Bay State Savings Bank

Five years after the 2007 financial crisis and ensuing recession, banks and credit unions in Central Massachusetts are operating in a low-interest environment that forces them to turn increasingly to other revenue sources to stay healthy.

BANK HELPS OUT
Bay State Savings Bank donated $2,500 to The American Red Cross of Central Massachusetts. Pictured,...

Twenty-three Central Massachusetts companies are among those benefiting from $6.8 million in workforce training fund grants awarded by the Patrick administration.

CASH COLLABORATION
Southbridge-based Savers Bank donated $1,000 to the Tri-Community YMCA in Southbridge, which will be doubled with...

MAKING A HOUSE A HOME 
The Jeff Parker Charitable Fund donated $5,000, two flat-screen television sets and...

Paul D. Gilbody, a 25-year banking industry veteran, has been named president and CEO of Leominster Credit...

EcoTarium of Worcester has hired Joseph P. Cox as its new president. He replaces Stephen M. Pitcher,...

A BONDING MOMENTWorcester-based Bay State Savings Bank presented Auburn High School seniors with savings bonds upon graduation...

COLLEGE CASHWorcester-based Bay State Savings Bank awarded nine $500 scholarships and one four-year, $4,000 scholarship to 10...