Banking & Finance

Tina Sbrega, the president and CEO of GFA Federal Credit Union, has been inducted into the Cooperative Credit Union Association after more than a decade leading the Gardner institution.

Rollstone Bank & Trust of Fitchburg reported $769.9 million in assets for its fiscal year ending June 30, a 12.1% increase from the previous year, according to a press release Wednesday detailing the bank’s annual meeting.

Marlborough's Boston Scientific reported a slight $48-million quarterly loss on Wednesday, continuing a year of financial pain for the medical device company.

UniBank, based in Whitinsville, has named Nobo Sircar, a former executive vice president and chief financial officer of Bank of New Hampshire, as the institution's new CFO, the company announced on Wednesday.

The Greater Worcester Community Foundation appointed four new members to its board of directors and corporators at its annual meeting this fall.

Former WBJ Editorial Intern Devina Bhalla and News Editor Grant Welker discuss Bhalla's two-month deep-dive into slavery's history and legacy into the Central Massachusetts economy in this episode of the WBJ Podcast.

The coronavirus pandemic has been not only a health challenge to hospitals in Central Massachusetts and beyond, but also a financial one. Fortunately for the larger Central Massachusetts hospitals, they came into 2020 with healthy financials.

Central One Federal Credit Union in Shrewsbury has named Joseph Rollo as its new chief financial officer, the financial institution announced on Thursday.

Leominster Credit Union said Wednesday its president and CEO will retire at the end of November and be replaced by its chief operating officer, its first female to hold the top position.

The coronavirus pandemic and the economic pain it is causing has brought a flood of new deposits to banks in Central Massachusetts and nationally.