Financial Services

CEOs can only be as good as their C-Suite allows them...

Who are the highest-performing CEOs? The ones with the best people around them, in other words, the best C-Suite.For instance, without having a workforce...
BANK RHODE ISLAND's parent company posted net income of $22.5 million in the first quarter, a 15.9% increase from the same quarter a year ago.

Bank RI parent posts 16% Q1 profit

PROVIDENCE – The parent company of Bank Rhode Island reported Wednesday that net income for the first quarter rose 15.9% from the same period...
SAVINGS INSTITUTE BANK & TRUST CO.’S Rhode Island branches, including this one on Old Tower Hill Road in South Kingstown, are now part of Boston-based Berkshire Hills Bancorp through an acquisition agreement. / PBN FILE PHOTO/JAMES BESSETTE

Savings Institute Bank to be acquired by Berkshire Hills pending approval

PROVIDENCE – Boston-based Berkshire Hills Bancorp’s $180 million acquisition of Savings Institute Bank & Trust Co., including its Rhode Island operations, is expected to...

Five Questions With: Stephen J. White

Stephen J. White has held the position of president and CEO of Westerly Community Credit Union for the last 19 of his 39 years...

Survey: Bank branches main channel for Americans seeking loans, advisers

PROVIDENCE – Research undertaken by GlobalData, a London-based data and analytics company, shows that United States banks should limit branch closures despite the growth...

R.I. Infrastructure Bank finances new round of wastewater projects

PROVIDENCE – Rhode Island Infrastructure Bank is providing $47.3 million in financing for wastewater, sewer and stormwater projects for the Narragansett Bay Commission and...

SBA to host ‘matchmaker’ event for food-related entrepreneurs, lenders

WARREN – The U.S. Small Business Administration will host a “matchmaker” event on Tuesday, April 30, for small businesses in food-related industries to meet...
WESTERLY-BASED WASHINGTON TRUST Bancorp posted net income of $17.5 million in the first quarter, driven by an increase in loans, the bank reported Monday.

WashTrust reports 8% profit growth

WESTERLY – The Washington Trust Co.’s parent company reported Monday a 7.9% increase in net income in the first quarter from a year earlier....

Butler Hospital receives $15K grant from Northwestern Mutual

EAST GREENWICH – A $15,000 grant from Northwestern Mutual will go to Butler Hospital on behalf of a Northwestern Mutual financial adviser.Michael Matone, a...
NEW APPLICATIONS are being accepted for the Wavemaker Fellowship program, which helps STEM and design professionals defray student-loan debts.

Got student debt? Commerce RI accepting new applications for Wavemaker Fellowship

PROVIDENCE – The state’s Wavemaker Fellowship program that provides recent college graduates working in science, technology, engineering and mathematics fields with student-loan reimbursement is...
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