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BankFive honored as a leading women-led business in Massachusetts

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BankFive honored as a leading women-led business in Massachusetts


BankFive has been recognized as one of the Top 100 Women-Led Businesses in Massachusetts for the third consecutive year.

The recognition comes from The Women’s Edge, a nonprofit organization that supports women leaders, according to a community announcement.

The Top 100 Women-Led Businesses list is based on factors such as company revenue, workplace diversity, innovation and customer benefits.

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“It’s an incredible honor to once again be recognized among so many exceptional women-led organizations,” Anne Tangen, president and CEO of BankFive, said in the announcement. “This achievement reflects the dedication of our entire team, whose commitment to our customers and communities continues to drive BankFive’s success and positive impact. At BankFive, our mission has always been to empower our employees, support our customers, and strengthen the communities we serve, and this honor reinforces the importance of that work.”

This past year, BankFive celebrated its 170th anniversary with a multi-million dollar renovation of its new Main Street headquarters in Fall River. The bank also announced a new financial literacy program, FiveSense.

The organizations that received the award were honored at The Women’s Edge and the Boston Globe Magazine’s annual awards breakfast Oct. 24 in Boston. The 100 companies on the list represent a combined total of $141 billion in revenue and operating budgets.

The Women’s Edge is a nonprofit organization that aims to help women leaders achieve personal and professional success and make a positive impact within their businesses and communities.

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To learn more about the bank, visit bankfive.com.

This story was created by reporter Beth McDermott, bmcdermott1@gannett.com, with the assistance of Artificial Intelligence (AI). Journalists were involved in every step of the information gathering, review, editing and publishing process. Learn more at cm.usatoday.com/ethical-conduct.



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Massachusetts

Is it really going to snow in New England tomorrow? Here’s what to expect from storm

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Is it really going to snow in New England tomorrow? Here’s what to expect from storm


We’re still on the good side of the forecast today. We’ll see a good supply of sun to start, then the clouds will increase and a few showers will sink down from the north in the afternoon. We still manage to make it near 70. (Yay.)

Tomorrow’s high temperatures, however, comes after midnight tonight — before falling toward Saturday morning. If you think that’s confusing, try explaining the snow that’ll be flying in the higher elevations across New England (with solid accumulation above 4k feet).

Yes, the weather is upside down for late May.

We can blame an intense, compact upper-level pool of cold air that broke loose from a larger pool near the Arctic Circle days ago.

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The pattern across North America has dropped it in our laps for a day, with cold, rainy, windy consequences.

Rain, wind and… snow?

This will be a sneaky storm. Early on, there might even be a calm, bright sky (very) early Saturday morning. Then the clouds move in and the wind intensifies from the northeast. Gust will briefly peak at 50+ along the coast (40+ inland).

Rain will mix with snow in northern New England, and perhaps in the highest elevations of southern New Hampshire and central Massachusetts.

This also depends on the intensity of the precipitation. Heavier bursts of rain can drag down colder air aloft, helping the snowflakes make it from cloud base to your home place (if you live above 1k feet).

Ironically, we’re not expecting a deluge from this storm. Most spots keep near a half inch, with higher amounts near an inch in northeast Mass./southern NH.

And then just like that, it’s over. The storm pulls away Saturday evening, the skies clear and we’re back to sun Sunday. Highs recover to near 70 with the slightest chance for a shower late day.

Better chances – and cooler temps – come both Monday and Tuesday.

Will summer ever take hold? We know from past years that June can really struggle. It appears that the start of the month may not live up to expectations. Although we are at least climbing back to the 80s late next week.

Have a good weekend.

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Massachusetts Top Cop Off the Hook for Secret Recording Program

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Massachusetts Top Cop Off the Hook for Secret Recording Program


The head of the Massachusetts State Police can’t be sued for an alleged program that secretly recorded officers’ phone conversations with civilians and used them to bring criminal charges, the First Circuit said Thursday.

A group of Massachusetts residents filed a putative class against against Superintendent Geoffrey Noble, as well as Motorola and other companies, over the secret recordings, which were used to propose criminal charges in at least 181 cases without prosecutors’ knowledge, the three judge panel said.

The opinion by Circuit Judge Seth Aframe said the residents, led by Jason Courtemanche, failed to show how they’d be directly …



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How Hard Health Care Hits MA Family Budgets

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How Hard Health Care Hits MA Family Budgets


Massachusetts families are spending 8% of their monthly income on health care, according to a new study. That puts the Bay State toward the higher end of the scale, coming in at No. 12 in the country.

The analysis from personal finance website WalletHub examined where people are spending the most and the least on health care.

Alaska was No. 1 in the U.S., spending over 10% of their income on health care. On the other end of the scale, Utah residents spend 5% of their income on health care.

“Sharp increases in health care costs in recent years have made it difficult for some people to seek essential care,” WalletHub Analyst Chip Lupo said. “Even in states with lower-than-average health care prices, residents’ incomes may not be enough to keep up with the cost, especially since virtually every part of Americans’ budgets have been impacted by inflation over the past few years.”

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To determine how much families are spending, WalletHub analyzed the prices of five key health care components across all 50 states, then combined those costs and compared them with each state’s median household income.

Read more: 1 MA Town Among 250 Best Places To Live In US News Ranking

Massachusetts spends the most on health care compared to other states in the region, according to the study. Vermont is the next-highest state in the Northeast, ranking at No. 14 with residents spending 7.98% of their income on health care.

Here are the top 10 states where people are spending the most on health care:

  1. Alaska
  2. Oregon
  3. Maine
  4. Mississippi
  5. West Virginia
  6. New Mexico
  7. North Carolina
  8. Montana
  9. South Dakota
  10. Louisiana

Check out the full study at WalletHub.





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