Brookline Bank

July Economic Newsletter: The Wait Time for Rate Cuts is Getting Shorter. https://lnkd.in/e6Z8qEij

In our latest Business Brief video, hear from Doug and Steve Woodman, co-owners of Woodman’s of Essex - a long-time, Cape Ann institution famous for its fried clams and other seafood delicacies. 

June Economic Newsletter: Perception Versus Reality https://lnkd.in/eAwdT5KA

Founded in 1866, Worthen Industries is a family owned, highly diversified manufacturing company headquartered in Nashua, NH. They design and produce a wide variety of adhesives, coatings, laminated products, and extruded films for multiple markets such as apparel, automotive, medical, and label industries – including many Fortune 500 companies. Worthen operates five manufacturing plants in NH, MA, MI, and VA – and has extensive operations in Asia. When seeking a new banking relationship, Brookline Bank won Worthen’s trust by providing a comprehensive financing package designed to support the company’s working capital, equipment, and commercial real estate needs – plus operating accounts, cash management, interest rate risk mitigation, and foreign exchange services. "The banking relationship we sought was a partnership rather than a client-provider interaction,” said Worthen Industries CEO Eric Worthen. “Being a family-owned company, we deeply value our relationships. We thoroughly interviewed various banks, ranging from large to small, in our search for the ideal partner. Our choice, Brookline Bank, stood out because of their dedication to understanding our business needs and crafting a tailored package that suited us. Brookline was the most creative and most curious of all the potential banking partners we considered. We are looking forward to our future with Brookline." On earning the business, Brookline Bank’s Commercial Banking Group Executive David L'Heureux said: “Worthen Industries is truly a leader in many of the diversified industries it supports. I’ve had the privilege of partnering with both the company and multiple generations of the Worthen family over the past three decades. Brookline Bank is honored to support Worthen Industries as the company executes its strategic growth initiatives. We are excited to play such a supporting role for many years to come.” Making this important deal happen were Brookline Bank’s Commercial Banking Group Executive David L'Heureux, SVP & Commercial Banking Team Leader David Paikin, SVP Commercial Banking Karen Ng, and Sr. Portfolio Manager Marissa Lozano, CFA. From Worthen Industries CEO Eric Worthen and CFO Timothy O'Neil. Thanks as well to closing attorneys Matthew Doring at Nutter and Rebecca Kane at Devine Millimet | Attorneys at Law.

Three of our senior leaders will be mentoring at RMA New England Chapter's upcoming Women’s Affinity Group event, Wednesday, May 22nd in Boston. In the style of speed networking, SVP & CRA Officer Jane Adler, SVP & Director of Corporate Credit Policy Maureen McCarthy, and VP & Senior Credit Officer Monica Paez will represent Brookline Bank as mentors at the event. Learn more at:  https://lnkd.in/eWYsddbD

May Economic Newsletter: Sticky Inflation Keeps Rates Higher for Longer https://lnkd.in/eP3EqdfF

Welcome Mortgage Banking Officer Geanie Melendez to Brookline Bank! Geanie brings extensive experience in financial services and mortgage lending – and is fluent in Spanish. Learn more: https://lnkd.in/gyvwNmST

Brookline Bancorp Announces First Quarter Results