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Eli Sherman

Eli Sherman
Eli Sherman is an award-winning journalist. He joined Providence Business News in November 2014 having previously worked as a metro reporter at the Waltham News Tribune. Sherman writes about economics, energy and the environment, entrepreneurship and finance. He's received top awards from the Society of American Business Editors and Writers, The Alliance of Area Business Publishers, the New England Newspaper & Press Association and The Rhode Island Press Association.
MECHANICS COOPERATIVE BANK has been selected by the Federal Home Loan Bank of Boston to participate in its Equity Builder Program, assisting local homebuyers with down payments and closing costs as well as providing counseling and rehabilitation assistance.

Mechanics Cooperative Bank tapped for Equity Builder Program

PROVIDENCE – Federal Home Loan Bank of Boston has selected Mechanics Cooperative Bank to participate in its Equity Builder Program.As part of the program,...
HAL HORVAT has been named president and chief operating officer at Centreville Bank in West Warwick. / COURTESY CENTREVILLE BANK

Centreville names Horvat bank president

WEST WARWICK – Centreville Bank has named Harold M. Horvat its new president and chief operating officer.Thomas J. Lamb Jr., chairman and CEO of...
ADAPTING INDUSTRY: As consumer expectations for online banking grow with advancing technology, banks and credit unions must find ways to adapt to those expectations while keeping costs down.

As technology becomes increasingly intertwined with banking, it presents opportunity and...

When Lisa G. Dandeneau first joined Navigant Credit Union more than 22 years ago, one of her first tasks was to help launch online...
STEADY SELLER: Direct selling business Princess House in Taunton produces a variety of products. From left, Nicole Camarao, associate product-development manager; Valerie Vega, product planner; Connie Tang, president and CEO; Mayari Genova, senior product manager; and Michelle Hannula, senior product manager. / PBN PHOTO/MICHAEL SALERNO

Social media integral to Princess House continued sales, profit growth

Princess House Inc. in Taunton has taken part in the transformation of the direct selling industry since its founding in 1963.At the beginning, the...
GETTING INVOLVED: Ditra Edwards opened The Center for Community Transformation last year in an effort to get community members more involved in the civic process. / PBN PHOTO/MICHAEL SALERNO

Boosting community engagement

Ditra Edwards wants to help individuals and organizations become more involved in their respective communities.That’s why last year she opened The Center for Community...

Can too much transparency hinder economic development?

There’s a running debate between the state and some outside parties about how much information related to luring business here should be shared with...
BARBARA COTTAM, head of corporate affairs for Citizens Bank, says learning the basics of financial literacy is the first step to achieving your financial goals and becoming financially secure. / PBN FILE PHOTO/STEPHANIE ALVAREZ EWENS

Citizens to provide $1.5 million for financial literacy

PROVIDENCE – Citizens Bank is providing $1.5 million to 80 nonprofits across its geographical footprint to support financial literacy.April marks the national financial literacy...
MICK MULVANEY, acting director of the Consumer Financial Protection Bureau, says the bureau is “too powerful” and is requesting Congress make changes that would effectively make the bureau less independent. / BLOOMBERG FILE PHOTO/ZACH GIBSON

CFPB acting director calls agency ‘too powerful’

PROVIDENCE – In his first report as acting director of the Consumer Financial Protection Bureau, Mick Mulvaney is calling his agency “too powerful.”Mulvaney, an...
THE R.I. DIVISION OF PUBLIC UTILITIES AND CARRIERS has asked National Grid Rhode Island to pare its proposed rate increase by 75.2 percent. / BLOOMBERG FILE PHOTO/STEVE HOCKSTEIN

R.I. wants 75% cut to National Grid proposed rate hike

PROVIDENCE – State regulators have proposed cutting a $45.8 million annual increase to National Grid Rhode Island gas and electricity rates by 75.2 percent.The...
LT. GOV. Daniel McKee, left, in 2017 looks at the website of Chapincito ­Media, a multimedia production company, with owner Edwin Arroyo Mendez. / PBN FILE PHOTO/MICHAEL SALERNO

McKee starts business pitch competition for Rhode Island students

PROVIDENCE – Lt. Gov. Dan McKee is launching a new business-pitch competition for high school students to compete for $9,000 in scholarship prizes.The competition,...
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