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Banking & Finance

Avidia Bank fully completes transition to public company, begins trading on NYSE

Shares began trading at an initial price of $10, climbing to around $14.30 as of late Monday morning.

Healey introduces $400M initiative to support state research, jobs

Gov. Maura Healey wants to infuse the state's research and jobs sector with hundreds of millions of dollars as Massachusetts grapples with a tight fiscal climate and federal fluctuations in research and education support.

After record-breaking number of applications, Health Foundation grants $1M to 10 nonprofits

Ten Worcester County nonprofits have received nearly $1 million in combined funding for their sustainable approaches to addressing community health concerns. 

bankHometown consolidating Webster branches

The country has lost about 1,646 bank branches every year since 2018, according to credit-building platform Self Financial.
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Cornerstone Bank to merge with Athol Savings, names new president

The merger is expected to close in the first quarter with Athol Savings operating as a division of Cornerstone Bank.

The Rose Room closes Providence location, eyes Webster expansion

The Rose Room closed its location at 460 Wickenden St. in Providence on Friday after opening the shop in March 2024.

Movers & Shakers for July 28, 2025

Professionals at companies including MutualOne Bank, UniBank, and North Central Massachusetts Chamber of Commerce are being promoted.

🔒Dr. Michael Collins is leaving an historic legacy at UMass Chan. His successor will face a new world of challenges.

UMass and healthcare leaders emphasize UMass Chan’s future success depends on its next chancellor’s ability to cultivate talent, face federal challenges head-on, invest in primary care, and commit to diversity, equity, and inclusion.
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Planned Parenthoods in Worcester, Marlborough get state money amid Trump defunding efforts

The Planned Parenthood League of Massachusetts has received $2 million in funding through the state’s fiscal 2026 budget to support residents’ access to sexual and reproductive health care throughout the state.

UMass Memorial Health system promotes interim leader to president of two hospitals

Dr. Charles Cavagnaro has dropped his interim tag and assumed his presidential roles at two UMass Memorial Health hospitals. 
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