Middlesex Savings Bank

Professionals at companies including MutualOne Bank, UniBank, and North Central Massachusetts Chamber of Commerce are being promoted.

Middlesex Savings Charitable Foundation, the charity arm of Natick-based Middlesex Savings Bank, marked its 25th anniversary by awarding $5,000 grants to 50 nonprofits.

The Power 100 edition is an annual report on how power is shared and expended in Central Massachusetts each year, as told through the 100 people who are most effectively wielding their influence, with a special focus on those creating change and bringing new ideas to the forefront.

In Central Massachusetts, the confidence banking executives have in the brick-and-mortar model is unwavering.

In 2024, the United States celebrated the 50th anniversary of a woman’s ability to obtain a bank account without her father’s or husband’s co-signature.

For Central Massachusetts banks, rising interest rates are a lot of change to deal with.

Michael McAuliffe, who has led Middlesex Savings Bank as CEO, president, and chairman, will retire from the bank at the end of April 2024 and be replaced by new President Dana Neshe.

Small business owners can grow and manage their companies successfully within the area’s economic landscape if they lean into the established support networks, have a keen understanding of finances, and know their strengths and weaknesses, particularly within the market and knowing when they should seek help from outsourced providers and new employees.

A recession coinciding with the start of the coronavirus pandemic last spring sent the American economy into its largest contraction in modern history. Now bankers are wondering, will pent-up demand lead to explosive economic growth? Or are people saving more than ever out of worry or survival? 

Middlesex Savings Bank of Natick plans to open a new branch in Westborough in January after securing a location along Route 30.