenders, banks are trying to renegotiate loan terms behind the scenes, and regulatory changes could prop up collateral values and the competitiveness of taxis.
May 25 -
The company agreed to buy Commerce Bancshares, which has three branches in Boston.
May 22 -
Numerated Growth Technologies has a platform that lets banks make lending decisions in as little as five minutes. The spinoff will be run by Dan O'Malley, Eastern's former chief digital officer.
May 17 -
State Street won $110 billion of new asset-servicing business in the quarter.
April 26 -
The subprime auto lender funded loans through a group of car dealers that it knew had track records of high default rates and fraud, authorities in Massachusetts and Delaware said.
March 29 -
Daniel Trombley ending his lengthy career, Daniel Waltz to take over the helm.
March 20 -
Gerard Nadeau has been the company's top commercial lending executive since 2007.
March 17 -
Tiny Hudson Municipal lost more than $30,000 during each of the last two years.
February 27 -
CU’s GiveBack program has rewarded account and loan balances 4 years in a row.
February 22 -
Tiny $17 million Touchstone Federal Credit Union has two branches and 2,291 members, and will merge into a credit union with more than $1 billion in assets.
February 22 -
The Dorchester, Mass.-based CU liked COCC’s robust functionality.
February 15 -
Lisa Oliver, who will also become the bank's president, previously ran the business banking division at KeyBank.
February 14 -
Instead of focusing on wanting deregulation, the industry should be driving home the credit union difference as the reason why CUs are worthy of special treatment.
February 10Greylock Federal Credit Union -
The $24 million Landmark CU lost more than $1 million in 2016.
January 31 -
Eastern Bank developed its own online lending platform to compete with the likes of Kabbage and OnDeck. It might now be able to cash in by licensing to other banks.
January 29 -
The Massachusetts-based CU liked COCC’s cooperative business model.
January 27 -
Documents from Massachusetts complicate the narrative that marijuana businesses either can’t get bank accounts or are only being served by small institutions.
January 11 -
Eastern Bank in Boston has hired a former Citi Cards executive to oversee its consumer-lending business.
January 9 -
Nationwide the number of bank branches fell by about 1.7% last year. But some cities and states were hit harder than others, according to data from the Federal Deposit Insurance Corp. and research firm BankRegData.
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