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Banking & Finance

Income Edges Higher

Personal income nudged up a slight 0.5 percent in April, according to a report from the U.S....

CNB To Discuss Merger With United, Third Suitor

CNB Financial Corp., the parent of Worcester's Commonwealth National Bank, says a third bank has entered the...

Franklin Co. Licenses Key Product To Brit Firm

Franklin-based medical device maker Echo Therapeutics Inc. has signed a multi-million dollar license agreement with an English...

SiCortex Closes Doors, Seeks Buyer

Maynard-based computer firm SiCortex has gone out of business and is seeking bidders to purchase the company.Mass...
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FDIC: Bank Profits Down 61% In Q1

Troubled by bad loans, banks insured by the Federal Deposit Insurance Corp. reported first quarter net income...

United National Makes 2nd Offer For Worcester’s CNB

Just when it looked like Commonwealth National Bank of Worcester had finalized its deal to be acquired...

Hjerpe To Move On After Strata Merger

Edward A. Hjerpe III, interim president and CEO of Medway-based Strata Bank, has been named as the...

New Central Mass. Leader For BOA

Bank of America has promoted Tom McGregor to senior client manager in its Worcester offices, making him...
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New Facilities Manager At St. Mary’s

St. Mary's Credit Union of Marlborough has hired David W. Boyden as facilities manager.In his new position,...

Home Sales Hit Lowest Point In Nearly 20 Years

Despite low mortgage rates, more affordable prices and federal tax credits for first-time buyers, single family home...
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