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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...
BANKNEWPORT has acquired Offshore Financial Corp. to operate as its marine-financing division./COURTESY OF BANKNEWPORT

BankNewport balances digital, brick and mortar services

FASTEST GROWING COMPANIES | $25M-$75M | 5TH PLACEAs one of the oldest mutual savings banks in the United States, BankNewport has successfully balanced its...
THE FEDERAL Deposit Insurance Corp. tracks banking statistics for all financial institutions it insures. / PBN FILE PHOTO

R.I. banks’ Q1 profit more than double national average

PROVIDENCE – Rhode Island banks grew 2017 first-quarter profit at a faster clip than its peers nationwide, according to data released by the Federal...
FINANCIAL ASSISTANCE: Roxana Mercado, right, financial-coaching fellow at Capital Good Fund in Providence, meets with her client, Gloria Orjuela of Providence. / PBN PHOTO/
MICHAEL SALERNO

R.I. has the highest percentage of poor people in New England....

Gloria Orjuela, a 53-year-old Providence resident, is disabled and living on supplemental-security income.Originally from Colombia, Orjuela has lived in the United States for 27...
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