Banking & Finance

Hometown Financial Group, the Easthampton-based mutual multibank holding company of bankHometown in Oxford, has hired Reed Whitman as its new executive vice president, chief financial officer.

The parent companies of Worcester-based Cornerstone Bank and Holyoke-based PeoplesBank have officially completed their merger announced in June, forming a $6-billion entity. 

ConnectM Technology Solutions has acquired MHz Invensys, a wireless communication product developer out of India.

“Each of these investments underscores the power of collaboration and the arts in shaping a vibrant and inclusive community,” Pete Dunn, president & CEO of Greater Worcester Community Foundation, said.

MutualOne Bank has named its first senior vice president, chief information officer, promoting C-suite employee Daniel Serafin to the Framingham-based bank’s inaugural role.

Dismayed by the looming closure of a state-run pediatric rehab hospital in Canton, more than 14,300 people have signed a petition calling on state officials to scrap their plan, and a powerful union is asking members to put pressure on Gov. Maura Healey to halt health care budget cuts.

Healey, in her annual budget bill filed last week, proposed removing candy's exemption from the sales tax in Massachusetts.

Rockland Trust has opened its first branch in Marlborough, marking the bank’s 13th Central Massachusetts branch location. 

The feature identifies the region’s leaders who most valuably wield their power to have an outsized influence on the economy and community.

Professionals at ERA Key Realty Services, the Worcester Community Action Council, and Open Sky Community Services are making career moves.