Banking & Finance

Eight women from around Central Massachusetts have earned the honor this year.

People are on the move at Greater Worcester Community Foundation, North Brookfield Savings Bank, Reliant Medical Group, and more.

When employers set wages, a lot of factors go into the decision. They ask themselves a variety of questions, including what they can afford, what is industry standard, what’s the market rate for the position, and, in some cases: Is this a living wage?

Rockland Trust, the bank headquartered in Rockland, announced Wednesday the opening of its third Worcester retail branch.

Bank of America, which is the largest bank in Central Massachusetts when ranked by deposits, announced on Wednesday it has raised its U.S. minimum hourly wage to $21.

After 14 years with GFA Federal Credit Union in Gardner, David Bojarczuk announced Wednesday his retirement as executive vice president and chief financial officer.

Clark University received a $2-million gift, which will go toward restoring its 54-year-old theater and arts center, according to a Thursday announcement on the Worcester university’s website.

A Shrewsbury financial services provider formerly known as W. F. Financial Services changed its name to be more reflective of its offerings, according to an announcement on Tuesday.

Assumption University in Worcester is naming its new 1,000-square-foot health sciences center, completed in November 2020, after alum Dr. Richard Catrambone and his wife Sophia, following a multi-million dollar donation to the school.

People are on the move at Adcare Hospital, ERA Key Spencer, Savers Bank, and more.