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WEBSTER BANK has entered into an agreement to sell six branches, including a branch in Westerly, to United Bank.

Westerly location among 6 Webster branches sold to United Bank

WESTERLY – Webster Bank N.A. of Waterbury, Conn., has entered into an agreement to sell six bank branches to United Bank of Hartford, Conn.,...
CITIZENS BANK reported net income of $312.8 million in the first quarter of 2018, a 16.7 percent increase over the same 2017 period. / BLOOMBERG FILE PHOTO/KELVIN MA

FDIC: Banks in region saw increases in 1Q earnings

PROVIDENCE – Twenty-five with branches in Rhode Island and Bristol County, Mass., saw year-over-year net income increases in the first quarter of 2018, while...
OBSTACLE JUMPER: Lisa Dandeneau, chief operating officer of Navigant Credit Union, meets with Eliza Lavergne, vice president, project management, at the credit union’s Smithfield office. / PBN PHOTO/RUPERT WHITELEY

Dadeneau safeguards Navigant’s values through expansion

CHIEF OPERATING OFFICER | Lisa Dandeneau, Navigant Credit Union“It’s not just work. It’s very much a work-life balance,” said Lisa Dandeneau, of her job...
ADAPTING INDUSTRY: As consumer expectations for online banking grow with advancing technology, banks and credit unions must find ways to adapt to those expectations while keeping costs down.

PBN on WJAR-TV, April 16, 2018

Every week, PBN Editor Mark S. Murphy appears on WJAR-TV NBC 10’s Coffee Break to discuss the newspaper’s most recent cover story and other...
JOHN R. CIULLA is the first CEO of Webster Bank who is not a member of the Smith family. / COURTESY WEBSTER BANK

Five Questions With: John R. Ciulla

When John R. Ciulla became CEO of Webster Bank at the beginning of 2018, he was just the third chief executive in the bank’s...
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

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

Trump tax cuts bail out Wall Street banks from trading malaise

Republican tax cuts are saving the day for Wall Street banks.The sweeping tax overhaul means billions of dollars in profit will materialize from thin...
WEBSTER FINANCIAL CORP. is the parent company of Webster Bank, which is based in Connecticut. The company saw its 33rd consecutive quarter of year-over-year revenue growth in the fourth quarter of 2017. / PBN FILE PHOTO

Webster reports Q4, 2017 profit growth

PROVIDENCE – Webster Financial Corp. on Tuesday reported 2017 profit increased 23.3 percent to $255.4 million, or $2.67 per diluted share, compared with $207.1...

Big U.S. banks slashed 8,000 more jobs before tax-cut windfall

SEATTLE – America’s biggest banks just spent a week regaling shareholders about brighter days ahead, when tax cuts add billions of dollars to the...

Going mobile

Do you use a mobile device to work while away from the office or your computer? Yes 100% No 0% Sometimes 0%Which of the following does your...
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