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BayCoast Bank names Medeiros VP of business development

SWANSEA – BayCoast Bank has named Diane Medeiros as vice president of business development.In addition, Edward “Ted” Branco has been named to fill Medeiros’...
BAYCOAST BANK, one of its Rhode Island branches shown here, is one of the few banks in the area that openly court deposits from marijuana-related businesses. The Swansea, Mass.-based community bank decided to take the step nearly a year ago as more marijuana-related businesses were opening after Massachusetts began licensing recreational marijuana dispensaries, in addition to medical marijuana dispensaries previously legalized in Massachusetts and Rhode Island./COURTESY/BAYCOAST BANK

BayCoast accepts marijuana-industry deposits

Legalizing marijuana is one thing, banking on it is another. At least one bank in the area, however, is venturing into those waters –...

Marijuana businesses need banks

BayCoast Bank is setting a much-needed standard locally with its public acceptance of deposits from businesses in the burgeoning marijuana industry.The Swansea-based bank has...

BayCoast Bank provides $60K to support entrepreneurs

SWANSEA – BayCoast Bank has awarded a $60,000 “challenge grant” to the South Coast Office of Entrepreneurship for All.The money will be paid in...

BayCoast expands 
reach into Ocean State

2019 PBN Fastest Growing Companies: $75M and above 2. BayCoast BankCEO (or equivalent): Nicholas M. Christ 2018 Revenue: $86,110,000 2016 Revenue: $62,219,000 Revenue growth: 38.4%BAYCOAST BANK is...

Report: BofA drops to No. 2 in R.I. market share after...

PROVIDENCE – While other banks’ in-state deposits have remained relatively stable, Bank of America Corp.’s total Rhode Island deposits dropped by $5.4 billion as...

BayCoast Bank to host summit discussing wealth and wellness

SWANSEA – BayCoast Bank plans to host a Wealth and Wellness Summit meeting, an all-day event on Sept. 13 in New Bedford, focusing on...

BayCoast Mortgage expands service

SWANSEA – BayCoast Mortgage Co. LLC has started operating out of BayCoast Bank’s recently developed branch at Cranberry Crescent Plaza at 9 Commerce Way...
WASHINGTON TRUST was named No. 1 in Rhode Island for overall quality at the Banking Choice Awards this year. Above, Washington Trust Chairman and CEO Edward O. Handy III. / PBN FILE PHOTO MICHAEL SALERNO

Washington Trust earns top overall quality honor at Banking Choice Awards

PROVIDENCE – Washington Trust ranked No. 1 for overall quality of a bank in Rhode Island at the 2019 Banking Choice awards, according to...

BayCoast Financial Services names new vice president and financial adviser

NEW BEDFORD – BayCoast Financial Services, a subsidiary of BayCoast Bank, has promoted Michael O’Leary to the position of vice president of BayCoast Bank...
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