Banking & Finance

Peoplare on the move at Mutual One Bank, North Brookfield Savings Bank, GFA Federal Credit Union and more.

North Brookfield Savings Bank has named Mark Drew, most recently of Stoneham Bank, as its new senior vice president and chief commercial lending officer, within the bank’s commercial lending department, the company announced Thursday.

If there’s a healthcare equivalent of the tech startup cliche of starting a business out of someone’s garage, that’s about exactly what Dr. Sean Lordan did.

St. Mary’s Credit Union in Marlborough announced on Thursday it has promoted James Petkewich to executive vice president of retail services.

Fidelity Bank in Leominster announced on Friday it has named Joseph Silva as senior vice president, chief commercial banking officer, effective immediately.

People are on the move at Community Healthlink, Northern Bank & Trust, Cornerstone Bank and more.

Despite the rough past 16 months and the pandemic’s continued impact on the economy, local forecasters are optimistic about the short- and long-term future of the Central Massachusetts business community, especially as statewide restrictions have been lifted and vaccination rates rise.

Avidia Bank will open its latest branch Monday at 196 Washington St. in Hudson.

Southborough information technology company Virtusa has partnered with Custodigit to provide a way for regulated financial service providers to offer digital assets to their clients while also partnering with a firm to bring in digital onboarding of clients.

This five-month investigation by Worcester Business Journal and Worcester Regional Research Bureau dives into how racial discrimination in mortgage lending and home ownership creates neighborhoods of have's and have-not's in Greater Worcester, where educational and economic success is harder to achieve.