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Banking & Finance

WBDC provides small business loans to biopharma, real estate, and horse companies

The Worcester Business Development Corp., a nonprofit working to support small business owners, has granted U.S. Small Business Administration 504 loans to three companies looking to expand throughout the Northeast.  

Insulet to expand with 110 new jobs in Mass., as Watertown life sciences firm looks to add 20

Two Central Massachusetts life sciences companies are expanding their presence in the state, committing to a total of 130 new jobs as part of a state tax incentive program designed to bolster the life sciences industry.

Savers Bank names first chief operating officer in four years

Savers Bank has promoted employee Keri Gonzalez to executive vice president, chief operating officer of the Southbridge-based financial institution.

🔒Ageless ambition: Why retirees are re-entering the workforce

Retirement is the well-deserved break all employees strive for at the end of a hard-worked career. While that respite sounds great in concept, the reality is retirees nationwide are reversing their decision and re-entering the workforce.
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Savers Bank appoints new CFO

Savers Bank has named Gregory Vilardo as the Southbridge-based financial institution’s new vice president and chief financial officer.

🔒Q&A: Brothers bring flavor to Central Mass.

Tom and Nick Bedrosian always knew they wanted to go into business together. Growing up, the brothers did not know what their business would look like, but after creating an all-purpose seasoning in their family kitchen, an idea for a spice company was born.

Movers & Shakers for Oct. 14, 2024

Employees at Vision Advertising, Rockland Trust, and the Worcester Art Museum are makeup upward moves in their careers.

🔒Demystifying finances: As financial illiteracy becomes a growing concern, Central Mass. institutions are helping people understand how money can work for them

Banking and finance leaders at Central Massachusetts institutions see education as a key way to help combat financial illiteracy.
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🔒Falling rates: The Fed’s cut to interest rates will boost the Central Mass. economy, yet the impact may not be immediate

The most straightforward analysis of the rate reduction is it’s good news for people and businesses who are either looking to borrow or who are already paying down debt.

🔒A new outlook: MetroWest chamber’s new CEO leans into community engagement and growth as he begins his tenure

Shah plans on leveraging his experience in public education and nonprofit work to promote education among business owners.
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