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Savings Institute Bank to be acquired by Berkshire Hills pending approval

PROVIDENCE – Boston-based Berkshire Hills Bancorp’s $180 million acquisition of Savings Institute Bank & Trust Co., including its Rhode Island operations, is expected to...

Five Questions With: Stephen J. White

Stephen J. White has held the position of president and CEO of Westerly Community Credit Union for the last 19 of his 39 years...

Survey: Bank branches main channel for Americans seeking loans, advisers

PROVIDENCE – Research undertaken by GlobalData, a London-based data and analytics company, shows that United States banks should limit branch closures despite the growth...

R.I. Infrastructure Bank finances new round of wastewater projects

PROVIDENCE – Rhode Island Infrastructure Bank is providing $47.3 million in financing for wastewater, sewer and stormwater projects for the Narragansett Bay Commission and...

SBA to host ‘matchmaker’ event for food-related entrepreneurs, lenders

WARREN – The U.S. Small Business Administration will host a “matchmaker” event on Tuesday, April 30, for small businesses in food-related industries to meet...
RHODE ISLAND was found to have the fourth-fastest average internet speed in the United States. / COURTESY HIGHSPEEDINTERNET.COM

Report: R.I. has 4th-fastest internet speeds in U.S.

PROVIDENCE – Rhode Island had the fourth-highest internet speeds in the United States, according to a recent report from HighSpeedInternet.com.The report said that the...
A $1.8 MILLION fishing pier will be built at Rocky Point State Park. / COURTESY R.I. DEPARTMENT OF ENVIRONMENTAL MANAGEMENT

$1.8M fishing pier to be built at Rocky Point

WARWICK – A new $1.8 million wooden fishing pier will be built at Rocky Point State Park, the R.I. Department of Environmental Management and...
WESTERLY-BASED WASHINGTON TRUST Bancorp posted net income of $17.5 million in the first quarter, driven by an increase in loans, the bank reported Monday.

WashTrust reports 8% profit growth

WESTERLY – The Washington Trust Co.’s parent company reported Monday a 7.9% increase in net income in the first quarter from a year earlier....
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PBN on WJAR-TV, April 22, 2019

Gov. Gina M. Raimondo sets her sights in her final term on ‘job training and education.’ Will there be money to pay for it?Every...

Gaines appointed chief medical officer of Newport Hospital

NEWPORT – A longtime emergency room doctor at Newport Hospital has been appointed vice president of medical affairs and chief medical officer, the hospital...
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