Monday, February 17, 2025

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UMass Dartmouth receives $75K from BayCoast Bank to promote educational attainment

DARTMOUTH – The University of Massachusetts Dartmouth has received a $75,000 grant from BayCoast Bank to fund the university’s college and career awareness initiatives. Among...
PROMISING PATH: Keishla Aponte, a participant in Year Up’s business operations job training program, was hired by BankFive and now works at its Customer Contact Center in Fall River.
PBN PHOTO/RUPERT WHITELEY

BANKING ON DIVERSITY: Collaboration changing faces of industry

Nationally, banking was long known as a white-male-dominated industry. But Rhode Island is taking steps to change that with BankForward, an initiative that aims...

UMass Dartmouth students complete offshore wind training program

DARTMOUTH – A cohort of University of Massachusetts Dartmouth students have completed offshore wind training offered under a publicly funded workforce training initiative, the...
CASH-ONLY CROP: Some of the products for sale at the cannabis retail store called Mother Earth Wellness in Pawtucket. Despite the Biden administration’s move to recategorize cannabis as a less-dangerous controlled drug on the federal level, it won’t do much to persuade banks to enter the sector. 
PBN FILE PHOTO/MICHAEL SALERNO

Pot regulation proposal leaves banking problem

The Biden administration’s move to reclassify marijuana as a less-dangerous controlled drug was hailed as a monumental step in reshaping national policy. But it...
CREDIT ­ISSUES: Spencer Blier, left, CEO and founder of Mammoth Inc., one of Rhode Island’s licensed cannabis cultivators, in his facility with one of the Mammoth technicians. Because the federal government has not legalized cannabis, banking services and credit card processing are difficult to come by for businesses in the industry. 
PBN FILE PHOTO/MICHAEL SALERNO

Credit card restrictions curbing cannabis sector

People’s Credit Union CEO and President Sean Daly says major credit card companies and financial institutions remain cautious about entering the legal cannabis industry,...

BayCoast Mortgage promotes Nicholas L. Christ to CEO and president

SWANSEA – Full-service lender BayCoast Mortgage Co. LLC recently announced the promotion of Nicholas L. Christ, of Fall River, as CEO and president. Christ will...
ONE SOUTHCOAST CHAMBER of Commerce has relocated its New Bedford office into the former New Bedford Standard-Times building at 25 Elm St. / COURTESY GOOGLE INC.

One SouthCoast Chamber moves New Bedford office to former Standard-Times building

NEW BEDFORD – One SouthCoast Chamber of Commerce has a new home within the city – and in a location familiar to local journalism. The...

Thrive Behavioral Health welcomes three new board members

WARWICK – Thrive Behavioral Health has announced it has appointed Sharlyn Martinez, Judith Drew and Yonatan de la Cruz to its board of directors. Beginning...
Jim Wallace

Wallace receives Outstanding Citizen Award from One SouthCoast Chamber

JIM WALLACE, executive vice president and chief operating officer for BayCoast Bank, was recently presented with the Roger Valcourt Outstanding Citizen Award by the...

BayCoast Bank’s Brouthers receives Emerging Leader Award from ABA

SWANSEA – Casey Brouthers, vice president, associate general counsel for BayCoast Bank, has received the 2023 Emerging Leader Award from the American Bankers Association,...
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