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TWO-PRONGED APPROACH: Greg ­Germanowski, vice president and information security officer at Centreville Bank, said when it comes to cybersecurity, the bank relies on external partners for back-end systems and digital platforms, while maintaining internal oversight.
PBN PHOTO/­MICHAEL SALERNO

Cybersecurity more than just a line item for small community banks...

For Rhode Island’s banks, cybersecurity is no longer just a back-office function or a line item on a spreadsheet – it’s core to the...

U.S. economy grows at 1.4% rate in the fourth quarter, slower...

WASHINGTON (AP) – U.S. economic growth slowed in the final three months of last year, dragged down by the six-week shutdown of the federal...

New Year’s Day: Retailers are open but government, banks closed

While schools, government and banks are closed on New Year's Day, most major retailers across the U.S. will be open, with many offering discounts...

In homebuying, winning bid may bring a curse

In today’s hot housing market, winning a bidding war can feel like a triumph. But my research shows it often comes with a catch:...

Citizens CEO received 20% pay bump in 2024 despite drop in...

PROVIDENCE – The CEO of Citizens Financial Group Inc. received a 20% increase in pay last year, despite a dip in percentage of shareholder...
TALKING IT OUT: Sean Daly, center, People’s Credit Union CEO and president, meets with members of his staff at the credit union’s headquarters in Middletown. With Daly is Denise Cole, left, and Cassandra Camara. People’s is among the Rhode Island credit unions that have seen a drop in yearly net income in 2023 and 2024 because of the interest rate environment. 
PBN PHOTO/DAVID HANSEN

A TIGHT SQUEEZE: R.I. credit unions trying to shake off drastic...

It’s times like these that Kathleen C. Orovitz is probably glad she runs a credit union instead of a bank. She’s the CEO and president...

Banks drop prime interest rates to 7.75%

PROVIDENCE – Most major banks have reduced their prime lending rates by a quarter-point recently to match the Federal Reserve's decision to cut its...

Stocks and bitcoin jump after Trump’s victory. So do worries about...

NEW YORK (AP) – The U.S. stock market, Elon Musk's Tesla, banks and bitcoin are all storming higher Wednesday as investors bet on what...

R.I. feels effects of global technology outage

WARWICK – A global technology outage grounded flights around the world, including at Rhode Island T.F. Green International Airport, knocked banks and hospital systems...

Five Questions With: Schuyler Weiss

Schuyler Weiss, a Barrington native, has come back home. Weiss, who moved to Switzerland to earn his MBA and then established a Swiss digital private bank...
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