Banking
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BofA must face mortgage repurchase suit by U.S. Bancorp
Bank of America Corp. must face a lawsuit filed by a mortgage-bond trustee that seeks the repurchase of home loans backing $1.75 billion of securities, a judge ruled. more
Personal service, group buy-in drive Webster success
When the Great Recession hit in 2008 and mortgage foreclosures soared, Webster Bank took a different route than many other lending institutions. more
By John Larrabee
Contributing Writer | 12/17/12
Sovereign hits customers with new fees on accounts
Sovereign Bank N.A., a unit of Banco Santander S.A., has increased its existing fees on checking account customers and added entirely new fees, the latest in a handful of local and national banks to do so, reported the Boston Globe. more
| 1/22/13
BankRI Gallery features Cranston artist
The BankRI Pitman Street Gallery is presenting “Photographs by David Silverman” through Aug. 1. showcasing the art of a local photpgrapher. more
Patricia Placencia
Age: 32 more
7/23/12
Bristol County Savings Bank foundation donates $33K
Bristol County Savings Bank and its charitable foundation has recently awarded ten grants to Pawtucket area organizations, totaling $33,360. more
BofA lags on implementing foreclosure changes
Bank of America Corp. has been lagging in carrying out changes required by a $25 billion foreclosure settlement, the Boston Business Journal reported. more
| 8/30/12
Wash Trust posts record profit in 2Q
Washington Trust Bancorp Inc., parent company of The Washington Trust Co., posted a record second quarter net income of $8.7 million, or 53 cents per diluted share, a rise of 15.2 percent compared to the second quarter 2011 figures. more
McDonough to succeed Doyle as head of Randolph Savings
James McDonough has been tapped to serve as president and CEO of Randolph Savings Bank, succeeding the retiring Jack Doyle, Chairman of the Board Richard Pierce announced Monday. more
| 3/25/13
Bristol County Savings acquires 4 new branches
Bristol County Savings Bank is acquiring four branches – in Fall River, New Bedford and Raynham – from Boston-based Admirals Bank. more
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