Following the Silicon Valley Bank collapse and purchase by First Citizens Bank and Trust Company, several Massachusetts representatives are urging the new owner to keep SVB's commitments to affordable housing in the state.
The Boston-based bank, which has undergone numerous leadership changes in recent years, hired a new commercial banking head and a new chief credit officer. CEO Nihin Mhatre said the bank is in a "very, very good spot" as his transformation of the company proceeds.
/PRNewswire/ Berkshire Hills Bancorp, Inc. (NYSE: BHLB), the parent company of Berkshire Bank, a leading socially responsible community bank with financial.