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Banking & Finance

Bay State Savings Bank elects funeral home VP as board chair

Fay Brothers Inc. Vice President William Fay II has been elected Chairman of Worcester’s Bay State Savings Bank’s board of directors.

Nichols hires third Bryant University official for top executive role

Nichols College in Dudley named Peter Tympanick as the school’s new vice president for business and finance and its chief financial officer, effective March 1, becoming the third Bryant University official to join Nichols since 2021.

Worcester County single-family home sales drop 30% in January year-over-year

While single-family home prices in Worcester County remained relatively steady in January, the number of home sales dropped significantly.

Movers & Shakers for Feb. 20, 2023

People are on the moved at Fidelity Bank, GFA Federal Credit Union, and Waters Corp.
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🔒Worcester nonprofit Edward Street pushing for structural change to child care funding

When Worcester child care advocacy nonprofit Edward Street received a $75,000 grant, it was an example of essential funding for early childhood organizations, which rely on foundational funding in the absence of adequate federal funding.

🔒Even as VC funding abounds in Mass., local entrepreneurs must rely on their own money and time to grow startups

To move on from the garage to the real world isn’t as easy as “I have an idea!” In the world, we cherish ideas and people who bring them to life, but what is often lost is to make something, to start a company, to build something new, money is required.

Former VP at Commerce Bank promoted to Berkshire Bank EVP

Berkshire Hills Bancorp, Inc., the Boston parent of Pittsfield’s Berkshire Bank, promoted Sumant Pustake from senior vice president to executive vice president, chief transformation and strategy officer.

Hopkinton apartment complex sold for $82.5M

A Hopkinton apartment complex sold on Monday for $82.5 million to a Boston investment firm.
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Marlborough site sold for $10M to help finance residential development

A development site at 3000 Green District Blvd. in Marlborough, was sold for $10 million as part of a construction financing plan for the 242-unit second phase of the Green District development from Connecticut-based developer Post Road Residential.

Natick-based weight loss tech company to go public

Allurion Technologies, Inc., the Natick-based creator of the Allurion gastric balloon, will become a publicly traded company, through a deal with Compute Health Acquisition Corp. of Delaware.
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Career Opportunities

Communications & Events Coordinator

Girls Inc. of Worcester
,
Worcester, MA
Hourly Rate: $24–$27.88/hr (based on experience)

Production Manager – Columbia Tech

Columbia Tech
,
Westborough, MA

Chief Financial Officer

The Girl Scouts of Central and Western Massachusetts
,
Worcester, MA
$125,000 - $135,000
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