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CASH BONUS: The Washington Trust Co. said it was able to provide employees with one-time cash bonuses in January as a result of a reduction in its corporate taxes. Patricia Fernandez, left, professional flex banker at Washington Trust on Waterman Street in Providence, speaks with customer Nina Pratt of Providence.
 / PBN PHOTO/MICHAEL SALERNO

Banks say tax reform allowed for increased spending on staff, infrastructure

Many banks in Rhode Island and elsewhere have showered employees with pay raises and bonuses since President Donald Trump and fellow Republicans in Congress...
MARY E. LEACH is the executive vice president, director of consumer relationships for BankNewport. / COURTESY BANKNEWPORT

Five Questions with: Mary E. Leach

Mary E. Leach is the executive vice president, director of consumer relationships for BankNewport.At BankNewport in Middletown, Leach is responsible for overseeing all aspects...
FDIC statistics released Thursday show that Rhode Island banks and their counterparts nationwide are having a stellar year, boosting collective profits by 25 percent. / BLOOMBERG NEWS FILE PHOTO/ANDREW HARRER

R.I. banks having a stellar year, FDIC report shows

PROVIDENCE – Bolstered by a large cut in the corporate tax rate, United States banks collectively are on a financial roll, and the nine...

BankNewport named to Forbes 2018 Best-In-State financial institutions list

PROVIDENCE – BankNewport, based in Middletown, was the only Rhode Island-based bank to be named to Forbes magazine’s 2018 “Best-In-State” rankings for financial institutions.Five banks...
OPEN FOR BUSINESS: Guests mingle and converse at the new BankNewport branch on Dorrance Street in Providence during the open house event June 26 celebrating the branch’s grand opening. The branch replaced the former AAA branch with a full redesign, replacing the teller counter with pod stations for customer seating, making the space more open. The full-service branch also includes two indoor personal teller machines. / After photos: PBN PHOTOS/JAMES BESSETTE

BankNewport repurposes former AAA branch to open first Providence bank location

BankNewport branch | 55 Dorrance St., Providence Building owner: Vince GeoffroyBuilding tenants: BankNewport; Dorrance Street Property Management; Adler, Cohen, Harvey, Wakeman and Guekguezian LLP;...
CASUAL CAUSE: BankNewport employees recently presented donations totaling $500 to the Potter League for Animals. / COURTESY BANKNEWPORT

BankNewport

BEST PLACES TO WORK 2018 3. LARGE COMPANIES | BankNewport Employees in R.I.: 252 CEO and President Sandra J. Pattie Questions answered by: Carolyn Odell, HR generalist/officerWhat three...
SOME TOURISM LEADERS in the state believe that ATM-use data could help the industry better understand who is visiting Rhode Island. / BLOOMBERG FILE PHOTO/DANIEL TEPPER

Can data on ATM use aid tourism?

Although in his 29th year in the Newport tourism industry, Evan Smith is constantly looking for an edge to increase his understanding of who...
A RENDERING SHOWS what BankNewport's first Providence branch will look like when completed, located at 55 Dorrance St. and slated to open later this month. / COURTESY BANKNEWPORT

BankNewport prepares to open first Providence branch

PROVIDENCE – BankNewport plans to open its first Providence branch, to be located at 55 Dorrance St. in the city’s Financial District, in late...
PBN FILE PHOTO/MICHAEL SALERNO

Hurdles are only as high as you make them

Let me begin by congratulating all of today’s honorees on your outstanding achievements. I would also like to congratulate past honorees on your success....

People are what pay off

Ten years ago, PBN inaugurated its Business Women Awards luncheon, and it remains one of our most enjoyable events. The energy of the year’s...
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PROVIDENCE BUSINESS NEWS has named 52 honorees in its 2018 Best Places To Work competition.

PROVIDENCE BUSINESS NEWS:

52 OF THE BEST PLACES TO WORK IN RHODE ISLAND!

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