Webster Five Cents Savings Bank

Webster Five Cents Savings Bank has asked for the state's approval to move its downtown Worcester branch around the corner from Commercial Street to the former Mechanics Bank tower on Front Street, the bank announced Monday.

Virtually all banks with more than $4 billion in assets depend on income from selling stock to fuel their growth. Middlesex Savings Bank is the exception.

Citing slow growth and the limitations of not having drive-up capabilities, Webster Five Cents Savings Bank said it will close its Grafton Street location in Worcester.

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.

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.

Worcester-based law firm Bowditch & Dewey hired registered patent attorneys KATHRYN V. CHELINI and KRISTA K. STONE,...

Reliant Medical Group awarded eight Worcester nonprofits nearly $40,000 in grants, including Dismas House of Massachusetts Inc.,...

In a climate in which high fees can make it hard for some low- and moderate-income customers...