Unibank for Savings

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.

Many of the region's locally operated banks have been growing and thriving over the past few years....

The acquisition of Bellingham-based Torwel Industries, a maker of road sanders, salters and snowplows, is expected to created new jobs at the plant and improve distribution to customers in the Midwest and Canada, according to the firm that brokered the acquisition.

Citing compliance and regulation concerns, banks have traditionally been slow to adapt to social media as the rest of the world has forged ahead with Facebooking, Tweeting and more.

As our Sept. 17 edition pointed out, some smaller banks in Central Massachusetts have been growing and...

Data from the Federal Deposit Insurance Corp. (FDIC) shows that, as a whole, community banks in the...

UniBank this week will mark the opening of its first full-service Worcester branch with a ribbon-cutting ceremony...