Banking
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Pyramis names Pam Holding head of portfolio management
Equity portfolio management teams at Pyramis Global Advisors, a Fidelity Investments Co., will be led by Pam Holding, who has been named head of portfolio management. more
Washington Trust board declares dividends
The board of directors of Washington Trust Bancorp Inc. has declared a quarterly dividend of 24 cents per share for the quarter ending Dec. 31 2012. The dividend will be paid Jan. 11 to shareholders of record on Jan. 2. more
Byrne doles out Excellence in Construction Awards
Byrne Bonding & Insurance, a division of Starkweather & Shepley Insurance Brokerage Inc., has recognized outstanding contractors with its Excellence in Construction Awards. more
TD Bank launches ‘Bank Human’ campaign
TD Bank is putting customers and employees out front in its new “Bank Human, Again” multimedia marketing campaign. more
Analyst: Flagstar may be leaving Rhode Island
When Rhode Island native Steven Issa was tapped in 2011 to lead Mich.-based Flagstar Bancorp Inc.’s move into New England, his local ties made the Ocean State a natural launching point. more

By Rhonda Miller
PBN Staff Writer | 1/14/13

Mechanics partners with Subway owners
Mechanics Cooperative Bank is partnering with local Subway franchise owners for the “Eat Fresh. Bank Local” campaign that runs through March 31, according to a press release from the bank. more
Navigant opens two new branches
Navigant Credit Union opened two new branches, one in the Riverside section of East Providence and one in Warren, after the successful completion of its merger with Columbus Credit Union, according to a company press release. more
BankRI provides financing for Quick Fitting
Bank Rhode Island has provided a $3 million financing package to Quick Fitting Inc. to expand its business and launch a new product line, according to a press release from the bank. more
Rockland Trust parent’s profits decline 10.8% in 4Q
Independent Bank Corp., the parent of The Rockland Trust Co., reported fourth-quarter net income of $10 million, or 45 cents per diluted share, a 10.8 percent decline from the fourth quarter of 2011. more
| 2/1/13
BankRI parent sees 33.1% increase in profit
BOSTON – Brookline Bancorp Inc. – the parent company of Bank Rhode Island – saw its bottom line soar 66.1 percent during the fourth quarter of 2012 and 33.1 percent over the year as a whole, the bank announced last week. more
2/4/13
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