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Banking & Finance

Milford National Bank names new VP

Laura Finaldi |

Steve Carpinella, a former loan review consultant for Cobblestone Management in Brockton, has joined The Milford National Bank and Trust Company as vice president, commercial loan officer.

South County banks eye $1B merger, rebranding

Laura Finaldi |

SpencerBANK and Southbridge Savings Bank, which merged their holding companies in May, will now merge as one institution and rebrand as Cornerstone Bank.

Fidelity’s deposits grew 27% in 2016

Fidelity Bank’s 2016 merger with Barre Savings Bank helped grow deposits at the bank by 27 percent in 2016 and improved other performance metrics.

Main Street Bank now official

The merger of Marlborough Savings Bank and North Middlesex Savings Bank was made official on April 1. The two longtime banks first said last July they planned to merge, and earlier this year they...

Southbridge credit union wants to expand members' horizons

As part of Kate Alexander's desire to create a more sustainable, community-centric Southbridge Credit Union – increasing its $175 million in assets currently under management – she is...

Working effectively with your accountant


Business owners can often feel judged and shamed for not doing things correctly. This is a natural feeling to be avoided with a few simple steps to ensure the relationship with your accountant is...

Workers surpasses $1.5B in assets

At its annual meeting in Leominster on Thursday, the Fitchburg-based Workers Credit Union reported its assets grew 14.29 percent to $1.51 billion, the highest growth in credit unions across the...

Workers Credit Union pays $3.3M to members

Fitchburg bank Workers Credit Union paid out $3.3 million its its members last year, the fourth straight year it made such a payout.

How personal happiness can lead to professional success


When we tackle a job and a career, we are often asked to sacrifice what we're most passionate about personally in order to punch the proverbial clock.

Workers Credit Union starts $75K small biz loan

Fitchburg financial institution Workers Credit Union is starting a new loan program for small businesses, it announced Friday.

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