Issue link: https://nebusinessmedia.uberflip.com/i/1097935
6 Worcester Business Journal | April 1, 2019 | wbjournal.com What does financial freedom mean to you? At Bartholomew & Company, we believe it comes down to sound financial planning and investment advice—expertise you can trust to keep you on track at any stage, whether you're settling into your first home or easing into retirement. It's the kind of guidance we've been delivering for 25 years. So that when those important moments come along, you can experience every one of them with confidence. Call us for a complimentary consultation at 508.753.8807, or visit www.bartandco.com. Financial Planning Today for All of Tomorrow's Firsts 370 Main Street, Suite 1000, Worcester, MA 01608 | 508.753.8807 Securities and advisory services offered through Commonwealth Financial Network, ® Member FINRA/SIPC, a Registered Investment Adviser. B R I E FS Continued from Page 5 3.6% Unemployment rate of Greater Worcester in February, down from 3.9 percent in January Source: Massachusetts Executive Office of Labor and Workforce Develop- ment Amount of union money embezzled from 2007-2016 by a DCU Center union official, who pled guilty in March $37,000 Source: U.S. Department of Justice 234 Source: MassHire Department of Career Services Number of layoffs announced in March by Worcester railyard worker company Parsec, Inc. and Clinton cereal and snack maker Weetabix T H E T I C K E R The median price of a Worcester County single-family home sold in February $263,000 Source: The Warren Group Workers Credit Union moving to Littleton Workers Credit Union has begun building a new Littleton headquarters. Work is underway to renovate and ex- pand a two-story building at 119 Russell St. into what will be the Fitchburg firm's new 60,000-square-foot offices. e new office is expected to open next year. Its existing Fitchburg location will re- main, housing the company's mortgage and commercial lending divisions, col- lections, deposit support and loan-ser- vicing departments. IPG acquires Marlborough office building for $21M Oxford laser manufacturer IPG Pho- tonics has purchased a 107,000-square- foot Marlborough building for $21 million, planning to eventually occupy the entire space. e company has embarked on an aggressive expansion strategy since 2016 including the acquisition of seven properties in Oxford and Marlborough for a combined $75.5 million. Worcester Credit Union CEO Duffy to retire Karen Duffy, the longtime CEO of Worcester Credit Union, is retiring at the end of August. All of her 25 years spent with the $81-million financial institution have been as CEO. For Duffy, her proudest accom- plishments in leading the credit union have been a financial litera- cy program and collaborating with the Worcester Community Action Council, Quinsig- amond Community College, Worcester Technical High School and the Edward M. Kennedy Health Center. "For a modestly-sized financial insti- tution, we've really done a tremendous amount," Duffy said. Credit union executive search firm O'Rourke & Associates is working with the union to identify Duffy's successor. Duffy was named an Outstanding Woman in Business by the WBJ in 2017. Karen Duffy, Worcester Credit Union CEO