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Banking & Finance

Rockland Trust parent reports solid gains

John Agoglia |

Independent Bank Corp., the parent of Rockland Trust Co. which operates branches in Bellingham, Franklin and Milford, reported third-quarter net income of $15.7 million.

Babson study: VC for female entrepreneurs still lags

Emily Micucci |

Women have made strides in raising venture capital in the last 15 years, but a wide gender gap persists, according to a Babson College study on the topic.

Looking back to 1990: Fleet merges with BankBoston

This year, the Worcester Business Journal marks its 25th anniversary. In each print edition, we are highlighting a major event within the Central Massachusetts business community between 1990 and...

Investors gobble up Mass. 'green bonds'

STATE HOUSE NEWS SERVICE |

Massachusetts treasury officials last week were inundated with $1 billion in buy orders for so-called “green bonds,” helping the state to obtain favorable interest rates for $350 million...

Fidelity to pay $3.5M in TelexFREE case

SAM BONACCI and RICK SAIA |

Fidelity Bank of Fitchburg has agreed to pay $3.5 million toward a relief fund for Massachusetts investors who were defrauded by an alleged pyramid scheme involving TelexFREE of Marlborough, the...

Top credit unions

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IC Federal to open Worcester branch

IC Federal Credit Union will expand into Worcester before the end of the year, the Fitchburg-based financial institution announced.

More firms boosting bank deposits

Rick Saia |

In a sign of increased business optimism, more companies are depositing cash in short-term investment accounts in banks, with an overwhelming majority of depositors citing better cash flows as a...

Commerce Bank boosts mortgage product portfolio

Commerce Bank announced Monday that it's offering additional home mortgage products to new and existing customers.

A new touchpoint for security at credit union

LIVIA GERSHON SPECIAL TO THE WORCESTER BUSINESS JOURNAL |

Let's say a worker has access to sensitive, confidential information, like the accounts of thousands of credit union members. How often should the worker change his or her password?...

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