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Magaziner highlights BankLOCAL success

PROVIDENCE – Rhode Island’s BankLOCAL program has offered 348 small-business loans and moved $37.5 million in cash deposits to state banks and credit unions...

R.I. injects $10M into small-business loan program

PROVIDENCE – The state is injecting a fresh infusion of $10 million into the Small Business Loan Program known as BankLOCAL, which incentivizes local...

BankLocal boosting small businesses

Hey mister, can you spare a few thousand dollars? The answer from local banks often is “yes,” under R.I. General Treasurer Seth Magaziner’s BankLocal...

Five Questions With: Seth Magaziner

Seth Magaziner, a Democrat, is beginning his second four-year term as Rhode Island’s general treasurer after defeating Republican challenger Michael G. Riley in last...

Magaziner expands state lending incentives to include veteran-owned businesses

PROVIDENCE – The state’s BankLocal program, which incentivizes community banks and credit unions to lend to designated types of small businesses, is being expanded...
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

Magaziner receives national recognition for BankLocal program

PROVIDENCE – Rhode Island General Treasurer Seth Magaziner has received national recognition for his BankLocal program, which incentivizes financial institutions to make loans with...

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