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Avidia Bank

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.

Avidia Bank completes $192M offering in effort to go public on New York Stock Exchange

The offering came as part of Avidia Bank’s efforts to go public, which it began in March with a filing to the U.S. Securities and Exchange Commission.

🔒1989-2024: A timeline of the top Central Mass. business stories for the last 35 years

How do you whittle 35 years of headlining business news down to a couple thousand words and a few pages? You don't. But here, we take our best shot to highlight the companies, individuals, and moments that left a lasting impression.

On first anniversary, Clinton Area Chamber names first board of directors

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.
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Avidia Bank names Rockland executive as new CEO

Eight months after Mark O’Connell announced he would retire as CEO of Avidia Bank in May, the Hudson-based institution has named Robert Cozzone of Rockland Trust as president and CEO.

🔒The nation’s largest bank is opening its first branch in Worcester, as local banks adjust to a changing market

Will a big bank like Chase put Central Massachusetts-headquartered banks at a disadvantage? Industry leaders here don’t think so.

Community Leadership Institute graduates 17 following creation of foundation

The North Central Massachusetts Chamber of Commerce graduated 17 local professionals as part of the Class of 2022 from its Community Leadership Institute, during which they established a foundation and supported community needs.

Avidia Bank CEO to retire after 35 years

The Avidia Bank board of directors announced Tuesday that Mark O’Connell, the CEO of the bank, will retire in May of next year. The search for his replacement has begun.
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🔒Banking industry relieved the federal government scrapped an effort to monitor more financial transactions

When President Joe Biden’s administration dropped a planned $600 reporting requirement on bank account transactions, financial institutions across Central Massachusetts and the nation breathed a collective sigh of relief.

Movers & Shakers for May 24, 2021

Central Massachusetts professionals are taking new jobs and getting promoted at companies like Estate Preservation Law Offices, Avidia Bank, AdCare Hospital and Banjo Health.
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