Fidelity Co-operative Bank

Fontaine Bros. Inc., a construction and contracting firm based in Springfield and Worcester, has appointed Sherri Pitcher as senior director of marketing and business development.

Exchange Authority, a company specializing in Section 1031 real estate exchanges and a wholly owned subsidiary of Fidelity Bank is relocating from Leominster into Worcester.

Sometimes banks opt to consolidate in order to offer their clients access to bigger loans and better resources, while other times they unite as a competitive strategy against banks with more assets.

Developers of a former mill in Holden received a $6.1-million loan from MassDevelopment and Fidelity Bank of Leominster to redevelop the vacant building into a 28-unit residential complex.

People are on the move at Fidelity Bank, St. Mary's Credit Union, bankHometown and more.

Fidelity Bank of Leominster will dedicate $45,000 over three years to the Massachusetts nonprofit Entrepreneurship for All, known as EforAll, which launched a Worcester branch on Oct. 1, the bank announced on Friday.

The coronavirus pandemic and the economic pain it is causing has brought a flood of new deposits to banks in Central Massachusetts and nationally. But banks are also putting aside far more money for potential loan losses.

This year’s 40 Under Forty class is certainly like no other. Although full of the archetypal up-and-coming leaders of Central Massachusetts business organizations, each member of the Class of 2020 has found a way to thrive in the midst of an international crisis.

It has not been a normal month for Fidelity Bank. Like practically every bank anywhere, the Leominster bank has rushed to help small businesses apply for federal pandemic aid, while also working with homeowners looking to refinance with incredibly low interest rates.

Dr. Eric Dickson, CEO and president of UMass Memorial Health Care in Worcester, joins the podcast to talk about all the efforts the hospital system is making to deal with the anticipated spike in coronavirus cases in the coming weeks.