Financial Services
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BCSB expanding into Freetown
Bristol County Savings Bank has opened a new branch in Freetown, a location between the bank’s oldest market in Taunton and its newest market in New Bedford, according to a press release. more
A boom market begins to reappear in the U.S.
They’re back after barely a decade: Escalation clauses in real estate contracts, “naked” contingency-free offers and lowball-priced listings designed to pull in dozens of bidders and turn routine sales transactions into auctions. more
4/22/13
Investment chief guides with expertise, not drama
These days, banks can seem like characters in blockbuster movies: swirling in drama, thriving under turmoil, operating in crisis mode. Melissa Trapp, who manages Bank Rhode Island’s investment services, declares that she is “not headline material.” But she embodies the values that banks purport to deliver: sound judgment, a personal touch, little fanfare. more
By Michael Persson
Contributing Writer | 5/27/13
Mass. selling $100M in ‘Green Bonds’ debt
BOSTON – Massachusetts, taking a cue from the World Bank, is selling $100 million in debt called Green Bonds, saying it’s the first U.S. state to issue such securities to fund environmental projects, Bloomberg News report said. more
6/10/13
SEED, Rockland sponsoring workshops
South Eastern Economic Development Corp. and Rockland Trust Community Development Corp. are sponsoring two business workshops in New Bedford for existing and potential entrepreneurs. more
Five Questions With: David C. Morganelli
Partner at Partridge Snow and Hahn LLP talks about the Rhode Island Society of Certified Public Accountants and the current state of personal income tax reforms. more
BankNewport grant helps combat childhood hunger
BankNewport made a $5,000 grant to the Rhode Island Community Food Bank in support of its Kids Cafe initiative, a program that currently feeds more than 600 children at nine sites in Providence and Newport. more
6/17/13
RIAC bond rating is lowered; outlook stable
Fitch Ratings announced last week that it has downgraded the R.I. Economic Development Corporation’s approximately $243 million in outstanding R.I. Airport Corporation senior-lien general airport revenue bonds to “BBB+” from “A-.” Fitch revised the rating outlook to stable. more
6/17/13
Taveras: Financial Opportunity Centers have helped more than 1,000 Rhode Islanders
The city of Providence’s Financial Opportunity Centers have yielded significant results since their launch in 2011, announced Mayor Angel Taveras. more
Citizens looks to help parents, student borrowers
To help student loan borrowers and their parents or co-signers to effectively manage student loans, RBS Citizens Financial Group is providing a TruFit Student Loan Annual Summary, according to a press release. more
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