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Banking & Finance

Lending Cap Constrains Credit Unions

For a small group of credit unions across the U.S. — including a handful in Central Massachusetts — a limit on commercial will constrain some of their asset growth for the foreseeable future.

Central Mass. Banks Learn Value Of Social Media

Citing compliance and regulation concerns, banks have traditionally been slow to adapt to social media as the rest of the world has forged ahead with Facebooking, Tweeting and more.

State Seeks Tighter Foreclosure Rules

The state's banking division is pushing regulations that would prohibit lenders from foreclosing on properties if modifying mortgage terms would prove to be less expensive.

The Growth Keeps Coming For Westborough’s Virtusa

Westborough-based IT consulting, technology and outsourcing provider Virtusa Corp. is having its strongest fiscal year since it...
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Ex-Flagship CEO To Head St. Mary’s

St. Mary's Credit Union of Marlborough has appointed James “Jim” C. Garvey, a former executive with Worcester-based Flagship Bank and Trust, as its new president and CEO, the credit union announced Tuesday.

Leominster Credit Union CEO Resigns

Paul D. Gilbody, the president and CEO of Leominster Credit Union, has resigned less than six months after taking the job, the credit union announced.

Fast-Growing Maynard Firm Nets $3.5M In Series A Round

Maynard-based Kitsy Lane, an online social commerce platform that helps users launch their own jewelry and accessories businesses online, said it has raised $3.5 million in Series A funding led by Data Point Capital.

Venture Funds Help Central Mass. Tech Manufacturers Grow

Scroll down a list of venture capital deals with technology companies and it becomes evident that in...
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CMC Consulting Buys Investment Bank

CMC Consulting Group, an international health care strategy and M&A advisory firm with operations in Framingham, said it has acquired Boston-based investment bank Johnston Blakely & Co.

Gardner Credit Union Completes N.H. Bank Buy

GFA Federal Credit Union's acquisition of a New Hampshire bank will be completed Friday, nearly 10 months after the Gardner institution announced it would buy the bank for about $6.4 million in cash.
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