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Banking & Finance

House adds capital gains and business tax cuts to relief plan

House Democrats have come around on the idea of slashing the state's short-term capital gains tax rate, weaving the proposal and another surprise business-friendly measure into a revived tax relief package that's anchored by a new tax credit for parents and caregivers.

Country Bank names former FinPro COO to board of directors

Country Bank named 30-year banking veteran Steven Musso to its board of directors.

Downtown Worcester BID names two business leaders to board

The Downtown Worcester Business Improvement District named Kate McEvoy and Joffrey Smith as new members of the organization’s board of directors.

Workers Credit Union promotes Army veteran to chief lending officer

Littleton-based Workers Credit Union promoted Robert DaSilva to the newly created position of senior vice president, chief lending officer.
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Movers & Shakers for April 3, 2023

Employees are on the move at Akoya Biosciences, Milford Regional Medical Center, and MutualOne Bank, with new hires joining operations and promotions happening within organizations.

Exchange Authority names tax law expert as new president & CEO

Exchange Authority, Worcester-based subsidiary of Fidelity Bank of Leominster announced Albino Caporale would be the company’s new president & CEO.

Clinton Savings Bank opens Shrewsbury branch at Market Basket plaza

Clinton Savings Bank opened a new branch at Edgemere Crossing in Shrewsbury on March 20, joining supermarket Market Basket, which opened its new store at the plaza in January.

Framingham Housing Authority receives $22M for renovations to 68-unit complex

MassDevelopment issued a $22-million tax-exempt bond to help the Framingham Housing Authority to renovate Carlson Crossing West, a 68-unit affordable housing complex.
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MWCC launches banking certificate program to address need for workers

Mount Wachusett Community College in Gardner has collaborated with local banks and credit unions to launch a new banking certificate program.

GWCF selects 19 artists for Business of Art cohort

The Greater Worcester Community Foundation has selected 19 artists for its second Business of Art cohort, which is funded by GWCF’s Creative Worcester Initiative in partnership with the Boston-based Barr Foundation and the Massachusetts Museum of Contemporary Art's Assets for Artists program. 
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