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BankRI kicks off annual statewide summer food drive

PROVIDENCE – Bank Rhode Island kicked off its annual summer food drive on July 7 as food insecurity continues to increase across the Ocean...

Washington Trust named Rhode Island’s Best-In-State Bank for 2025 by Forbes

WESTERLY – The Washington Trust Co. has been recognized as Rhode Island’s Best-In-State Bank for 2025 by Forbes, the bank announced on June 24. This...

BankRI awards $102,650 in grant funding to Rhode Island nonprofits

PROVIDENCE – Bank Rhode Island awarded $102,650 in grant money to 38 nonprofit organizations across the state, the bank announced on Monday. The bank’s latest...
CHANGE COMING? Visa Inc.. and Mastercard Inc. dominate credit card payment processing, but a bill in Congress is aiming to change that with the hope of reducing fees for merchants. 
AP FILE PHOTO/STEVE HELBER

Credit card legislation has banks up in arms

A legislative move to increase competition in the credit card payment network – dominated by Visa Inc. and Mastercard Inc. – is facing severe...

BankRI partners with PCF Development on workshop for first-time homebuyers

PROVIDENCE – Bank Rhode Island and Pawtucket Central Falls Development will be hosting a free, virtual workshop for first-time homebuyers on June 17 to...

BankRI names Kervin vice president as part of franchise banking expansion

PROVIDENCE – Bank Rhode Island has appointed Gregory Kervin as vice president and commercial lender as a part a larger effort to expand its...

Shekarchi: Big R.I. employers Amica and FM eye relief from state’s...

PROVIDENCE – House Speaker K. Joseph Shekarchi on Thursday said two major employers are seeking regulatory relief on investments as lawmakers wrestle with proposals to...

Eastern Bank parent enters agreement to acquire HarborOne in $490M deal...

PROVIDENCE – Eastern Bankshares Inc., the holding company of Eastern Bank, has entered into a merger agreement with HarborOne Bancorp Inc., the holding company...
DEVELOPING SITUATION: About 7 acres of land in the I-195 Redevelopment District remain available for build-out. The 195 District Park on the west side of the Providence River, seen above, will remain open space – except for a 3,500-square-foot food and beverage pavilion under construction near the center of the park. 
PBN PHOTO/ARTISTIC IMAGES

CAUTION ZONE? As I-195 district projects proceed, economic factors have some...

Developer D+P Real Estate Inc. toiled for years on plans for a six-story, 240,000-square-foot, mixed-use building along Interstate 195 in Providence that would have...
BROOKLINE BANCORP, the parent company of Bank Rhode Island, posted their first-quarter earnings statement on Wednesday. / COURTESY OF BROOKLINE BANKCORP

Bank Rhode Island’s parent company Q1 profit up 30%

BOSTON – Brookline Bancorp Inc., the parent company of Bank Rhode Island, reported a net income of $19.1 million in the first quarter of...
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