Banking & Finance

People are on the move at Clark University, Country Banke, AAFCPAs and more.

A recession coinciding with the start of the coronavirus pandemic last spring sent the American economy into its largest contraction in modern history. Now bankers are wondering, will pent-up demand lead to explosive economic growth? Or are people saving more than ever out of worry or survival? 

Moneta, a partner-owned registered investment advisor company headquartered in St. Louis, has announced a merger with Worcester financial firm The Berry Group on Thursday.

Registration remains open for WBJ’s Economic Forecast Forum, which will take place at 11:30 a.m. via Zoom on Thursday.

Country Bank, headquartered in Ware, is pairing up with the Worcester Regional Chamber of Commerce to provide scholarship opportunities for small businesses to receive a one-year paid membership to the chamber, the two groups announced on Monday.

People are on the move at UMass Memorial Medical Center and North Brookfield Savings Bank.

Two years ago, Del Valle said Friday, she purchased a house and was able to expand the backyard using money she gained from a refund facilitated through the Volunteer Income Tax Assistance, or VITA, program. That in turn gave her clearance to open her daycare.

Berkshire Hills Bancorp, Inc., the Boston-based parent company of Berkshire Bank, has named Connecticut-based Webster Bank executive vice president of community banking Nitin Mhatre as the company’s next president and CEO.

As Washington, D.C. tussles over yet another stimulus check proposal, Leominster Credit Union is taking matters into its own hands.

Rockland Trust Co., which opened two branches in Worcester last year, has named two new people to its board, concurrently with parent company Independent Bank Corp.