Banking & Finance

Check out which Central Mass. professionals have landed new positions recently.

Millbury Savings Bank and Oxford-based bankHometown are planning to merge and create a financial institution with $1 billion in assets and 15 branch locations in Central Massachusetts and Connecticut.

A senior policy advisor at the Federal Reserve Bank of Boston said Thursday economic risks sit on the horizon.

The parent company of Oxford-based bankHometown has merged a subsidiary with Abington Bank.

The Worcester area's economy grew 3.2 percent last year, its highest annual rate since the 1990s on the strength of a low unemployment rate.

You have just learned that your counterparty has filed for bankruptcy. Be aware that deadlines in bankruptcy move quickly, and creditors who sit on their rights may lose them.

When international healthcare company Optum bought Reliant Medical Group for $28 million on March 31, the Worcester physician group's foundation was spun out as an independent entity.

GFA is the first to serve the state's recreational marijuana industry, putting the institution at the forefront of a market with tens of millions in sales.

Confidence levels among Massachusetts employers hit a two-year low in December.

Last year, Country Bank CEO Paul Scully moved out of his Sturbridge home for the new 145 Front St. apartments in Worcester, where his bank has 30 percent of its commerical loan portfolio.