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Banking & Finance

These two Central Mass. firms received the maximum $10M PPP loan

The U.S. Small Business Administration late Tuesday released new data on the $523-billion Paycheck Protection Program, for the first time detailing how much individual recipients to help businesses stay afloat during the coronavirus pandemic.

Rockland Trust adding 2nd Worcester branch

Rockland Trust, a fast-growing South Shore bank that opened its first Worcester branch early this year, is now adding a second.

🔒Executive Q&A: Looking beyond profits with Redemption Rock and McLaren & Associates

Dani Babineau from Redemption Rock and David McLaren from McLaren & Associates sat down (virtually) to chat about the benefits of being a B Corp.

🔒Movers & Shakers for November 23, 2020

People are on the move at Clinton Savings Bank, Colantonio, Inc. and Central One Federal Credit Union.
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Sbrega to retire as CEO of GFA Federal Credit Union

Tina Sbrega, the president and CEO of GFA Federal Credit Union, will retire next spring after more than a decade as the head of the Gardner institution.

The International Golf Club proposes $10M sale in bankruptcy case

The International Golf Club & Resort in Bolton has found a potential buyer of its assets as the club looks to emerge from bankruptcy.

WBJ Podcast: The pandemic’s impact on North Central Mass. businesses

Roy Nascimento, CEO and president of the North Central Massachusetts Chamber of Commerce, joins The Weekly Business Report to discuss the results of the chamber's survey showing in-depth how the coronavirus pandemic is impacting the business communities in Leominster, Fitchburg and the rest of North Worcester County.

Cornerstone Bank promotes COO to be next president

Randal Webber will be named Cornerstone Bank of Worcester’s next president, effective Jan. 1, the financial institution announced on Tuesday.
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Bartholomew & Co. opens Framingham office

Financial planning company Bartholomew & Company, which maintains offices in Worcester, Chatham and Bedford, is opening an office in Framingham, the company announced on Tuesday.

Fidelity Bank dedicates $45K to EforAll partnership

Fidelity Bank of Leominster will dedicate $45,000 over three years to the Massachusetts nonprofit Entrepreneurship for All, known as EforAll, which launched a Worcester branch on Oct. 1, the bank announced on Friday.
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