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CITIZENS BANK of Providence moved up to score the highest financial rating from BauerFinancial Inc., as did Bank of America and Webster Bank. / BLOOMBERG NEWS FILE PHOTO/KELVIN MA

Bauer upgrades ratings of BofA, Citizens Bank

PROVIDENCE – Rhode Island’s two largest consumer banks – Bank of America N.A. and Citizens Bank N.A. – improved their financial strength ratings, according...

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...
IMPROVED PERFORMANCE: Stephen J. White, president and CEO of Westerly Community Credit Union, said the credit union’s net worth has improved since 2011 and it has had “very low delinquency” on loans in recent years.
 / PBN PHOTO/MICHAEL SALERNO

Strong ratings for banks, credit unions

Looking down the federal government’s list of failed banks since 2000, it’s hard to believe there was ever a banking crisis in New England...
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