Financial Services

CITIZENS BANK reported net income of $439 million in the first quarter, an increase of 13.1% over the same 2018 period. / BLOOMBERG NEWS FILE PHOTO/SCOTT EISEN

Survey: Millennials have different ideas for home equity

PROVIDENCE – Millennials are more creative than older homeowners when it comes to putting home equity lines of credit to use, according to a...

Five Questions With: Alan H. Litwin

In his position at Providence-based Kahn, Litwin, Renza & Co. Ltd., Alan H. Litwin helps lead the largest accounting firm based in Rhode Island. He...

Better Markets applauds Supreme Court decision on liability of fraud

PROVIDENCE – Better Markets, a nonprofit advocating for the public’s interests in financial markets, applauded a new U.S. Supreme Court decision in the case...

Westerly Community Credit Union reports 23% uptick in net income in...

WESTERLY – Net income last year increased 23 percent to $2.1 million at Westerly Community Credit Union over the previous year, the credit union...

FM Global invests $250K in Mass. startup AirWorks Solutions

JOHNSTON – FM Global, one of the world’s largest commercial property insurers, has invested $250,000 in AirWorks Solutions, a Boston-based startup developing aerial-mapping software...

BayCoast donation keeps Fall River Emergency Shelter program running

FALL RIVER – BayCoast Bank donated $11,000 to help the Fall River Emergency Shelter program keep several homeless individuals out of the cold this...
WASHINGTON TRUST BANCORP ranked No. 33 among best-performing community banks with assets between $3 billion and $10 billion in 2018. Above, Washington Trust Chairman and CEO Edward O. Handy III. / PBN FILE PHOTO MICHAEL SALERNO

Report: 2 R.I. community banks among top performing in U.S.

PROVIDENCE – Two Rhode Island financial institutions were named among the best performing community banks and credit unions in the nation by S&P Global...

Five Questions With: Brendan Coughlin

Citizens Bank recently conducted a survey of 1,003 consumers who have a home equity line of credit or are planning to take one out...

Home Loan Investment Bank tops HUD list of nation’s most active...

WARWICK – For the second consecutive year, Home Loan Investment Bank is the nation’s top federal Title 1 home improvement loan lender, the bank...

Five Questions With: Malcolm A. Makin

Malcolm A. Makin founded Professional Planning Group Inc., an independent investment advisory firm in Westerly, in 1975. Through investment banking company Raymond James, Makin...
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