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Encore Capital Group, Inc. (Nasdaq:ECPG) announced the resolution of litigation initiated earlier this year by the Office of the Attorney General of the State of Texas against Encore Capital Group and certain subsidiaries. The resolution was in line with what the company announced in connection with its 2011 third quarter financial results.
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Century Bancorp Inc. (NASDAQ:CNBKA) announced that the Company received notice that Roger S. Berkowitz resigned from his position as Director of Century Bancorp, Inc. and Century Bank and Trust Company. Mr. Berkowitz was elected to the Board of Directors of the Federal Reserve Bank of Boston and it is required that he relinquish any position that he holds in any other bank.
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Washington Trust Bancorp Inc. (Nasdaq:WASH) expanded its regional footprint for mortgage banking services by opening its second Home Loan Center in Massachusetts at 25 Mall Road in Burlington. The Bank opened its first Massachusetts Home Loan Center at One Merchant Street in Sharon, Massachusetts in 2009.