• Messageboard • Info Board • starting in October. Sort:     Author: Message: fezdmwqf Hohlbratze 908 Posts registered: 26.10.2013 27.10.2013, 17:02   Provident Bank posts report earnings Demand for commercial real estate loans along the Nh seacoast helped The Provident Bank of Amesbury post record earnings of $361 trillion in 2006, a 9 % increase over the previous year, the bank reported. Total loans matured 12 percent, to $249 million. Much of that expansion was driven by simply demand for construction financial products, for projects for example mill building residence conversions in the Marble State, where Provident features offices in Seabrook and Portsmouth. "Our growth has really been recently driven from there,In . said Charles R. Cullen, the particular bank's chief executive officer. "There has been a tremendous decline within [condo conversion] projects, due to the accumulation in inventory. We've been fortunate to have [financed] a few very successful projects.Inch Total deposits were the bank's slowest part of growth, increasing Five percent to $245 million. Cullen said good returns inside the stock market likely cut into its market share. "Any period the stock market is doing nicely, we see a flight involving deposits," he explained. But improving stock performance also aided Provident Financial Advisors, the bank's financial organizing and investment unit. The unit's property now total $91 thousand , a 26 percent increase over 2005. Provident noted its 2006 economic results last month in its 179th annual assembly. In addition to its primary office in downtown Amesbury, the bank has a part office in Newburyport and the two New Hampshire places. In the year ahead, Provident seeks to court new customers by simply rolling out new items. A new CashBack Bank checking account will pay customers Seven cents for every immediate deposit made to your account, debit greeting card purchases that require a signature and online costs payments. "The battle pertaining to deposits is brutal," Cullen said. Cambridge Wellness Alliance, a open public healthcare network,parajumpers udsalg, offers so far invested $7.Two million in the new middle, which will specialize in primary care. Only the first floor of the twostory center is done. It will be staffed simply by doctors working for the particular alliance, plus fresh physicians enrolled in the Tufts University Family Treatments Residency program. The center also will offer treatment in specialized regions, including prenatal care, sports medicine, bronchial asthma, diabetes and depression. The center is the very first new medical facility to spread out in Malden since Late 2001, when the former Malden Healthcare facility was closed simply by Hallmark Health Corp. associated with Melrose. The Malden Family Hospital won't provide crisis care. But it will likely be open for visits six days a week, when it officially opens on June 20. It also will offer Weekend appointments, starting in Sept. Malden, a city of about 60,000, has a different population, including a many Asian immigrants. Translation services will be provided inside Chinese, Haitian Creole, and Spanish, among other languages. In addition to the Malden center, Cambridge Health Alliance also owns Whidden Memorial Hospital in Everett,parajumpers jakke dame, and operates wellbeing centers in Everett as well as Revere. Most RE granted top regional prize A precision metalwork equipment company claimed the very best prize in this springs North Shore Business Plan Competitors run by the Venture Center at Salem State College. Most RE LLC won a $5,500 cash prize. The business uses rolling routine technology, which shapes metals by moving it through paint rollers. The technology is applied within the jewelry and accuracy instruments industries. The company, founded in Marblehead by the Menn family, is moving soon to Salem, administrators said. "Most RE gained because the judges believe that it has the potential to produce the largest number of jobs on the North Shore," said Christine Sullivan , executive movie director of the Enterprise Centre, and a contest assess. Sential Corp. of Salem placed next. The firm offers designed a warning unit for running shoes that will signals when the shoe's shocks are worn out. The corporation received a $3,000 cash prize. 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