Financial Services

Zillow predicts housing market slowdown in 2020

PROVIDENCE – The economy in the United States could be on the verge of a recession, with many experts polled by online real estate...

Report: Citizens, BCSB named top charitable contributors in Mass.

PROVIDENCE – Citizens Bank of Providence and Bristol County Savings Bank of Taunton have been named among the top charitable contributors in Massachusetts by...

Report: BofA drops to No. 2 in R.I. market share after...

PROVIDENCE – While other banks’ in-state deposits have remained relatively stable, Bank of America Corp.’s total Rhode Island deposits dropped by $5.4 billion as...
As blumshapiro’s industry leader for its construction and real estate group, Luke Ebersold has significant responsibilities. But his move to Rhode Island has given him personal satisfaction, as well as exposure 
to the state’s workforce-
development programs.  / PBN PHOTO/DAVE HANSEN

Responsive government helps develop workforce in way industry needs

Luke Ebersold | Blum, Shapiro & Co. PC Rhode Island managing partnerEven though I’ve spent the last several years living and working in Connecticut,...

Pawtucket Credit Union adds 2 industry veterans to management team

PAWTUCKET – Pawtucket Credit Union, Rhode Island’s largest credit union, has hired Maria Botelho as vice president of commercial lending and John Scott as...
RHODE ISLAND banking institutions' assets increased 29% year over year at the end of the second quarter. / BLOOMBERG NEWS FILE PHOTO/ANDREW HARRER

FDIC: R.I. banking assets increase 29% Y/Y in Q2

PROVIDENCE – Rhode Island banking institution assets increased 28.9% year over year to $174.1 billion in the second quarter of 2019, according to the...
KENT HOSPITAL FEDERAL CREDIT UNION, located at Kent Hospital in Warwick, will become of the larger Navigant Credit Union under a merger agreement announced Wednesday. / COURTESY KENT HOSPITAL

Navigant Credit Union and Kent Hospital Federal Credit Union to merge

SMITHFIELD – Navigant Credit Union and Kent Hospital Federal Credit Union announced Wednesday the two institutions are merging.“From a technical standpoint, we’re purchasing the...
CITIZENS BANK has established a "West Region" operation to grow its corporate banking business in the western United States. / BLOOMBERG NEWS FILE PHOTO/KELVIN MA

Citizens Bank creates “West Region” operation to grow corporate business in...

PROVIDENCE – Citizens Bank announced Wednesday it has established a “West Region” commercial banking operation to expand its corporate banking capabilities in the western...

BankNewport forms new marine lending division following acquisitions

NEWPORT – BankNewport is expanding its “marine lending” business with the formation of OceanPoint Marine Lending, a new division of the bank.Over the past...

Five Questions With: Solanchy Rodriguez

Solanchy Rodriguez is the manager of JPMorgan Chase & Co.’s first consumer banking branch in Rhode Island, located at 234 Thayer St., near Brown...
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