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BankNewport grant supports emergency aid for Newport County households

NEWPORT – BankNewport has awarded a $5,000 grant to the St. Vincent de Paul Society’s St. Joseph Conference to support emergency financial assistance for...
FEDERAL CHANGE: Citizens Bank, the state’s largest nationally chartered bank, and other national banks could see some benefit from a new rule issued by federal regulator Office of the Comptroller of the Currency on mortgage escrow accounts. 
COURTESY CITIZENS FINANCIAL GROUP INC.

New federal escrow rule could cloud mortgage market


For thousands of Rhode Island homeowners, the outcome of a legal fight over mortgage escrow accounts could determine whether money they set aside for...

BankNewport’s Vitality Wellness Program checks all the boxes

PBN Healthiest Employers Awards 2026 100-499 EMPLOYEES 3. BankNewport CEO (or equivalent): Jack Murphy, CEO and president Full-time U.S. employees: 305 BankNewport’s Vitality Wellness Program offers a personalized...

Groove-Pin, Centreville Bank, South County Health, Amica Mutual and CBIZ named...

PROVIDENCE – Groov-Pin Corp., Centreville Bank, South County Health, Amica Mutual Insurance Co. and CBIZ were the top companies recognized Thursday during Providence Business...

Washington Trust wins 2026 R.I. Community’s Choice Award

WESTERLY – The Washington Trust Co. has been named the first-place winner among banks in the finance category of the 2026 Rhode Island Community’s...
MOVING IN: 
Construction worker Fabiola Roman installs drywall at a new Bank Rhode Island branch in Newport in 2023. The bank is now called Beacon Bank. Several smaller banks expanded their branch networks in Rhode Island over the last five years, while bigger financial institutions shuttered some of their branches. 
PBN FILE PHOTO/DAVID HANSEN

Banks adjust as borrowing costs climb

In early 2022, Rhode Island’s banks were still operating in an environment defined by abundant liquidity and historically low interest rates. COVID-19 pandemic-era stimulus programs...

PBN unveils 2026 Healthiest Employers of Rhode Island

PROVIDENCE – Twenty-seven organizations have been named as honorees in Providence Business News’ 2026 Healthiest Employers of Rhode Island Awards program. All the honorees for...
Bed, bank and beyond: BankNewport employees participate in a charity program to build beds for children.  
COURTESY BANKNEWPORT

BankNewport


PBN Best Places to Work 2026 Awards LARGE COMPANIES #6. BankNewport Employees in R.I.: 326 CEO and president Jack Murphy Questions answered by Alexandra Pelison, assistant vice president...
NEW NEIGHBOR: Centreville Bank is preparing to move into the Lauderdale Building on Westminster Street in downtown Providence, a few doors down from Chase Bank and The Washington Trust Co. 
PBN PHOTO/WILLIAM HAMILTON

Banks doubling down on downtown branches

Bristol County Savings Bank cut the ribbon on its new full-service branch at 5 Exchange St. in downtown Providence in March, placing another community...
HELPING HAND: Lindsey Ricci, a real estate agent at eXp Realty LLC, says the RI AnchorHome program gives prospective homebuyers an extra boost in securing financing. 
PBN PHOTO/MICHAEL SALERNO  

R.I. treasury deposits fuel lower mortgage costs

Rhode Island’s real estate landscape, with rising home prices and limited availability, is pushing the dream of homeownership out of reach for many residents. In...
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