News: Financial Digest

Spencer of North Easton Savings Bank elected to MBA board of directors

Rich Spencer

Easton, MA Rich Spencer, president and CEO of North Easton Savings Bank, has been elected to the 20-member board of directors of the Massachusetts Bankers Association (MBA) at its 2023 annual meeting. Founded in 1905, the MBA is the only association representing FDIC-insured community, regional, and nationwide banks serving consumer and business clients across the Commonwealth.

“As a dynamic industry, it is essential that the association have perspectives of banking leaders like Rich Spencer who provide expertise and experience that enable us to achieve our priorities of providing exceptional resources, advocacy and thought leadership for our members, strengthening them as they serve their clients and communities,” according to MBA’s president and CEO Kathleen Murphy. 

“The market knowledge that Mr. Spencer brings enables the association to anticipate and respond to emerging banking needs and trends that help our members as they serve a very large consumer and business footprint across the Commonwealth.”

 “Banking is all about building partnerships and supporting the common goals of area residents as well as businesses. I am honored to be joining the MBA board of directors as the association’s 118-year history of success has been powered by mutually beneficial collaboration and resource sharing across banks of all sizes,” said Spencer. “I’m looking forward to being a part of this great Board and supporting the innovation currently occurring across Massachusetts’ banking industry and in our surrounding communities.”

READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
STAY INFORMED FOR $9.99/Mo.
NEREJ PRINT EDITION
Stay Informed
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Newsletter
Columns and Thought Leadership
Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
The New England Real Estate Journal presents<br> the First Annual Project of the Year Award! Vote today!

The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!

The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
Investing in a falling rate environment - by Harrison Klein

Investing in a falling rate environment - by Harrison Klein

Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary