Banking

The Westerly Community Credit Union has received a $100,000 grant to help secure home ownership for low to moderate income households. 10:41 am

The Narragansett Bay Insurance Co. reached a notable landmark last week when it celebrated its 100,000th homeowner’s policy. 4:55 am

UMBERLAND – The Pawtucket Credit Union held a ribbon-cutting to celebrate the opening of their newest branch at 1855 Mendon Road this month. The 2,800-square-foot facility is the credit union’s 15th location and their first in Cumberland. The building was designed by Vision 3 Architects of Providence and built by Graham Builders Inc. of Smithfield. The new branch features two drive-thru lanes, a 24-hour, drive-up ATM, and private offices. Located near the commercial center of the town, the branch is expected to provide banking services for an increased volume of customers. Pawtucket Credit Union is the largest Credit Union in Rhode Island and recently celebrated taking top honors in the Providence Business News’ Best Places to Work in Rhode Island. “We applaud Pawtucket Credit Union on their continued success,” said Keith Davignon, a principal at Vision 3 Architects who has been working with Pawtucket Credit Union for more than 20 years. The exterior design is a simple, traditional style which fits easily into the suburban neighborhood with the interior being more contemporary, working together to create a visually dynamic retail space. 4:55 am

Rockland Trust has announced the launch of its $1 million “Actions. Not words.” marketing campaign. The campaign will feature a social media and online promotion to engage customers and the public. 4:55 am

BankNewport President and CEO Sandra J. Pattie recently joined Andrew Schiff, CEO of the Rhode Island Community Food Bank, and Joanne Hoops, executive director of the Boys & Girls Clubs of Newport County, for a visit to the Park Holm Boys & Girls Clubs following a $5,000 grant from BankNewport to the food bank’s Kids Café program. May 19

RBS Citizens Financial Group Inc. has announced the expansion of its student lending business to include private student loans to college students in the continental United States. May 16

RBS Citizens Financial Group Inc. unveiled the mobile banking platforms for it Citizens Bank customers with Android smartphones. May 16

WESTERLY – Washington Trust and Rhode Island Monthly announced today that “Water Ballet,” a photo taken by Ingrid Matthews of Richmond, is the recent winner of the I Luv RI 2012 photo contest and will appear in the May 2012 issue of Rhode Island Monthly Magazine. May 15

Webster Bank will hold a complimentary seminar on fraud awareness designed specifically for small businesses. Experts in the field will show how to combat scams that frequently target small businesses, such as check fraud, cybertheft and identity theft. May 15

The Bristol Community College Academic Center for Entrepreneurship has named the annual winners of their entrepreneurship competition. May 15