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Banking & Finance

Bay State Bank to work with state treasurer’s office to launch small business workshops

Worcester-based Bay State Bank has partnered with State Treasurer Deborah Goldberg to hold two virtual workshops seeking to help the state’s entrepreneurs.

UMass Chan lays off and furloughs 200 employees

The layoffs and furloughs represent about 3% of UMass Chan’s entire workforce, which includes more than 6,500 employees total and more than 4,000 in Central Massachusetts.

Worcester State receives $1.24M from former Becker College

Worcester State University will establish two nursing endowment funds and a study abroad program following a $1.24-million gift from assets of the city’s former Becker College.

Healey: NIH cuts will have irretrievable effects as UMass Chan stands to lose $80M

Massachusetts Gov. Maura Healey is warning the effects of these cuts will be irretrievable, impacting residents, employees, and companies through all industry sectors.
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Clinton Savings Bank’s first woman CEO officially takes over

Mary Dean has begun her roles as president and CEO of Clinton Savings Bank following the March retirement of the bank’s long-time leader Robert Paulhus.

Movers & Shakers for April 7, 2025

Employees at ERA Key Realty Services, Fidelity Bank, and Old Sturbridge Village are taking steps forward in their careers.

🔒Q&A: Happy lawyers, happy clients

As the firm’s new leader, Brodeur aims to cultivate a thriving workplace culture, hire and retain top talent, and strategically navigate evolving technologies to remain ahead in an increasingly dynamic legal landscape.

Becker College makes largest-ever donation to GWCF

Greater Worcester Community Foundation has received the largest donation in its 50-year history as the shuttered Becker College has pledged $13 million to the foundation.
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Report: Mass. incubators create thousands of jobs yet still face funding challenges

The Massachusetts Competitive Partnership surveyed 25 incubators and accelerators across the state about the role played by so-called entrepreneurial support organizations, or ESOs, calling them "a cornerstone of the Commonwealth's innovation economy."

Study: Community college educator pay falls behind cost of living

Massachusetts public higher education leaders are painting a grim picture of the ability of their institutions and campuses to hire and retain faculty and staff, asking how the so-called "education state" can provide quality, affordable education to students under unsupportive educator conditions. 
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