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FOOD RUN: People’s Credit Union was title sponsor for the Bristol Warren Education Foundation’s 5K/10K Food Truck event May 12.
 / COURTESY PEOPLE’S CREDIT UNION

People’s Credit Union

BEST PLACES TO WORK 2018 7. MIDSIZE COMPANIES | People’s Credit Union Employees in R.I.: 122 CEO and President Ellen N. Ford Questions answered by: Ellen N. Ford What...
HEARTY ATTIRE: Westerly Community Credit Union members dress in red for Go Red for Women dress down day in February.
 / COURTESY WESTERLY COMMUNITY CREDIT UNION

Westerly Community Credit Union

BEST PLACES TO WORK 2018 15. MIDSIZE COMPANIES | Westerly Community Credit Union Employees in R.I.: 65 President and CEO Stephen White Questions answered by: Stephen White What three...
THE BUSINESS DEVELOPMENT CO. issued $3.7 million in new loans in the year ended April 30.

The Business Development Co. reports record year

PROVIDENCE – The Business Development Co. provided a record $3.7 million in loans in the fiscal year ended April 30, with the goal of...
NAVIGANT CREDIT UNION reported $2 billion in total assets and $5 million in net income after the first quarter of the new fiscal year./COURTESY NAVIGANT CREDIT UNION

Almost half of Rhode Island-based credit unions reported 1Q gains in...

PROVIDENCE – Nearly half of Rhode Island-based credit unions saw gains both in total assets and in net income through the first quarter on...
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...
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