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Wednesday, May 23, 2018

Financial Services

Bristol County Savings Bank VP receives leadership award

MICHELE ROBERTS, executive vice president and community affairs officer for Bristol County Savings Bank, recently received the Sandra J. Pattie Distinguished Leadership Award at...

Should you change your company’s entity structure?

Lower tax rates under the recently enacted federal tax overhaul in 2017 may have you considering changing your entity structure. However, determining the structure...
THE R.I. DEPARTMENT OF LABOR and Training reported that the state's unemployment rate remained at 4.5 percent while 900 jobs were added month to month and 5,600 jobs year over year. / COURTESY RIDLT

Unemployment holds steady at 4.5 percent as job additions shine in...

PROVIDENCE – While the seasonally adjusted unemployment rate remained unchanged at 4.5 percent in April, 900 jobs were added in the state since March,...
THE U.S. EAST region ranked No. 10 on the 2018 Resilience Index compiled by FM Global. Above, a screenshot of the index's interactive online tool. / COURTESY FM GLOBAL

U.S. East ranks in top 10 of FM Global 2018 Resilience...

JOHNSTON – The United States East region, which includes eastern U.S. coastal states from Texas to Maine, scored an 88.6 out of 100, ranking...
CITIZENS FINANCIAL GROUP announced that it will launch Citizens Access, a direct-to-consumer digital platform in the third quarter of 2018, offering FDIC-insured deposit products that will be separate from Citizens Bank. / BLOOMBERG FILE PHOTO/TY WRIGHT

Citizens to launch online-only digital deposit platform Citizens Access

PROVIDENCE – Citizens Financial Group Inc. will launch a nationwide direct-to-consumer digital platform called Citizens Access, an online-only platform offering Federal Deposit Insurance Corp.-insured...
THE SOUTH EASTERN Economic Development Corp. loaned $132,800 to P&A African Market, which allowed the store providing African foods and goods to relocate to a building at 855 Newport Ave. in Pawtucket. / COURTESY SEED

Economic-development group loans $132,800 to P&A African Market

PAWTUCKET – A nonprofit community lender has made a small-business loan of $132,800 to a 12-year-old market in Pawtucket that serves shoppers looking for...
CARMELINA BORSELLINO is vice president and chief engineer at FM Global, where she is responsible for ensuring the loss prevention solutions the commercial and industrial property insurer provides its policyholders are cost-effective and reliable. / COURTESY FM GLOBAL

Five Questions With: Carmelina Borsellino

Carmelina Borsellino is vice president and chief engineer at FM Global, one of the world’s largest commercial and industrial property insurers. Prior to her...
COMPARED TO WHEN they were traditionally employed, the majority of self-employed women say they make as much or more money, have more work-life balance, are healthier and are less stressed about work. / COURTESY FRESHBOOKS

Study: Self-employed women still earn less than male peers

PROVIDENCE – A new study on women in the workplace finds that up to 13 million women could quit their traditional jobs over the...
HARBORONE BANK AND North Easton Savings Bank received positive grades from the Federal Deposit Insurance Corp. during recent evaluations for compliance with the Community Reinvestment Act.

HarborOne, North Easton Savings Bank score well on CRA compliance

PROVIDENCE – Two banks operating in southeastern Massachusetts received positive grades from the Federal Deposit Insurance Corp. during recent evaluations for compliance with the...
CREDIT CARD USE and serious delinquencies both rose in the first quarter of 2018 compared with Q1 2017, according to TransUnion's Q1 2018 Industry Insights Report. / BLOOMBERG FILE PHOTO/DAVID PAUL MORRIS

TransUnion: Credit card usage, delinquency rates rise in Q1 2018

PROVIDENCE – Credit card use and serious delinquencies both rose in the first quarter of 2018 compared with Q1 2017, but experts said delinquencies...
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