Updated February 25 at 12:26pm
Banking
485 results total, viewing 11 - 20
(Updated 2:40 p.m., 3:48 p.m. and 6:20 p.m.) Citizens Financial Group Inc. will build a new 420,000-square-foot corporate campus on the west side of Interstate 295 in Johnston to consolidate more than 3,200 employees in 2018. more
(Updated 12:01 p.m.) Navigant Credit Union is growing this spring, as the credit union on Monday announced it would absorb Dexter Credit Union along with its balance sheet, two branches and its more than 16,000 members. more
Sixty youth literacy kits and no-sew fleece blankets were donated by employees of BankNewport and OceanPoint Insurance Agency through the United Way of Rhode Island as part of the companies’ workplace giving campaign. more
Peter Pagonis is Rhode Island Housing’s director of homeownership, which he has held since 2015. He also is the director of the Rhode Island Mortgage Bankers Association. more
Three college scholarships and one vocational scholarship, totaling $4,500, for students in local high schools will be funded by the Westerly Community Credit Union for the 2016-17 school year. more
Although Rhode Island’s financial services industry accounted for 4.2 percent of direct employment in 2015, the industry contributed 9 percent of the state’s gross domestic product, ranking 8th most in the country. more
(Updated 12:22 p.m.) Joseph M. Baptista is the president of Anchor Financial Mortgage Inc. in Pawtucket. The mortgage firm recently partnered with R.I. Housing and its new program, the Ocean State Grad Grant, which is designed to help new graduates purchase homes. He talks with Providence Business News about his firm, the program and the benefits to buying versus renting. more
Linda Aldrich, port closing/quality-control specialist with The Washington Trust Co., recently received the bank's Community Service Award. Aldrich was awarded $1,000 to donate to a nonprofit organization of her choice. The Community Service Award recognizes a Washington Trust employee who has made significant contributions to the local community, representing the bank's core value of "community" and serving as a role model for his or her fellow employees. more
Washington Trust Bancorp Inc., the parent company of The Washington Trust Co., reported a 3.9 percent decline in net income in the second quarter to $11.1 million, or 64 cents per diluted share, from $11.5 million, or 68 cents per diluted share, a year earlier. more
When small businesses with little collateral need loans, they often find it difficult to meet the lending standards of traditional banks. A new program administered by the Rhode Island Black Business Association hopes to open more financial … more
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