Friday, May 24, 2024

TOPICS

Financial Services

BankFive announces 2024 President’s Scholarship recipients

FALL RIVER – Lylah Thibeault and Luke Coelho are the recipients of the BankFive President's Scholarship Fund, BankFive and the SouthCoast Community Foundation recently...

House committee to vet McKee proposals to amend bank tax, purchase...

PROVIDENCE – The House Committee on Finance on Thursday questioned administration officials over two budget amendments proposed by Gov. Daniel J. McKee that if...

Long-term mortgage rates retreat for second straight week

The average rate on a 30-year mortgage in the U.S. fell for the second straight week, giving some relief to home shoppers already facing...

Citizens Bank commercial space in East Providence eyed for state offices

The R.I. Department of Administration is looking to acquire a 210,000-square foot building in East Providence from Citizens Bank for use as state offices. Built...

Citizens gives $500K for tech center at new affordable housing developments

PROVIDENCE – Citizens Financial Group Inc. recently provided $500,000 to build a technology center at the 79-unit Joseph Caffey Apartments and Jordan Caffey Townhomes,...

Hyde promoted to senior vice president and head of marketing at...

NEWPORT – Jennifer Hyde has been promoted to senior vice president and head of marketing at BankNewport, the bank announced. Hyde will oversee the planning,...

Berkshire Bank gives to 107 nonprofits, including several in R.I.

BOSTON – Berkshire Bank, which has four locations in Rhode Island, says its foundation has made $401,190 in philanthropic investments in the first quarter...

People’s Credit Union donates $1,000 to North Kingstown Food Pantry

PROVIDENCE – People’s Credit Union has donated $1,000 to the North Kingstown Food Pantry in support of its commitment to creating a community where...

Are U.S. interest rates high enough to beat inflation? The Fed...

WASHINGTON (AP) – The sharp interest rate hikes of the past two years will likely take longer than previously expected to bring down inflation, several...

BankNewport reports $136.7M in revenue for 2023, up 29.5% from a...

NEWPORT – OceanPoint Financial Partners, the mutual holding company for BankNewport, ended 2023 with a record $2.68 billion in assets and $2.14 billion in...
- Featured Event -

Latest News