Banking
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BofA dropped by Sallie Mae as Barclays wins college card
Bank of America Corp., the second- biggest U.S. lender, divested a $1.3 billion credit-card portfolio after SLM Corp. chose Barclays Plc. for its college-savings program. more
WashTrust collects 100 tons of peanut butter in 12 years
The Washington Trust Co. collected more than six tons of peanut butter during this year’s annual drive, bringing the bank’s 12-year total to more than 100 tons of peanut butter. more
| 6/13/12
RBS honors 117 workers with 25 years of service
RBS Citizens Financial Group Inc. Chairman and CEO Ellen Alemany unveiled 117 specially inscribed bricks honoring colleagues who have been with the company for 25 years. more
Independent Bank receives highest J.D. Power rating
Independent Bank, the parent of Rockland Trust, announced last week it has received the Highest Customer Satisfaction with Retail Banking in the North Central Region award from the J.D. Power and Associates 2012 Retail Banking Satisfaction Study. more
First-graders spend month learning about saving
First-grade students at John J. Doran Community School in Fall River recently wrapped up a month-long lesson designed to stress the importance of using money wisely. more
6/11/12
401(k) increases signal growing consumer confidence
If you have experienced a noteworthy increase in your personal 401(k) account over the last three years, you are not alone. more
Credit Union Association names scholarship winner
John Marsella of Hopkinton was recently awarded a scholarship by the Credit Union Association of Rhode Island. John who was sponsored by the Westerly Community Credit Union in Westerly, was selected from hundreds of applicants submitted to credit unions from throughout Rhode Island. more
Alex and Ani taps Bank of America
Alex and Ani Inc. has chosen Bank of America to support and grow its retail operations domestically and worldwide. more
People’s names scholarship winners
The winners of the People’s Credit Union 2012 eight grade scholarship were announced May 31, 2012. The scholarships were awarded to one student in each town that People’s has a branch location. more
Taking risks pays off big for former bank leader
Merrill W. Sherman knows a few things about banking. In the early 1990s, she was named president, chairman and CEO of Eastland Financial Corp., and was charged with turning that institution around after years of losing money. She did it. more
By Paul E. Kandarian
Contributing Writer | 5/28/12
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