Banking & Finance

A Ware-based financial institution will have its first woman president in the 174-year history of the business, as Mary McGovern has been named the next president of Country Bank. 

The Healey administration wants to tap new revenue sources and keep spending growth somewhat constrained in a $58.15 billion state budget that officials pitched as putting Massachusetts on a "glide path" toward potentially better financial conditions further down the road.

Applications for the first grants from a new fund meant to support cannabis entrepreneurs in communities disproportionately harmed by the War on Drugs are due next month, with $2.3 million available to help qualified business licensees with urgent financial needs.

The Health Foundation of Central Massachusetts awarded four grants totaling $1 million to area nonprofits in order to improve child mental health, access for children to affordable health care, food delivery for people in need, and child care businesses.

The funding jolt from subsidies and the Low-Income Housing Tax Credit program, which saw a $20 million increase in the tax package Gov. Maura Healey signed in October, will benefit more than 1,900 housing units.

Central Massachusetts professionals are getting hired and promoted at companies like Mechanics Hall, Mirick O'Connell, MutualOne Bank, and Bowditch & Dewey.

The most significant burden on the single-family market, not just in Central Massachusetts but around the country, is interest rates.

In a post-COVID world, the demand for these services is higher than ever, yet animal nonprofits are reporting financial crises as flattening donations are failing to cover expenses.

Katallage Wellness Center, a new holistic health business in Shirley, has received $50,000 in loan financing from...

After months of discussions, UMass Memorial Health in Worcester and Milford Regional Medical Center have signed a definitive agreement for corporate affiliation, allowing the struggling MetroWest hospital to receive support from Central Massachusetts’ largest healthcare system.