Commerce Bank

Many banks that do business in Central Massachusetts are jostling and hustling to underwrite new commercial loans,...

Continuing its efforts to retain young professionals and help launch new businesses, the Worcester Regional Chamber of Commerce has launched a new initiative aimed at helping college graduates who want to be entrepreneurs jump-start their ideas and stay in Central Massachusetts.

Massachusetts small business owners received 2,397 loans worth more than $595 million from the U.S. Small Business Administration in fiscal year 2014, which ended September 30.

A new program will provide a year of free space in Worcester to entrepreneurial college graduates seeking to open their own businesses in the city.

Commerce Bank announced Monday that it's offering additional home mortgage products to new and existing customers.

This year, the Worcester Business Journal marks its 25th anniversary. In each print edition, we will highlight...

Commerce Bank said it and Habitat for Humanity—MetroWest/Greater Worcester have been awarded a $50,000 grant by the Federal Home Loan Bank of Boston that will help fund the rehabilitation of a single-family home in Auburn.

Defense lawyers and activists welcome a foreclosure-avoidance program as a way to keep Worcester's cash-strapped residents in their homes, while bankers and their trade association see it as an ineffective burden draining them of time and money.

When it comes to bank consolidation, Central Massachusetts has always bucked the trend. Twenty years ago, 37 of the nation's largest banks had morphed into just four institutions by 2010, according to the Federal Reserve. Meanwhile, Central Massachusetts was home to 39 banks, according to the Federal Deposit Insurance Corp. (FDIC) Nearly two decades later, it's still home to 27.

Duddie earns power and influence the old-fashioned way: He buys it.David Massad Jr. has come a long...