Banking
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BankRI sponsors Latimer Memorial 5K
Bank Rhode Island announced today that it will be the presenting sponsor of the first annual Steven K. Latimer Memorial 5K, Families Against Violence Run/Walk to be held on Saturday, Sept. 29, at Roger Williams Park in Providence more
SEED helps arrange $1.86M loan for auto dealer
The South Eastern Economic Development Corp. has closed on a loan of $1,861,000 to Route 44 Hyundai in Raynham. The loan enabled the automobile dealership to expand and create 15 new jobs. more
Bank of America helps Crossroads
Updated, 12 p.m.)Seventeen volunteer Bank of America employees recently spent the day working at Crossroads Rhode Island, located at 160 Broad St. Crossroads is a nonprofit organization that assists the homeless. more
Navigant goes mobile with new app
Navigant Credit Union customers can now do their banking anywhere, anytime with the credit union’s new mobile banking app. more
People’s Credit Union earns 5-star rating
People’s Credit Union has once again received a Superior 5-Star rating from BauerFinancial Inc. of Coral Gables, Fla., one of the nation’s leading bank and credit union rating and research firm. more
TIAA-CREF opens Providence office
TIAA-CREF, a leading financial services provider with more than 60 offices nationwide, has opened its newest office, located at Gateway Center, Suite 102, 15 Park Row West, Providence. more
BofA attracts record new assets in ’12
Bank of America Corp., the second-largest U.S. lender, attracted record new assets last year to its unit-servicing retirement and other employee-benefit plans as it cross-sold products through the commercial bank, Bloomberg News said Tuesday. more
BankRI employees help food bank surpass goal
Bank Rhode Island employees and customers spent 10 weeks this summer contributing to the Rhode Island Community Food Bank’s summer food drive, ultimately helping the organization to surpass its collection goal. more
10/1/12
BofA to pay $2.43 billion to end shareholder suit over Merrill
Bank of America Corp. agreed to a $2.43 billion settlement with investors who suffered losses during its acquisition of Merrill Lynch & Co., resolving one of the biggest legal battles to stem from the takeover. more
Homebuyer seminar set for Oct. 10
The Smaller Business Association of New England Inc. will continue its Rhode Island breakfast series continues on Oct. 10. Speaking on that day will be Dan Guglielmo of TrustDesign in Franklin. more
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