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New CEO At Westfield Financial
Wednesday, August 27, 2008 (207 reads)
James C. Hagan will succeed Donald A. Williams as chief executive officer of Westfield Financial, the holding company for Westfield Bank, effective Dec. 31.
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Wyatt Named VP At Randolph Savings
Wednesday, August 27, 2008 (190 reads)
Dennis M. Wyatt has joined Randolph Savings Bank as senior vice president, director of retail banking. In his new position, Wyatt will be responsible for all aspects of the bank’s retail banking operations including managing all branches and branch employees in Massachusetts and Rhode Island.
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Banks Face $1 Billion Bill For Online Bill Pay
Wednesday, August 27, 2008 (232 reads)
As the popularity of online bill payments grows, a new study by Mass.-based TowerGroup finds that banks may have to pay upwards of $1 billion by 2010 in online bill pay-related costs and services.
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Mass. Home Prices Tumble In July
Tuesday, August 26, 2008 (232 reads)
The median price of single-family homes in Massachusetts fell 12.3 percent in July, marking the sharpest decline in monthly home prices since The Warren Group, Banker & Tradesman’s parent company, began tracking the housing market in 1987.
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Newton Co. Acquires Four Fitness Centers For $100M
Tuesday, August 26, 2008 (193 reads)
Senior Housing Properties Trust of Newton has acquired four health and wellness centers operated by Life Time Fitness for $100 million. The real estate investment trust has also entered into a long-term lease arrangement with Life Time Fitness for these same properties.
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Institution For Savings Goes Back to School
Tuesday, August 26, 2008 (184 reads)
Next week, the Newburyport-based Institution for Savings Educational School Bank will officially open at Triton Regional High School in Byfield, for the first day of school.
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