Bank Rhode Island - Page 22 of 23 - Providence Business News

FOR THE 20TH YEAR, Bank Rhode Island’s annual Holiday Giving Tree program has helped to brighten the season for underprivileged children, providing more than 1,500 gifts to kids across the state. The bank’s West Shore Road branch in Warwick led the charge, collecting 296 gifts for children served by the Boys & Girls Clubs of Warwick. From left: Monique Rossi, Boys & Girls Clubs of Warwick; Lori Lepizzera, Buttonwoods assistant branch manager, BankRI; Alexander Jackson, universal banker, BankRI; Ashley Wilson, senior teller, BankRI; Paula Pratt, Buttonwoods branch manager, BankRI; Christopher Metcalf, teller supervisor, BankRI; and Nicole Spirito, Boys & Girls Clubs of Warwick, with gifts earmarked for local children. / COURTESY BANK RHODE ISLAND

BankRI celebrates 20th year of Holiday Giving Tree program

Nonprofit 12/29/2017

PROVIDENCE – This year Bank Rhode Island celebrated the 20th anniversary of its Holiday Giving Tree program by donating more than 1,500 gifts to...

THE FEDERAL HOME Loan Bank of Boston recently announced it partnered with BankNewport and Bank Rhode Island to provide $1.8 million in grants and loans to support affordable housing in the Ocean State.

FHLB provides $1.8M for affordable housing in Rhode Island

Financial Services 12/26/2017

PROVIDENCE – The Federal Home Loan Bank of Boston last week announced it provided $1.8 million in grants and loans to support affordable housing...

THE URBAN GREENS Food Co-op grocery store will be one of two buildings as part of a mixed-use construction project at 93 Cranston St. in Providence, which recently received a $4.5 million loan from Bank Rhode Island to finance the project. / RENDERING COURTESY URBAN GREENS

Bank Rhode Island makes $4.5M loan for mixed-use project in Providence

Financial Services 11/21/2017

PROVIDENCE – Bank Rhode Island recently made a $4.5 million loan to help finance a 41,375-square-foot mixed-use construction project in Providence. The bank made the...

CITIZENS BANK MAINTAINED its status as the bank with the largest percentage of deposits in the region, according to the latest FDIC data. /PBN FILE PHOTO/NICOLE DOTZENROD

Citizens Bank grows share of deposits in the region

Financial Services 10/24/2017

PROVIDENCE –Citizens Bank N.A. cemented its position as the bank in the region with the highest market share of deposits on June 30, according...

BROOKLINE BANCORP.Brookline Bancorp Inc., parent of Bank Rhode Island, has agreed to pay $56 million to acquire First Commons Bank.

Bank Rhode Island parent to acquire Massachusetts bank for $56M

Economic Activity 09/21/2017

BOSTON – Brookline Bancorp Inc., parent of Bank Rhode Island, has agreed to pay $56 million for a Massachusetts bank, a move it projects...

GENERAL TREASURER Seth Magaziner, left, celebrates moving $15 million in state deposits to local banks and credit unions at Budare Grille in Central Falls in August./ COURTESY R.I OFFICE OF THE GENERAL TREASURER

Rhode Island moves $15M in deposits to local banks, credit unions

Economic Activity 08/16/2017

PROVIDENCE – The state has moved $15 million in deposits to local banks and credit unions as part of an initiative to spur small-business...

BANK RHODE ISLAND MADE a $3.4 million loan to help turn this building, at 259 Weybosset St., in downtown Providence, into six residential apartment units. /COURTESY BANK RHODE ISLAND

BankRI helps finance downtown apartment project with $3M loan

Financial Services 08/01/2017

PROVIDENCE – Bank Rhode Island made a $3.4 million loan to help turn a downtown Providence building into apartments. The loan, made with Weybosset LLC,...

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.

BankRI parent, Brookline Bancorp, reports 2Q profit increase to $15.6M

Financial Services 07/19/2017

BOSTON – Brookline Bancorp Inc. on Wednesday reported second-quarter profit grew 16.9 percent to $15.6 million, or 20 cents per diluted share, compared with $13.4...

Sophia Academy announces new board members

Education 06/30/2017

PROVIDENCE – During its closing-of-the-year meeting, Sophia Academy bid farewell to three outgoing board members and welcomed six new members for the 2017-2018 fiscal...