Financial Services
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Coastway opening ‘prototype’ branch
Coastway Community Bank announced the opening of its prototype retail branch on Comstock Parkway in Cranston on Jan. 28, according to a press release from the bank. more
Fidelity earns BOMA recognition
Fidelity Investments’ award for The Outstanding Building of the Year from The Building Owners and Managers Association in Boston is a first for a Rhode Island building since the competition began in 1985, said association spokeswoman Kayla Burmeister. more

By Rhonda Miller
PBN Staff Writer | 2/11/13

Lender Processing reaches agreement in ‘robosigning’ suit
JACKSONVILLE, Fla. – Lender Processing Services Inc. last week reached a multistate settlement to resolve claims of improper foreclosure practices, including the “robosigning” of documents used to repossess homes, Bloomberg News reported. more
2/11/13
State still working with firms implicated in suit
The fraud and misconduct alleged in Rhode Island’s lawsuit against the architects of the 38 Studios LLC loan guarantee haven’t stopped the state from doing business with some of the firms implicated. more

By Patrick Anderson
PBN Staff Writer | 2/11/13

Coastway opens prototype branch
Coastway Community Bank opened a prototype retail branch on Comstock Parkway in Cranston on Jan. 28. The branch is intended to be the first of multiple locations for the design, which uses traditional materials of brick, stone and glass. Pictured from left, from Vision 3 Architects: Joseph Caldeira, project manager; Keith Davignon, principal; Andrew Hausmann, architect; and from E. Turgeon Construction Corp, Christopher Ducharme, principal, and Peter Abbenante, project manager. more
2/11/13
A survival guide for managing investments
With the new year under way, pundits are issuing their forecasts of market returns for 2013 and beyond, while a number of big uncertainties loom on the horizon. more
2/18/13
Five Questions With: Scott Sanborn
TD Bank’s regional vice president for the Greater Boston and Rhode Island markets talks about the financial services industry from both a national and local perspective. more
WCCU donates $10K to high school sports
The Westerly Community Credit Union donated $2,265 to each of four high school sports boosters from proceeds of its 29th annual holiday basketball tournament held, according to a press release. more
CGF anticipates increase in tax prep
The Capital Good Fund anticipates providing free tax preparation for 600 families this year, up from 200 last year and 26 in 2010, Executive Director Andy Posner said in an e-mail. more
Aite: Emerging markets, rising fund flows expected
Among the trends expected to impact institutional securities and investments in 2013 are investor fund flows rising and shifting to emerging markets. more
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