Coastway votes to become savings bank
CRANSTON – Rhode Island is losing a credit union and gaining a mutual savings bank.
Members of the Coastway Credit Union have overwhelmingly approved the...
Rockland parent shows 1Q profit growth
ROCKLAND, Mass. – Independent Bank Corp. (Nasdaq: INDB), parent of Rockland Trust Co., today posted a first-quarter profit of $6.39 million, an increase of...
R.I. Business Plan names finalists
PROVIDENCE – With the Rhode Island Business Plan Competition today announcing its 2009 finalists, six would-be businesses are one step closer to gaining at...
SEED to finance Mearthane expansion
CRANSTON – Mearthane Products Corp. has obtained $1 million in refinancing from Taunton-based SEED Venture Finance LLC to restructure the company’s balance sheet and...
NBIC to write policies in New Jersey
PAWTUCKET – Narragansett Bay Insurance Co. is moving into new territory.
The Pawtucket-based specialty property and casualty insurer says its have been granted a license...
RISD VP of finance taking Oregon job
PROVIDENCE – Rhode Island School of Design’s executive vice president of finance and administration is leaving for a similar job in Oregon.
RISD has announced...
Junior Achievement offering financial education
PROVIDENCE – Junior Achievement has created two new series of free, downloadable teaching tools designed to help both teachers and parents talk to young...
Summer Infant warrants expire
WOONSOCKET – Summer Infant Inc.’s publicly traded warrants (NASDAQ: SUMRW) expired on April 20 at 5 p.m., the Woonsocket-based company has announced.
“The expiration of...
Five Questions With: Alan Doyle
Some finance industry analysts have predicted that there will be a wave of commercial real estate defaults in the coming years as borrowers struggle...
R.I. foreclosure Web site launches
PROVIDENCE – A subscription Web site that will track foreclosure and auction activity throughout Rhode Island officially launched today.
The Web site, RI-Foreclosure.com, boasts...