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Banking & Finance
Fidelity Bank and Cape Cod 5 parent companies to merge into $7B business
September 22, 2023The parent companies of Fidelity Bank of Leominster and Cape Cod 5 in Hyannis have agreed to merge into a single holding company called Mutual Bancorp.
September 22, 2023
Natick insurer acquired by Illinois firm in $510M deal amid bank merger
September 21, 2023Eastern Insurance Group, a Natick-based subsidiary of Eastern Bankshares of Boston ,will likely be acquired by Illinois insurance giant Arthur J. Gallagher & Co. for $510 million in cash.
September 21, 2023
Movers & Shakers for Sept. 18, 2023
Updated: September 18, 2023People are on the move at Fallon Health, Nichols College, and Cornerstone Bank.
Updated: September 18, 2023
Index: Central Mass. employers remain cautiously optimistic in August following July bump
September 11, 2023The Central Massachusetts Business Confidence Index continued to show optimism among employers in August, though it fell behind optimism statewide.
September 11, 2023
Westborough firm raises more than $1B in financing and grants to build Kentucky factory
September 6, 2023Ascend Elements raised more than $1 billion in the past year to build a new factory.
September 6, 2023-
Movers & Shakers for Sept. 4, 2023
Updated: September 4, 2023People are on the move at Milford Regional Medical Center, Mirick O'Connell, and MutualOne Bank.
Updated: September 4, 2023
WPI launches fintech degree programs
August 31, 2023The Business School at Worcester Polytechnic Institute is now offering bachelor’s and master’s degrees in financial technology.
August 31, 2023
Cornerstone buys a former Santander location for a new Tatnuck branch in Worcester
August 30, 2023Cornerstone Bank of Worcester plans to expand its footprint in the city with the $2.1-million purchase of a former Santander Bank branch in Worcester’s Tatnuck Square.
August 30, 2023
North Central chamber graduates 19 from Community Leadership Institute
August 23, 2023The North Central Massachusetts Chamber of Commerce in Fitchburg on Tuesday announced the 19 graduates of its nine-month Community Leadership Institute program.
August 23, 2023
Branding the sky: Developers and tenants find value in putting their names on Worcester office buildings
Updated: August 21, 2023Worcester has a hodgepodge of branded office towers resulting from the shifting office market, acquisitions, and a move to work-from-home policies.
Updated: August 21, 2023
Movers & Shakers for Aug. 21, 2023
Updated: August 21, 2023A number of local companies have announced new hires and promotions, including bankHometown in Oxford, SALMON Health and Retirement in Milford, NAI Glickman Kovago & Jacobs in Worcester, and Rollstone Bank & Trust in Fitchburg
Updated: August 21, 2023
Cornerstone Bank breaks ground on new Shrewsbury branch
August 10, 2023Worcester-based Cornerstone Bank broke ground on its 11th location, its first in Shrewsbury, on July 31.
August 10, 2023
Delay in Mass. tax collection report is now longest in 20 years
August 8, 2023Most states have already reported their year-end tax collections for the budget year that ended June 30, but Massachusetts is not among them and the delay here has now stretched longer than any point in at least 20 years.
August 8, 2023
North Brookfield Savings Bank taps 26-year banking veteran as next CEO
August 4, 2023North Brookfield Savings Bank tapped its former chief financial officer, Kaz Borawski, as its new president and CEO following a brief stint as interim president and CEO. Borawski’s first day in the non-interim role was Tuesday.
August 4, 2023
Tax relief waits as Mass. negotiators file $56B budget accord
July 31, 2023Legislative negotiators filed a compromise $56.2 billion annual state budget Sunday night, packing major education, transportation and health care policy measures and spending into an overdue fiscal 2024 accord that is expected to win House and
July 31, 2023
Long-delayed transportation bill to come up for vote
July 26, 2023House Democrats plan to accept a compromise road and bridge maintenance funding bill Thursday after months at an impasse with their Senate counterparts, though the actual accord itself still hasn't emerged.
July 26, 2023
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