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Banking & Finance

🔒Students seeking out alternatives to the college investment, leaving institutions in financial precarity

Two years of pandemic-related enrollment declines are sure to have considerable impacts on colleges, but educators say the problem could be more long-term.

Fitchburg bike shop, Hubbardston dog services secure $35K loans

The North Central Massachusetts Development Corp., the economic development arm of the North Central Massachusetts Chamber of Commerce, has approved $35,000 in financing for two small businesses in its region.

Former Worcester temp agency manager will pay $3.5M, report to prison

A former Worcester temp agency manager will report to federal prison at the end of February and pay $3.48 million in restitution to the U.S. Internal Revenue Service and Travelers Insurance.

Hopkinton financial equipment provider boosts cybersecurity

New England Money Handling Systems, an automated equipment provider for the financial sector based in Hopkinton, entered into an agreement for cybersecurity services with Raytheon Intelligence & Space, a business unit of the Waltham-based Raytheon conglomerate. Raytheon Intelligence & Space, based in Arlington, Virginia, has a plant in Marlborough.
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🔒The nuances of leadership: Peacock rises to be FLEXcon’s first female president

Starting her career in the world of financial services, Aimee Peacock always knew she wanted to lead people but was not sure when that opportunity would present itself.

Main Street Bank starts new video service

Main Street Bank in Marlborough has launched its new video banking service, Main Street Video Connect.

$5B merger between Shrewsbury manufacturer and Finnish supplier postponed

An ongoing merger between Shrewsbury-based valve manufacturer Neles Corporation and Valmet Oyj, a technology developer in Finland, which was expected to be completed in January has now been postponed to April due to lengthy regulatory review processes.

Workers Credit Union to open hologram-and-robot branch in Shrewsbury

Workers Credit Union, headquartered in Littleton, announced a new, 2,875-square-foot PlanIt location in Shrewsbury as part of its ongoing Workers Way financial wellness program.
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Wall Street lauds City of Worcester’s financial stability

The City of Worcester has been assigned a ‘AA’ rating for its $208 million general obligation municipal purpose loan of 2022 bonds, which were scheduled to sell competitively on Jan. 24.

Madison Properties receives $57M for residential development near Polar Park

Madison Properties has received $57 million in financing for its 228-unit residential building from Rockland Trust Company.
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Career Opportunities

Chief Financial Officer

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

Retail and Customer Service Specialist

Girl Scouts of Central and Western Massachusetts
,
Worcester, MA
$20/hour

Quality Engineer II – Columbia Tech

Columbia Tech
,
Westborough, MA
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