Massachusetts

Hometown Financial, which completed three acquisitions this year, is considering branch openings for a push into the city.

The Massachusetts-based institution, which will forgive more than $750,000 in fees, is the latest to come to an agreement regarding overdraft claims.

Dorothy Savarese will remain the Massachusetts bank's chairman and CEO.

The Lowell, Mass.-based institution can now serve Norfolk and Suffolk counties, along with more than 150 cities across Massachusetts and New Hampshire.

Their challenge is creating a viable, profitable product that doesn't get flagged for being predatory.

The Boston company said the loan participation went into default due to potentially fraudulent activity.

Thurlow recognized that if she wanted to get serious about reaching the unbanked in her community, she needed to meet people where they were. That meant providing financial products they actually need and giving them access in their native language.

After a nine-month transition period, Lyndon Matteson has been elevated from president to president and CEO following Edward Lopes' retirement.

Joseph Campanelli, CEO of Needham Bank, wants to be ready to scoop up mutuals struggling with rising costs and yield curve challenges.

Malia Lazu, a former community organizer, is overseeing a cultural shift at the Boston company that includes a new program designed to make more loans to minorities.