News: Financial Digest

Briand of BayCoast Bank re-elected to Massachusetts Mortgage Bankers Association board of directors

Daniel Briand, BayCoast Bank

Somerset, MA BayCoast Bank senior vice president Daniel Briand has been re-elected to a three-year term on the board of directors of the Massachusetts Mortgage Bankers Association (MMBA).

Briand, who serves as senior vice president/retail lending manager at BayCoast Bank, was re-elected at the organization’s recent Annual Dinner/Installation held in Wakefield, and attended by a number of dignitaries including governor Charlie Baker.  

The MMBA is the Commonwealth’s trade association representing the real estate finance industry. Founded in 1974, the MMBA is the largest mortgage association in New England.

Briand, who was promoted to his current position with BayCoast Bank in 2012, is responsible for managing the bank’s retail lending including mortgage and consumer loans, as well as developing new products and expanding the Bank’s lending within its market area.  He first joined BayCoast Bank in 2009. Briand also serves as president and CEO of NFC Mortgage Company, LLC, a wholly-owned subsidiary of BayCoast Bank, which engages in mortgage lending operations throughout the East Coast.

In all, he has more than 35 years of real estate and mortgage banking experience, having served in senior management positions at several regional banks including Sovereign Bank, Compass Bank, and BankBoston.

Briand earned his bachelor’s degree from the University of Rhode Island. In addition to his position on the board of directors for the MMBA, he also serves that organization as a member of their education committee. He also is treasurer for the Mattapoisett Road Race Committee, is an active member of the Fall River/New Bedford Housing Partnership and volunteers at the Fall River Homeless Shelter.

BayCoast Bank CEO and president Nicholas Christ said, “Dan is a key part of the BayCoast team and the community, and we are pleased that he represents us on this important Board.”

BayCoast Bank is a mutually-owned savings bank chartered in 1851 and headquartered in Swansea, Mass. The bank serves southeastern Massachusetts and Rhode Island, with locations in Fall River, New Bedford, Seekonk, Somerset, Swansea, North Dighton, Fairhaven, Dartmouth, Westport, and Tiverton, RI.  BayCoast Bank and its affiliates offer a wide range of financial services for consumers, businesses, non-profits and municipalities.  Its affiliates include BayCoast Financial Services, offering stocks, bonds, mutual funds, annuities and college savings plans; Plimoth Investment Advisors, offering investment management, trust services, and financial planning; Partners Insurance Group, LLC, an independent agency providing automobile, home, life and business coverage through a wide range of insurance companies; and NFC Mortgage, which offers a wide variety of products including FHA, VA, Conforming Loans and Jumbo Loans in 11 states.

MORE FROM Financial Digest

Preservation of Affordable Housing secures $23.5 million in financing from Rockland Trust and Citizens Bank

Cambridge, MA The nonprofit Preservation of Affordable Housing (POAH) has secured $23.5 million in financing from Rockland Trust and Citizens Bank to transform a 150-year-old, underutilized church complex into housing. The project will ultimately create 46 affordable family-sized apartments.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Quick Hits
Columns and Thought Leadership
Conn. hospitality market: A technical appraisal perspective on market dynamics and valuation challenges (2019-2025)

Conn. hospitality market: A technical appraisal perspective on market dynamics and valuation challenges (2019-2025)

The Connecticut hospitality market has demonstrated uneven recovery patterns between 2019 and 2025, with boutique and historic properties achieving $125 RevPAR in 2025, up 8.7% from the 2019 level. Coastal resort properties achieved a $105 RevPAR in 2025, representing 10.5% growth since 2019. Casino corridor properties maintained modest growth with RevPAR improving 4.5% to $92 in 2025.
Examples of investors who used Kay Properties for legacy and estate planning purposes for rental property/portfolios - by Dwight Kay

Examples of investors who used Kay Properties for legacy and estate planning purposes for rental property/portfolios - by Dwight Kay

Preserving wealth across multiple generations requires strategic planning, foresight, and the right investment vehicles. Delaware Statutory Trusts (DSTs) offer a powerful solution for families looking to build and protect their financial legacy and to efficiently plan for their estate.