Rising rates could spur lending Leaning toward lending A Edition

Shawmut, for example, plans to concentrate more on small business and consumer lending to become a stronger regional player, Bhatt said. Fleet Financial Group will focus on consumer loans with some commercial lending, said Eugene McQuade, vice chairman and chief financial officer. In Middletown, [Ke...

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Bibliographic Details
Published inThe Hartford courant
Main Authors Johnson, Joanne, Courant Staff Writer
Format Newspaper Article
LanguageEnglish
Published Hartford, Conn Tribune Publishing Company, LLC 06.02.1994
Subjects
Bush, Nancy A
Merrigan, Gary
Noonan, Gerald
Rondinelli, Yolanta
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Summary:Shawmut, for example, plans to concentrate more on small business and consumer lending to become a stronger regional player, Bhatt said. Fleet Financial Group will focus on consumer loans with some commercial lending, said Eugene McQuade, vice chairman and chief financial officer. In Middletown, [Kendrick Bellows] said Liberty Bank is stepping up both its mortgage and commercial loan operations. Liberty has added about four people to its mortgage division in the last six months to bring its total in that area to 16. In the commercial division, Liberty has built up a staff of 12 over the last three years and plans to further expand that unit this year. Credit: Corey Lowenstein/Special to The Courant; Caption:[Yolanta Rondinelli] and Giovanni Rondinelli,who got a loan from Middletown-based Liberty Bank are in their new home in Middletown.
ISSN:1047-4153