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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...

Ex-R.I. state senator sentenced to 2 years in prison for bank...

PROVIDENCE – Former state senator and businessman James E. Doyle II, 47, of Pawtucket, was sentenced Friday to two years in federal prison for...
RHODE ISLAND CREDIT UNION and Alliance Blackstone Valley Federal Credit Union have announced plans to merge.

RI Credit Union and Alliance Blackstone Valley Federal Credit Union announce...

PROVIDENCE – Rhode Island Credit Union and Alliance Blackstone Valley Federal Credit Union have reached a merger agreement, the credit unions announced Friday.The merger...
JAMES E. DOYLE II has pleaded guilty to 31 counts of bank fraud and one count each of filing a false tax return and failing to file a tax return for a check-kiting scheme that lasted from 2013 to 2016. / COURTESY WJAR-TV NBC 10

Doyle pleads guilty to bank fraud, tax crimes

PROVIDENCE – Little more than a month after being charged by the federal government with 31 counts of bank fraud and one count each...
NAVIGANT CREDIT UNION reported $2 billion in total assets and $5 million in net income after the first quarter of the new fiscal year./COURTESY NAVIGANT CREDIT UNION

Almost half of Rhode Island-based credit unions reported 1Q gains in...

PROVIDENCE – Nearly half of Rhode Island-based credit unions saw gains both in total assets and in net income through the first quarter on...
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