Word: shawmute
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Although the bank faces stiff competition, especially form larger lenders such as Baybank and Shawmut, Mullins says his mortgage executives are committed to soliciting loans throughout the city...
Salary and benefits of Joel B. Alvord, chair of Shawmut National Corp.--a large for profit banking concern--in 1992: $1.4 million...
...Massachusetts Enterprise Project, which began last year, differs slightly. Rather than issuing lump-sum payments, MEP gave participants regular unemployment checks for 24 weeks. It also offered 10 weeks of small-business instruction and financing at MEP's partner bank, Shawmut. So far, Shawmut has provided $165,000 in loans for such ventures as a catering service, a photography studio and a billiard hall. James O'Neill, who lost his $55,000-a- year job as a plant manager in August 1990, launched a worker's compensation consulting firm based in Westfield. "There was a period of doubt," he recalls...
William Craig, a former Shawmut National Corporation executive, leads an investor group that seeks control of three failing savings banks: Dartmouth Savings Bank, New Hampshire Savings Bank and Numerica Savings Bank. Dartmouth Savings chief executive Robert Keller is part of that group, according to The Globe...
...closed. But the merger with the revitalized BankAmerica was a necessary maneuver for CEO Robert Smith's troubled Security Pacific, which has been weakened by bad real estate loans. BankAmerica will now be a force in 10 Western states, and is reportedly considering a bid for New England's Shawmut National as well...