Financial Services

PROVIDENCE – State taxes on banks and credit unions won’t change in fiscal 2021, according to Gov. Gina M. Raimondo’s proposed budget. Taxes on financial...

WATERBURY, Conn. – Webster Financial Corp., the parent company for Webster Bank, brought in a $382.7 million profit in 2019, an increase of 6.2%,...

WARWICK – Beacon Mutual Insurance Co. on Tuesday announced it will distribute $6 million in dividend payments to its “safest policyholders,” the largest dividend...

Chris Lloyd joined JPMorgan Chase & Co. in September as health care and life sciences managing director for the Northeast. In this role, he...

PROVIDENCE – Local environmental activists continue to push back against JPMorgan Chase & Co. for financing the fossil fuel industry. More than 20 protesters with...

PROVIDENCE – HarborOne Bank is seeking high school student applicants for its ONECommunity College Scholarship Program, according to a news release. The annual scholarship program...

MIDDLETOWN – People’s Credit Union donated $1,000 to the Bristol Warren Education Foundation, according to a news release. The donation to the community-based education organization...

ROCKLAND, Mass. – Independent Bank Corp, the parent company for Massachusetts-based Rockland Trust Co., brought in a $165.2 million profit in 2019, a 35.8%...

PROVIDENCE – Citizens Financial Group Inc., the holding company for Citizens Bank brought in a $1.8 billion profit in 2019, adding $70 million, or...

WEST WARWICK – The Centreville Bank Charitable Foundation issued $202,500 in grants to six Rhode Island organizations, according to a news release. “Centreville Bank prides...