Financial Services
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Curbs in tax deductions may strain nonprofits
We are a philanthropic nation. Even with the challenges of recent economic times, charitable giving increased by $8 billion in 2011, an increase of almost 4 percent from 2010, according to the 2012 report by the Center on Philanthropy at Indiana University. Individuals gave $217 billion, compared with $209 billion in 2010. more
Guest Column:
Martha Conn Hultzman | 4/22/13
Webster hosting open house
Webster Bank is holding a “one-stop shopping” Home Buyer Open House with bank officers on hand to assist with pre-qualification for mortgages and local realtors on-site with area listings, according to a press release from the bank. more
A boom market begins to reappear in the U.S.
They’re back after barely a decade: Escalation clauses in real estate contracts, “naked” contingency-free offers and lowball-priced listings designed to pull in dozens of bidders and turn routine sales transactions into auctions. more
4/22/13
Banks urged to focus on most-active customers
Banks continuously seek improvements in using marketing analysis to attract and retain customers, and to expand the financial products used by existing customers. more

By Rhonda Miller
PBN Staff Writer | 4/22/13

‘Affordable’ not luring investors
Many Rhode Island communities have fought the state’s Low and Moderate Income Housing Act for limiting their ability to stop development projects. more

By Patrick Anderson
PBN Staff Writer | 4/22/13

S&P raises North Providence bonds
Standard & Poor’s Ratings Services has raised its long-term rating on North Providence’s general obligation bonds to BBB+ from BBB-, according to a press release from the ratings agency. more
BofA gives to United Way
Bank of America has donated $175,000 to United Way of Rhode Island to help fund its Critical Needs program, according to a press release from the bank. more
Dowling tapped as Brown investment officer
Joseph L. Dowling III has been named the new chief investment officer at Brown University effective June 2013, the school announced Thursday. more
RBS official: Paper checks may be done
Banks may finally be succumbing to the pressure from developments in technology to transition more fully from paper checks to electronic payments, James Gifas, head of RBS Citizens Treasury Solutions said in a press release. more
SEED Corp. outlining SBA programs
A training session to provide information on two U.S. Small Business Administration loan programs will be held in Raynham on Friday, May 3, sponsored by the South Eastern Economic Development Corp. more
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