Banking & Finance

Central One Federal Credit Union has promoted Kerry Crutchley to the newly created position of chief people and culture officer.

People are on the move at New England Botanic Garden at Tower Hill, Cornerstone Bank, and Thrive Support & Advocacy.

The first half of 2023 was a difficult one for home buyers and for real estate agents as single-family home sales cratered and home prices plateaued high above pre-COVID levels.

After the first half of 2023 rocked the banking world and as uncertainty clouds the economic future, Central Mass. bankers are staying the course.

At the end of 2022, WBJ readers were more pessimistic about the future of the Central Massachusetts economy than they had been at any point in the previous 10 years. The first five months of this year only made them more pessimistic.

People are on the move at UMass Memorial Medical Group, Fidelity Bank, and Clark University.

When the first recreational cannabis dispensaries in Massachusetts opened in November 2018, their parking lots assumed a festive air as people lined up, sometimes for hours, to get the newly legal product. Nearly five years later, legal cannabis has become an unremarkable part of the state economy.

As was the case for the first two years of debt payments, the saving grace for the current fiscal year 2023 and the next fiscal year 2024 is a $3-million property sale from 2021.

Saint John’s High School trustee and alumnus Dennis Crowley has committed $1 million to support the school’s Curriculum of Care in Support of Community Wellness priority of the private Shrewsbury boys-only high school’s strategic plan.

The Clinton Area Chamber of Commerce, an affiliate of the Worcester Regional Chamber of Commerce, named 12 local business leaders to its first board of directors.