Banking
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New Washington Trust opens in Cranston
Washington Trust has announced that it has opened its third branch office in Cranston, on 2174 Plainfield Pike. more
BankNewport breaks ground for new HQ
BankNewport has officially broken ground at the site of its proposed new headquarters and operations center at 184 John Clarke Road in the Aquidneck Corporate Park in Middletown. more
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
Brookline subsidiaries convert to state rule
BOSTON – Mass. Commissioner of Banks David Cotney announced that Brookline Bank and The First National Bank of Ipswich have converted from federally chartered institutions to a state-chartered bank and trust company, respectively, marking the first conversions of this type in the state since 2001. more
8/6/12
RBS prepares for Libor settlement
The Royal Bank of Scotland PLC is negotiating a settlement with the authorities investigating the bank’s involvement in the Libor scandal, according to the Wall Street Journal. more
| 7/31/12
Coastway breaks ground on new office
Coastway Community Bank has started construction of their inaugural prototype branch office. more
Free seminars by the area’s small-business trainers
The Rhode Island Small Business Recovery Program and SCORE will host sixteen free seminars presented by the area’s finest small-business trainers. All seminars will be held at the Centerville Seminar Center at 875 Centerville Road, Warwick, Building 2, Suite 5. more
Bank of America launches mobile deposits
Say goodbye to your local teller and hello to your smartphone. more
Free seminar for first-time homebuyers
A free seminar, “First-Time Homebuying Made Easy,” will be held on Monday, Aug. 6, 2012 at 6 p.m., at Washington Trust’s Reservoir Avenue Office at 645 Reservoir Ave., in Cranston. more
Loan growth fuels record quarter for WashTrust
Washington Trust Bancorp Inc., parent company of The Washington Trust Co., posted a record second-quarter profit of $8.7 million, or 53 cents per diluted share, a rise of 15 percent compared to the same period last year, on continued growth in mortgage and commercial loans. more
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