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Nonprofit Supports Community Entrepreneurs Amid Pandemic

PYMNTS

“Quite the contrary,” says Bob Brennan, chairman of the National Expansion Council and one of the directors of a nonprofit organization called Entrepreneurship for All (EforAll) based in Boston, Massachusetts. “I They don’t have VC funds. To date, EforAll alumni have launched more than 350 businesses and created more than 680 local jobs.

Community 148
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Massachusetts mutuals agree to merge, form multibank holding company

American Banker

The bank units would keep their current names and operate independently but pool resources to improve efficiency. The parent companies of Cape Cod 5 and Fidelity Bank have agreed to combine under a multibank holding company called Mutual Bancorp.

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Massachusetts mutual bank holding companies to merge

American Banker

The banks would continue to operate separately. PeoplesBank and Cornerstone Bank entered into an agreement to combine their holding companies in a deal slated to close early in 2025.

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Software Company Salesforce Offers System For COVID-19 Vaccine Rollout

PYMNTS

The company pointed to Northwell Health in Illinois, the University of Massachusetts Amherst and Gavi , the Vaccine Alliance. Technology can play a critical role in ensuring it’s done efficiently, effectively, and equitably,” said Bret Taylor , president and chief operating officer of Salesforce.

Software 193
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New York amends its Community Reinvestment Act to cover non-bank mortgage lenders; New York DFS issues proposed revisions to CRA regulation to require collection of data by banks on loan applications from minority- and women-owned businesses

CFPB Monitor

6247-A) to the New York Community Reinvestment Act (NYCRA) that expand the NYCRA’s coverage to non-depository mortgage lenders. New York now joins a small group of states, including Illinois and Massachusetts, that apply CRA-type laws to non-depository mortgage lenders. The amendments are effective November 1, 2022.

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CVS To Open 50+ COVID-19 Drive-Thru Testing Sites

PYMNTS

As it works to address the pandemic with testing, CVS Health plans to open over 50 COVID-19 testing sites at designated CVS Pharmacy drive-thru locations throughout Connecticut, Florida, Arizona, Pennsylvania and Massachusetts. CVS Health President and CEO Larry J.

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Lyft Rolls Out Vehicle Partitions In Health Safety Program

PYMNTS

Our community is counting on us to put their health and safety first,” said Angie Westbrock, vice president of global operations and head of Lyft’s COVID-19 Response Task Force, in a prepared statement. “By By prioritizing the wellbeing of our drivers, our entire community gains extra peace of mind.