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Banking & Finance

🔒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.

🔒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.

Health Policy Commission: Mass. healthcare spending rises 5.8%, outpacing household income growth

Health care spending in Massachusetts continued to grow faster than household incomes, according to new research, fueling concerns about access to care even before accounting for more recent upheaval inflicted by Steward Health Care's bankruptcy.
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Fastest-growing firm in Central Mass. acquires Mass Save company in Danvers

Marlborough-based green energy technology firm ConnectM Technology Solutions has acquired Danvers-based Green Energy Gains.

Holy Cross expands full-tuition grants to students whose families earn $100K or less

Attending college has become more accessible for students of the College of the Holy Cross as the Worcester institution has announced those whose families earn $100,000 a year or fewer with reasonable assets will receive full-tuition grants. 

Having raised $7M in its capital campaign, EcoTarium to start construction on 8.3K-sq.-ft. expansion

Worcester science and nature nonprofit museum EcoTarium will break ground on its first expansion project since 2000, as the museum plans to construct a 8,300-square-foot traveling exhibit gallery. 

Bay State Savings Bank names new chief commercial banking officer

Bay State Savings Bank has appointed Anthony Pasquale to chief commercial banking officer, a newly created position for the Worcester-based bank.
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Worcester midwifery center splits $1M in state funding

Two future birth centers in Worcester and Boston have secured state funding to help cover the costs...

Voting open for WBJ’s Best of Business awards

Voting is now open for WBJ’s 11th annual Best of Business Awards.
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