BBN.BANK Loan Market is Live!

  We are pleased to announce the launch of our loan marketplace for buying and selling loans on the Bankers’ Bank Network (BBN.BANK).  This platform provides banks with an efficient, simple and cost effective way to market loans they are seeking to move off the balance sheet due to rate, concentration or asset/liability considerations. Conversely,… Read more »

Atlantic Community Bancshares, Inc. and BBN Financial Corporation Merger Update

I want to provide an update on our merger with Atlantic Community Bancshares, Inc. (ACBI). On October 19th, BBN shareholders approved the Agreement and Plan of Merger with ACBI and its banking subsidiary, Atlantic Community Bankers Bank (ACBB). Regulatory applications have been filed with the Federal Reserve Bank of Philadelphia and the State of Connecticut… Read more »

BBN Board member, Julie Thurlow, President and CEO of Reading Co-operative Bank receives industry recognition.

Reading Co-operative Bank President & CEO Julieann M. Thurlow Receives Three Prestigious Industry Awards in a Single Month American Banker, New England Women in Banking and The Boston Globe all honor Julieann Thurlow in October Reading, MA…Reading Co-operative Bank, a community bank with eight branches and assets in excess of $440 million, today announced that… Read more »

Atlantic Community Bancshares, Inc. and BBN Financial Corporation Announce Merger

Atlantic Community Bancshares, Inc., the parent of Atlantic Community Bankers Bank headquartered in Camp Hill, Pennsylvania and BBN Financial Corporation, the parent of Bankers Bank Northeast headquartered in Glastonbury, Connecticut announce merger to better serve customers in Mid-Atlantic and New England regions. Camp Hill, PA and Glastonbury, CT – Atlantic Community Bancshares, Inc. (ACBI), headquartered in… Read more »

BBN FINANCIAL CORPORATION AND PEOPLEHEDGE ANNOUNCE JOINT VENTURE

Introducing Better Pricing and Improved Efficiency for Foreign Exchange Glastonbury, CT– Bankers’ Bank Northeast (BBN) of Glastonbury, CT and PeopleHedge of Boston, MA have joined together to form a strategic joint venture called Bank AnoVa Partners, LLC. The intent of the partnership is to provide community financial institutions with the lowest cost and most efficient… Read more »

BBN Launches Financial Holding Company

(GLASTONBURY, CT) September 16, 2016 – Effective immediately, Bankers’ Bank Northeast has reorganized into a financial holding company known as BBN Financial Corporation.  Upon consummation, the holding company acquired all of the issued and outstanding shares of capital stock of BBN. The Plan of Reorganization was approved by the board of directors in February 2016… Read more »