Bank Rhode Island - Page 21 of 23 - Providence Business News

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

Financial Services 07/25/2018

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...

KEYNOTE SPEAKER: Soomi Ro, chief of the field procurement service for the United Nations’ Procurement Division, will be the keynote speaker at the procurement seminar at Bryant University July 17.  / COURTESY SOOMI RO

Editor’s Choice: Doing business with United Nations

Subscriber Only 07/13/2018

EDITOR’S CHOICE Doing business with United Nations BRYANT UNIVERSITY, in conjunction with R.I. Commerce Corp., will host a United Nations procurement seminar, titled “Doing Business...

BANK RHODE ISLAND has provided $17 million in financing for a group of residential real estate properties in the northeast corner of Providence County.

BankRI provides $17M loan for residential units north of Providence

Financial Services 07/10/2018

PROVIDENCE – The commercial real estate division of Bank Rhode Island has closed a $17 million loan to RISSPORT II LLC to assist in...

BANK RHODE ISLAND staff, volunteers and representatives from Books Are Wings with the more than 3,200 children’s books collected during the bank’s eighth annual book drive. Held throughout March in recognition of national reading awareness month, the effort has now generated more than 17,500 books since its inception in 2011. / COURTESY BANKRI

Bank Rhode Island donates 3,252 books to Books Are Wings

Financial Services 04/13/2018

PROVIDENCE – During its eighth annual monthlong book drive in March, customers and staff of Bank Rhode Island’s 20 in-state branches donated more than...

BANK RHODE ISLAND has provided $8.2 million in financing for the Eagle Apartment complex in Lincoln. / COURTESY BANK RHODE ISLAND

Bank Rhode Island provides $8.2M for Lincoln apartment complex

Financial Services 04/03/2018

LINCOLN – Bank Rhode Island last week provided $8.2 million in financing for the Eagle Apartment complex in Lincoln. The refinancing package was made with...

Bank Rhode Island reopens branch in Warwick

Financial Services 03/20/2018

WARWICK – Bank Rhode Island has officially reopened one of its branches at a new location on Jefferson Boulevard in Warwick. The new branch, which...

KEB BRACKENBURY is senior vice president and director of commercial real estate lending at Bank Rhode Island. / COURTESY BANK RHODE ISLAND

Five Questions With: Keb Brackenbury

Financial Services 03/06/2018

Keb Brackenbury is senior vice president and director of commercial real estate lending at Bank Rhode Island. He talks with Providence Business News about...

BUILDING EQUITY: Steven Parente, senior vice president and director of retail banking for Bank Rhode Island, says the loss of the interest deduction for home equity loans is not expected to impact the volume or interest in such loans, as more people are expected to take the increased standard deduction in 2018. / PBN PHOTO/RUPERT WHITELEY

Lenders still touting home equity loans

Financial Services 03/02/2018

The new federal tax code eliminated an interest cost deduction that helped to make home equity a popular source for borrowing. But the loss of...

BANK RHODE ISLAND recently provided $1.6 million to help Newport Development Associates LLC to purchase a retail property, above, at 144 Thames St. in Newport. / COURTESY BANK RHODE ISLAND

Bank Rhode Island provides $1.6M for purchase of Newport building

Financial Services 02/06/2018

NEWPORT – Bank Rhode Island recently provided $1.6 million to help finance the purchase of a retail property in Newport. The loan was made with...

BOSTON-BASED BROOKLINE BANCORP, parent of Bank Rhode Island, reported fourth-quarter and full-year earnings that were negatively impacted by the federal tax overhaul.

Brookline Bancorp 2017, 4Q profit fall after new tax law

Financial Services 02/01/2018

BOSTON – Brookline Bancorp Inc. suffered a $9 million noncash charge on deferred tax assets stemming from the federal tax overhaul, depressing both full-year...

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