Monday, October 18, 2021

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BofA posts nearly $8B Q3 profit

PROVIDENCE - Bank of America Corp. on Thursday reported third-quarter earnings of $7.7 billion.  The earnings represent a 57.6% increase over the $4.9 billion profit...

Newsweek names Bank of America and Washington Trust best R.I. banks

PROVIDENCE – Bank of America Corp. and The Washington Trust Co. were recognized as the state’s best banks by Newsweek. The magazine in its recently...

Bank of America reports increased usage of digital services

PROVIDENCE – Online and mobile banking continues to grow in popularity at Bank of America Corp., with 85% of deposit transitions made through digital...

Five Questions With: Paul Anghinetti

Paul Anghinetti was recently named market executive for Bank of America Private Bank, a subsidiary of Bank of America Corp., in Rhode Island and...

Shelly Orsi

2021 40 Under Forty Awards Shelly Orsi | 39 | Senior Vice President, Client and Business Management Executive, Bank of America Corp. What is the...

Most-read stories on PBN.com, June 2021

1. SBA to release names, funding amounts for second round PPP POSTED ONLINE: JUNE 10. Recipients who received their share of the $1 billion...
CASH FLOW: Russell Morrill of Westerly uses an ATM at The Washington Trust Co. branch in Westerly recently. Banks and credit unions are expecting to see a decline in the size of deposits as the COVID-19 crisis passes. / PBN PHOTO/ELIZABETH GRAHAM

As new deposits slow, bank strategies evolve

The billions of dollars doled out in forgivable small-business loans and personal stimulus checks made their way to recipients through their bank accounts. The result:...

J.D. Power: Citizens ranks in top 5 New England retail banks...

PROVIDENCE – Rhode Island-based Citizens Bank ranked No. 5 for customer satisfaction among retail banks in New England, according to a new report from...

BofA names Kevin Tracy new Rhode Island president

PROVIDENCE – Bank of America Corp. has named Kevin Tracy the new leader of its Rhode Island market, according to an announcement Wednesday. Tracy will...
COURTESY BANK OF AMERICA CORP.

Bank of America provides funds, leadership training for nonprofits

VITAL SUPPORT: Bank of America Corp. awarded two Rhode Island nonprofits $200,000 each in grant funding, as well as a year of leadership training...

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