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Nancy Lavin

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Federal Home Loan Bank of Boston funds $945K for new housing...

PROVIDENCE – Rhode Island received $945,000 in grants as part of Federal Home Loan Bank of Boston’s $57.5 million funding initiative to support affordable...

Bank Rhode Island collects 1,466 gifts for children statewide

PROVIDENCE – Bank Rhode Island’s annual Holiday Giving Tree program collected 1,466 presents for local children in need this season, according to a news...

Citizens Financial Group recognized for mortgage company acquisition

PROVIDENCE – Rhode Island-based Citizens Financial Group Inc. ranked No. 1 for the “best strategic nonbank acquisition,” according to Bank Director’s 2020 RankingBanking study. Citizens’...
SHRINKING NUMBERS: Local banks have seen their net interest margin getting smaller over the last 12 months, which translates to lower interest income. That situation isn’t expected to change much in 2020./ SOURCES: SEC FILINGS; FDIC QUARTERLY BANKING PROFILE

Banks expected to continue feeling squeeze in lending margins

For Marc Perlman, principal owner and CEO of Ocean State Job Lot, the Federal Reserve’s outlook for 2020 is the best business fortune he...

Predictions that Rhode Island will lose a House seat less certain

PROVIDENCE – The 2020 Census looms large for Rhode Island, with experts long predicting it to result in the state losing one of its...

Five Questions With: Shannen Pavao

Shannen Pavao serves as research associate director for the Center for Marketing Research at University of Massachusetts Dartmouth, which recently announced a white paper...

Webster Bank grants $25,000 to Providence nonprofits

PROVIDENCE – Financial coaching and education for middle school boys are among the programs that benefited from grant funds through Webster Bank, according to...

R.I. Infrastructure Bank bumps up financing for Wickford Village Wastewater Collection...

PROVIDENCE – The Rhode Island Infrastructure Bank will loan an additional $315,000 to the Wickford Village Commercial Area Wastewater Collection System Project, according to...

Rhode Island Society of CPAs and SBA to hold small-business...

PROVIDENCE – The Rhode Island Society of Certified Public Accountants and the U.S. Small Business Administration will hold the 2020 SBA Small Business Economic...

2 R.I. chief investment officers named to most influential corporate...

PROVIDENCE – Two chief investment officers at companies based in Rhode Island were named among the top 10 most influential CIOs by industry news...
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