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Berkshire Bank
Berkshire Bank is a bank headquartered in Boston, Massachusetts. It is a subsidiary of Berkshire Hills Bancorp, a bank holding company. The bank operates 130 branches in New England, New York and the Mid-Atlantic, and is the largest regional bank headquartered in Massachusetts. History The bank was founded on February 6, 1846 as Berkshire County Savings Bank. In 1997, the bank acquired Great Barrington Savings Bank and changed its name to Berkshire Bank. In 1998, James A. Cunningham Jr. was named president and chief executive officer of the bank. The bank acquired Woronoco Savings Bank in 2005, Factory Point National Bank in 2007, Rome Savings Bank in April 2011, Legacy Banks in July 2011, Connecticut Bank & Trust Company in April 2012, Beacon Federal Bank in October 2012, Hampden Bank in April 2015, First Choice Bank in December 2016, Commerce Bank & Trust Company in October 2017, and SI Financial Group in 2019. In November 2017, the bank signed a lease for a new headquarters ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not ( unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Established In 1846
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Based In Massachusetts
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Boston
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Boston Business Journal
The ''Boston Business Journal'' is a weekly, business-oriented newspaper published in Boston, Massachusetts. It is published by the American City Business Journals. The newspaper was founded by Robert Bergenheim and launched its first issue on March 2, 1981. The newspaper was originally named "P&L The Boston Business Journal" ("P&L" stood for profit and loss). However, "P&L" was later dropped from the name. Bergenheim was a former publisher of the Boston Herald. Before that, he was an editor at '' The Christian Science Monitor''. See also *List of newspapers in Massachusetts This is a list of newspapers in Massachusetts, including print and online. Daily newspapers :''This is a list of daily newspapers currently published in Massachusetts. For weekly newspapers, see List of newspapers in Massachusetts.'' No ... References Business newspapers published in the United States Newspapers published in Boston 1981 establishments in Massachusetts Newspapers esta ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bisnow Media
Bisnow Media, also known as Bisnow, is a multi-platform digital media company that produces news and live events. Founded in 2005, Bisnow Media is owned by private equity firm Wicks Group and has offices in New York and Washington, D.C. with 75 full-time employees. Covering 27 metropolitan markets across the U.S., Canada and the U.K. with a subscriber base of over 600,000, Bisnow is one of the largest producers of commercial real estate news and events. The company's publications have been described as similar to ''Business Insider'', covering topics such as real estate, technology and businesses with a slight irreverence similar to BuzzFeed. History The company was founded in 2005 by Mark Bisnow, a DC lawyer, business executive, and radio talk show host, who had become known for irreverent "Bisnow on Business" radio spots on the local all-news station and active involvement in local business organizations and philanthropies. Bisnow wanted to take advantage of the new economics ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Center, Boston
Government Center is an area in downtown Boston, centered on City Hall Plaza. Formerly the site of Scollay Square, it is now the location of Boston City Hall, courthouses, state and federal office buildings, and a major MBTA subway station, also called Government Center. Its development was controversial, as the project displaced thousands of residents and razed several hundred homes and businesses. Controversial in design since before it was completed, the use of Brutalist architecture for its main buildings, as well as the open brick-and-concrete plaza at the center of the development, have been alternately praised for its innovative design, and scorned for its lack of character and uninviting appearance. After decades of calls for a redesign to make it more friendly and usable, a major rebuild of City Hall Plaza, the main public space of Government Center, was begun in 2020 and is to include additional seating areas, play spaces for children, and space for public art. Hi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
60 State Street
60 State Street is a modern skyscraper on historic State Street in the Government Center neighborhood of Boston, Massachusetts. Completed in 1977, it is Boston's 19th tallest building, standing 509 feet (155 m) tall, and housing 38 floor History Sixty State Street marks the site of one of two colonial taverns named the Great Britain Coffee-House, where Queen Street (now Court Street) ended and King Street (now State Street) began. This Great Britain Coffee-House, established in 1713, advertised "superfine bohea, and green tea, chocolate, coffee-powder, etc." In 1838, Thatcher Magoun Sr., a ship designer, builder and merchant who ran a shipbuilding facility in Medford, established Thatcher Magoun & Son, a counting-house, on the 60 State Street site to manage his business revenue, bookkeeping and correspondence. This helped to establish State Street as one of Boston's financial centers, hence initiate the city's Financial District. His son and grandson, Thatcher Magoun Jr. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hampden Bank
Hampden Bank (formerly Hampden Savings Bank) was one of two banks headquartered in Springfield, Massachusetts, (the other - NuVo Bank - was opened in Metro Center in 2009.) Established in 1852, Hampden Bank was a full-service bank that serves people and businesses in Hampden County, Massachusetts, and in surrounding communities. As of 2011, Hampden Bank had ten office locations in Springfield, Agawam, Longmeadow, West Springfield, Wilbraham, at Tower Square in Metro Center Springfield, and in Indian Orchard. In 2015, Hampden Bank was acquired by Pittsfield-based Berkshire Bank. History Founded in Springfield, Massachusetts before the American Civil War in 1852, Hampden Bank's roots in Western Massachusetts run deep. Originally chartered to serve railroad employees - one of Hampden Bank's first locations, built-in 1918, is listed on the National Register of Historic Places - and is located two blocks south of Springfield Union Station. (For information on that building, see: Ha ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American City Business Journals
American City Business Journals, Inc. (ACBJ) is an American newspaper publisher based in Charlotte, North Carolina. ACBJ publishes The Business Journals, which contains local business news for 44 markets in the United States, Hemmings Motor News, Street & Smith's Sports Business Daily, and Inside Lacrosse. The company is owned by Advance Publications. The company receives revenue from display advertising and classified advertising in its weekly newspaper and online advertising on its website and from a subscription business model. The bizjournals.com website contains local business news from various cities in the United States, along with an archive that contains more than 5 million business news articles published since 1996. As of August 2021, it receives over 3.6 million readers each week. History The company was founded in 1982 by Mike Russell with the launch of the Kansas City Business Journal. In 1985, the company became a public company via an initial public offeri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Federal Deposit Insurance Corporation
The Federal Deposit Insurance Corporation (FDIC) is one of two agencies that supply deposit insurance to depositors in American depository institutions, the other being the National Credit Union Administration, which regulates and insures credit unions. The FDIC is a United States government corporation supplying deposit insurance to depositors in American commercial banks and savings banks. The FDIC was created by the Banking Act of 1933, enacted during the Great Depression to restore trust in the American banking system. More than one-third of banks failed in the years before the FDIC's creation, and bank runs were common. The insurance limit was initially US$2,500 per ownership category, and this was increased several times over the years. Since the enactment of the Dodd–Frank Wall Street Reform and Consumer Protection Act in 2010, the FDIC insures deposits in member banks up to $250,000 per ownership category. FDIC insurance is backed by the full faith and credit of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
