Citizens pledges $10M to workforce development initiatives
PROVIDENCE – Citizens Financial Group Inc. says it will provide $10 million over the next two years to support workforce development programs in the...
Webster issues $100K grants for Finance Labs
STAMFORD, Conn. – Webster Bank is expanding its Finance Lab collaborations with three new partners – including the Boys & Girls Clubs of Providence...
United Way of R.I. elects Fernandez as new board chair
PROVIDENCE – Paola Fernandez, Centreville Bank’s senior vice president and community development officer, has been elected as the new chairperson of the United Way...
Citizens hires new chief accounting officer
PROVIDENCE – Citizens Financial Group Inc. has appointed a new chief accounting officer and corporate controller replacing Jack Read, who resigned on Aug. 7...
Federal Reserve cuts interest rates half-point
WASHINGTON (AP) – The Federal Reserve on Wednesday cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years...
WalletHub: R.I. remains 8th-lowest state for quarterly credit card debt increases
PROVIDENCE – Rhode Island is eighth among the states with the lowest credit card debt increases for the second-straight year, according to a report...
Bank of America raises its minimum wage to $24 an hour
CHARLOTTE, N.C. – Bank of America Corp. says it has raised its U.S. minimum hourly wage to $24 per hour, the latest step in...
Navigant makes changes to fee policy on overdrafting accounts
SMITHFIELD – Navigant Credit Union, the state's largest credit union, says it has eliminated or reduced the fees for overdrafting accounts.
The new fee structure...
BankNewport seeks donations of hygiene products for needy
NEWPORT – BankNewport has kicked off its “Kind Heart Fresh Start” campaign to benefit Warwick-based nonprofit Amenity Aid, Rhode Island’s only "hygiene bank," providing...
CEO of health insurer Point32Health resigns
PROVIDENCE – Point32Health Co. is now seeking a new CEO.
The Canton, Mass.-based nonprofit health insurer and combined entity of Tufts Health Plan and Harvard...
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