Financial Services
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TD Bank gets strong reviews
Rhode Islanders have provided some of the most positive feedback on TD Bank’s Customer WOW Index among the financial institution’s Maine-to-Florida footprint, according to the bank. more
BCSB opens branches, gives to YMCA
Bristol County Savings Bank cut the ribbon at new branches in Massachusetts on April 17, with its first full-service banking office in Fall River and its second and third branches in New Bedford. more
Despite 1Q CDO write-off, WashTrust shows strength
After several years of momentum with increased earnings and expansion, Westerly-based Washington Trust Bancorp Inc. hit a $2.8 million pothole in the first quarter of 2013, but helped balance that dip with solid growth in commercial loans and strong mortgage production in a three-state region. more

By Rhonda Miller
PBN Staff Writer | 4/29/13

Fitch Ratings affirms Mass. port authority bonds; debt ‘stable’
NEW YORK – Fitch Ratings last week affirmed its AA rating of the Massachusetts Port Authority’s $1.16 billion revenue bonds and its A+ rating of the authority’s $127.4 million passenger facility charge revenue bonds. Fitch said the rating outlook is stable for all of the authority’s debt. more
4/29/13
Bank windows open wider for home loans
Using your home as an ATM no longer is a financial option, but the tools that allowed owners to pull out massive amounts of money during the boom years – equity credit lines and second mortgages – are making a comeback. more
4/29/13
Advocates of paying off 38 Studios debt go silent
Nearly a year of reassurances from Rhode Island’s top political leaders that the state will pay off its 38 Studios LLC debt hasn’t quieted advocates of a tactical default. more

By Patrick Anderson
PBN Staff Writer | 4/29/13

Looking to lure foreign investors
From the home of the Brooklyn Nets to a ski resort in northern Vermont and an office building in downtown New Bedford, enterprises across the country are cashing in on the global desire to live in the United States. more

By Patrick Anderson
PBN Staff Writer | 4/29/13

Spectra gets patent approved
Spectra Systems Corp. has received a notice of allowance, or approval, from the U.S. Patent and Trademark Office for its patent entitled “Currency Fitness and Wear Detection Using Temperature Modulated Infrared Detection.” more
WCU employees certified as financial counselors
Two Westerly Credit Union staff members have completed training and been awarded the designation of Certified Financial Counselor, according to a press release. more
How to navigate biz taxes
Ahh, the joys of self-employment – being your own boss, setting your own hours, doing what you like, and, oh yes, establishing a life-long bond with your accountant. Being self-employed also means being responsible for a wide range of critical tax-related duties. more
5/6/13
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