Thursday, September 10, 2026

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Michael Souza

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R.I. residents see increase in savings, checking accounts

STAMFORD, Conn. – Pitney Bowes Software has released data showing that shows that Rhode Island ranks 6th on a list of the nation’s...

SEED provides assistance for six more loans

TAUNTON – The South Eastern Economic Development Corp., a nonprofit organization that makes loans to aid small businesses, has announced another series of successful...

BankRI begins 12th annual Project Cover-Up

PROVIDENCE – With the cold winter months quickly approaching, many lack the clothing to keep them warm. In response, Bank Rhode Island has partnered...

Independent-Central sale to close Nov. 9

ROCKLAND, Mass. – Independent Bank Corp., the parent company of Rockland Trust, has received all the regulatory approvals relating to its purchase of Central...
FULL DISCLOSURE: Richard J. Anzelone, managing director for StrategicPoint Investment Advisors, with Betsey A. Purinton, managing director and chief information officer at the company. Anzelone says the effectiveness of the new disclosure reports remains to be seen. / PBN PHOTO/DAVID LEVESQUE

Workers to get 401(k) disclosures

New federal transparency rules will help employees participating in their company’s 401(k) plan become better educated and more aware of the plan’s intricacies. In February,...

Survey: Cash is king for many companies

The expression “cash is king” has perhaps never rang truer than today, with companies holding onto more money than in years past, according to...
DOUGLAS K. MAYHEW will succeed Peter J. Colella as president and CEO of OceanPoint Insurance Agency Inc., effective Jan. 1, 2013. / COURTESY OCEANPOINT INSURANCE AGENCY INC.

Mayhew to succeed Colella as CEO of OceanPoint Insurance

MIDDLETOWN – Douglas K. Mayhew, a 26-year veteran of the insurance industry, has been named president and CEO of OceanPoint Insurance Agency Inc. effective...
WASTE MANAGEMENT OF RHODE ISLAND opened the first compressed natural gas fleet fueling facility in New England at its Cranston facility. Above: the CNG fueling station in Louisville, Ky. / COURTESY WASTE MANAGMENT

Natural gas-powered waste collection vehicles hit R.I.

CRANSTON - Officials from the state and Waste Management of Rhode Island celebrated the opening of the first compressed natural gas fleet fueling facility...
WASHINGTON TRUST's parent company Washington Trust Bancorp Inc. posted a 15 percent increase in third quarter earnings.  / COURTESY GREATER CITY PROVIDENCE/JEF NICKERSON

WashTrust posts 15% increase in 3Q earnings

WESTERLY - Washington Trust Bancorp Inc., parent company of The Washington Trust Co., has posted a net income of $8.9 million, or 54 cents...
"Consumers have been borrowing less on their homes in terms of second mortgage loans, and people with second mortgages have been converting them into firsts." / COURTESY WEBSTER

Five Questions With: James C. Smith

James C. Smith is chairman and CEO of Webster Financial Corp. and Webster Bank. He was elected CEO in 1987 and chairman in 1995....
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