E-Newsletter
An Electronic Publication of the North Central Massachusetts Chamber of Commerce
Inside this edition, you’ll discover the latest Chamber initiatives and success stories from across our region. From economic development projects and upcoming networking events to policy updates and workforce training opportunities, we’re keeping you connected to what matters most for your business and North Central Massachusetts.
The North Central Massachusetts Chamber of Commerce is here to help – with trusted resources, a strong business network, and a support system to keep your business and the region moving forward
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North Middlesex Savings Bank and Marlborough Savings Bank today announced plans to merge and create a new, larger mutual savings bank to provide even greater service and convenience to customers. Centered on an unwavering commitment to hometown banking — this mutually beneficial partnership will combine two organizations with very similar cultures and core values. The merger will also allow the combined bank to offer enhanced benefits such as increased lending capacity, a larger network of branches and ATMs, and continue its legacy of being a responsible neighbor while delivering easy, hassle-free banking.
A name for the bank will be announced during the fourth quarter of 2016. The combined bank will have assets of close to $1 billion and $95 million in equity and operate a network of 14 branches staffed by the same employees customers have banked with for years as no staff reductions will occur as a result of the merger. Customers will continue to benefit from fully insured deposits through the Federal Deposit Insurance Corporation and the Deposit Insurance Fund. In addition, the integration enables greater investment in innovative banking products and new technology for anytime/anywhere banking.
“The two banks are vibrant and strong, but we will be stronger together. This new venture will let us provide customers with the best products, convenience and exceptional service from people they know and trust. We are deeply committed to the principles of mutual savings banks, which are accountable to their customers and by joining forces, we are ensuring the longevity of hometown banks who are deeply rooted in their communities,” said Walter J. Dwyer, IV, President and CEO of North Middlesex Savings Bank.
“Banking is a people business. Our steadfast commitment to exceptional customer service is built by our teams of dedicated employees. This merger will provide them additional opportunities and teammates to better serve our customers and continue our joint tradition of easy access to decision makers,” said Richard K. Bennett, President and CEO of Marlborough Savings Bank.
Mount Wachusett Community College is one of 67 colleges and universities selected by the U.S. Department of Education to participate in the Second Chance Pell pilot program, which is part of a national effort aimed at reducing recidivism and strengthening communities by providing education and job training to eligible inmates.
The pilot program will allow 12,000 eligible incarcerated Americans at more than 100 correctional institutions in 27 states to receive Pell grants to pursue their education with the goal of helping them get jobs and support.
MWCC is partnering with the Massachusetts Department of Corrections to provide academic programs to approximately 72 inmates at the North Central Correctional Institute in Gardner, the Massachusetts Correctional Institute in Shirley, and the Federal Medical Center in Devens.
“The power of education to transform lives cannot be underestimated,” said MWCC President Daniel M. Asquino. “In Massachusetts and across the country, more money is spent on incarcerating prisoners than is spent on public education. In the long run, society and taxpayers are better served by investing in programs that help people become contributing members of their communities.”
The Second Chance Pell pilot program is one of a series of federal education and jobs programs designed to prepare people who are returning from prison to the community with skills and resources necessary to obtain employment, support their families and contribute to society. It is geared toward prisoners who are likely to be released within the next five years.
“People who make mistakes and pay the price should have the opportunity to get back on their feet and contribute to their community,” Congressman Jim McGovern said. “Increasing access to education is one of the smartest things we can do to help these Americans get back on the right path. Education has the power to change lives and this program will help to build strong communities and give a second chance to all those who have earned it,” he said.
“I congratulate Mount Wachusett Community College for being selected by the U.S. Department of Education to participate in the Second Chance Pell pilot program, a distinction that reflects Mount Wachusett’s commitment to empowering students from all backgrounds to pursue higher education and have access to greater opportunity,” said Congresswoman Niki Tsongas. “This initiative represents an important investment in expanded pathways to higher education and has the potential to make our communities safer, save taxpayers money, and transform lives.”
The U.S. currently has the highest incarceration rate in the world with approximately 2.2 million people in American prisons and jails. A 2013 study from the RAND Corporation, funded by the Department of Justice, found that incarcerated individuals who participated in correctional education were 43 percent less likely to return to prison within three years than prisoners who did not participate in any correctional education programs. RAND also estimated that for every dollar invested in correctional education programs, four to five dollars are saved on three-year re-incarceration costs.
“The evidence is clear. Promoting the education and job training for incarcerated individuals makes communities safer by reducing recidivism and saves taxpayer dollars by lowering the direct and collateral costs of incarceration,” U.S. Secretary of Education John B. King Jr. said in a statement announcing the pilot program. More than 200 colleges and universities had expressed interest in the program.
“I applaud the institutions that have partnered to develop high-quality programs that will equip these students with invaluable learning. The knowledge and skills they acquire will promote successful reintegration and enable them to become active and engaged citizens.”
Mount Wachusett Community College has been recognized with a 2016 Gateway Program Excellence Award from the Gateway to College National Network.
The award honors MWCC for exceeding all four of the Gateway to College National Network’s performance benchmarks: grade point average, one-year persistence, two-year persistence and graduation rate. The award was presented June 28 during Gateway’s College Peer Learning Conference at the University of St. Thomas in Minneapolis, Minnesota.
“The Gateway to College program opens doors and provides a true second chance for students to achieve academic success,” said MWCC President Daniel M. Asquino. “We are proud to partner with the Gateway national network in this transformative work, and are delighted to be recognized with this year’s program excellence award.”
MWCC’s Gateway to College program is a free, full-immersion dual enrollment program for Massachusetts students ages 16 to 21 who have dropped out of high school, are at risk of dropping out, or have experienced a setback in high school. The program provides motivated students a fresh chance to achieve academic success while getting a jumpstart on college. Established in 2005 as the first Gateway site in New England, MWCC’s Gateway program is offered in partnership with the Ralph C. Mahar Regional School District through the college’s Division of Access & Transition. Students simultaneously earn their high school diploma as well as college credits toward an academic degree or certificate. All classes take place on MWCC’s campuses.
“Thanks to the hard work of MWCC’S Gateway to College team, our students exceeded all four national benchmarks,” said Lea Ann Scales, vice president of external affairs, communications and K-12 partnerships. “More importantly, this award recognizes the success our students and graduates are achieving.”
More than 40 communities across the country have implemented the Gateway to College model as a strategy to address the needs of many off-track and out-of-school youth.
“Mount Wachusett’s program, based on a strong partnership and shared vision with your school districts as well as exceptional program and college leadership – is poised to build on its successes and can serve as an example for the rest of our network,” stated Gateway to College National Network President Emily Froimson. “You have not simply made a difference for students in Gardner Massachusetts; the work that your school district and college partnership has accomplished is a model for how we solve these persistent problems as a nation.”
“A theme of the conference, establishing relationships with students, rings true with the students we serve at MWCC, which has made this award possible,” said Sharmese Gunn, senior resource specialist.
MWCC is currently enrolling Gateway to College students for the academic year that begins Sept. 6. Applicants must attend a two-day information session to be considered for the program. Upcoming information sessions will take place on July 20 and 22, Aug. 3 and 5 and Aug. 10 and 12. For more information about the program or to register for an information session, call 978-630-9248 or visit mwcc.edu/gateway.
When the workday ends and the lights go down, Custom Cleaning Service of Peabody, Inc. gets to work. “We operate as our clients’ silent partner after business hours,” says Adam Paicos, of Templeton, who now serves as Director of Operations and oversees the company’s expansion into North Central MA. “We are not often seen, but we ensure facilities are clean, secure, and ready for business each day while serving as the eyes and ears for our clients when they are not on site.”
Discover local business stories through our Inside North Central Massachusetts Podcast series. Listen as Chamber members share their journeys, insights, and contributions to our thriving regional business community.
Looking for your next opportunity? Explore current job openings from employers across North Central Massachusetts on our Jobs Board. Whether you’re starting a new career or making a change, you’ll find a variety of local positions available to help you take the next step.
CapEx Facility Services & Construction · Leominster, MA
TaraVista Behavioral Health Center · Harvard, MA
DRS Power Technology, Inc. · Fitchburg, MA
AIS · Leominster, MA