Banking & Finance

Bay State Bank has tapped former Clinton Savings Bank executive Richard Hayward to be the Worcester-based institutions’ new chief financial officer.

The Marlborough-based bank has added two new senior vice presidents to replace her.

Worcester-based Webster First Federal Credit Union has named its inaugural chief human resources officer, promoting employee Erin Jansky to the executive role of one of the largest credit unions in Central Massachusetts.

For the first time in four years, Milford Regional Healthcare Foundation’s Mélange 2025 Gala and Live Auction failed to raise at least $1 million, generating $560,000 less than it did last year.

Even though inflation is cooling off, the cost of living remains high here and consumers are expected to curb spending this holiday season, the Retailers Association of Massachusetts said Wednesday.

The UWCM used $500,000 in seed investments from its United Response Fund, knowing that 80,000 individuals in its service area are affected by food insecurity.

The Massachusetts state auditor is calling into question UMass Memorial Health’s use of $6.2 million it received in COVID relief grants.

The College of the Holy Cross in Worcester has launched a $10,000 micro-grant pilot program aimed at strengthening the college’s participation in the Worcester community.

"The people who are keeping our communities running aren't able to live in them," Debbie Maruca Hoak, CEO of Habitat for Humanity MetroWest/Greater Worcester, said of the housing crisis.

At WBJ, we wanted to showcase how veterans contribute to society beyond their time in the military, particularly in Central Massachusetts business.