Six Rhode Island banks earned mixed ratings for best practices in the areas of overdraft, disclosure and dispute resolution, according to a study called “Checks and Balances: Measuring Checking Accounts’ Safety and Transparency” by The Pew Charitable Trusts.
RBS Citizens Financial Group Inc., the parent company of Citizens Bank, has launched “Bank Better” with its signature element being that no overdraft fees will be charged for transactions of $5 or less.
By Rhonda Miller PBN Staff Writer
In an effort to reduce the use of payday lending that often draws financially fragile families into a worsening debt cycle and, in the long-term, to have a positive impact on the state’s economy, the United Way of Rhode Island awarded a $56,950 grant to help launch an innovative financial counseling and loan center in Woonsocket.
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.