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BankRI provides $2M to finance Park Terrace acquisition

PROVIDENCE – Bank Rhode Island has finalized a loan of more than $2.2 million to provide financing for a firm to acquire the 83-unit...
PBN PHOTO/DAVE HANSEN

Five Questions With Mark J. Meiklejohn

Mark J. Meiklejohn | President and CEO, Bank Rhode Island 1. What drove Bank Rhode Island’s increased profit this year? Bank Rhode Island is...
DEMYSTIFYING BUSINESS: Taylor Box CEO Dan Shedd and Jeanne D’Agostino, development director for the Highlander Charter School in Providence, have started a business immersion program for students called What is Business. / PBN PHOTO/RUPERT WHITELEY

Five Questions With Dan Shedd

Dan Shedd | CEO, Taylor Box Co. 1. Every year, you teach an enrichment program at Highlander Charter School. What was its catalyst? I was...
BROOKLINE BANCORP., the parent company of Bank Rhode Island, reported net income of $23.2 million in the third quarter, a more than 40 percent improvement on the same 2017 period.

Bank Rhode Island parent reports $23.2M profit in Q3

BOSTON – Brookline Bancorp. Inc. reported net income of $23.2 million for the third quarter, or 28 cents per diluted share, a 43.7 percent...

Report: Bank of America takes lead in bank deposits within Rhode...

PROVIDENCE – Rhode Island consumer banking has become a little less local, as Charlotte, N.C.-based Bank of America now has the most in-state deposits,...

Middle passage marker to spark conversation in Newport

While some places in the American South are coming to grips with their pre-Civil War history by tearing down or moving monuments to people...

BankRI grant supports local students’ business ideas

PROVIDENCE – At the close of the 2017-18 school year, four Highlander Charter School students shared in a total of $2,000 worth of Shark...
FDIC statistics released Thursday show that Rhode Island banks and their counterparts nationwide are having a stellar year, boosting collective profits by 25 percent. / BLOOMBERG NEWS FILE PHOTO/ANDREW HARRER

R.I. banks having a stellar year, FDIC report shows

PROVIDENCE – Bolstered by a large cut in the corporate tax rate, United States banks collectively are on a financial roll, and the nine...

Protect against identity theft

You cannot pick up a newspaper or turn on the television without learning about a data breach that’s affected millions of consumers. This was the...
THE BANK RHODE ISLAND branch at 265 Jefferson Blvd. in Warwick, above, reopened on Feb. 26. The branch was previously located on Centreville Road in Warwick. / COURTESY BANKRI

Bank Rhode Island parent firm reports record quarterly earnings

PROVIDENCE – Brookline Bancorp Inc., the Boston-based parent company of Bank Rhode Island, on Wednesday reported a record $20.8 million profit in the second...
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