Movers & Shakers

Check out which Central Mass. professionals have landed new positions recently.

Millbury Savings Bank, bankHometown plan $1B merger

Millbury Savings Bank and Oxford-based bankHometown are planning to merge and create a financial institution with $1 billion in assets and 15 branch locations in Central Massachusetts and Connecticut.

Economic risks on horizon, Boston Fed economist says

A senior policy advisor at the Federal Reserve Bank of Boston said Thursday economic risks sit on the horizon.

bankHometown's sister company merges with Abington Bank

The parent company of Oxford-based bankHometown has merged a subsidiary with Abington Bank.

Worcester area economy grew 3.2% last year

The Worcester area's economy grew 3.2 percent last year, its highest annual rate since the 1990s on the strength of a low unemployment rate.

Reliant Foundation had to stand on its own quickly

When international healthcare company Optum bought Reliant Medical Group for $28 million on March 31, the Worcester physician group's foundation was spun out as an independent entity.

Someone who owes you money files for bankruptcy. Now what?

You have just learned that your counterparty has filed for bankruptcy. Be aware that deadlines in bankruptcy move quickly, and creditors who sit on their rights may lose them.

GFA first in Mass. to offer marijuana banking services

GFA is the first to serve the state's recreational marijuana industry, putting the institution at the forefront of a market with tens of millions in sales.