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CITIZENS BANK of Providence moved up to score the highest financial rating from BauerFinancial Inc., as did Bank of America and Webster Bank. / BLOOMBERG NEWS FILE PHOTO/KELVIN MA

Bauer upgrades ratings of BofA, Citizens Bank

PROVIDENCE – Rhode Island’s two largest consumer banks – Bank of America N.A. and Citizens Bank N.A. – improved their financial strength ratings, according...

Report: Credit unions improve financial standing in 2018

PROVIDENCE – Citing recently released data from the National Credit Union Association, BauerFinancial Inc. reported credit unions had a mostly positive year in 2018,...

BauerFinancial: U.S. consumer debt exceeds 2008 peak

PROVIDENCE – Consumer debt has grown to more than $13.5 trillion nationwide, exceeding the 2008 peak by $869 billion and more than 21 percent...

R.I. banks and credit unions fare well in latest BauerFinancial...

PROVIDENCE – Nearly all banks and credit unions operating in the Rhode Island consumer market received 4 or 5 stars – the two highest...
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