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GENERAL TREASURER Seth Magaziner, left, celebrates moving $15 million in state deposits to local banks and credit unions at Budare Grille in Central Falls in August./ COURTESY R.I OFFICE OF THE GENERAL TREASURER

Rhode Island moves $15M in deposits to local banks, credit unions

Economic Activity 08/16/2017

PROVIDENCE – The state has moved $15 million in deposits to local banks and credit unions as part of an initiative to spur small-business...

BRISTOL COUNTY SAVINGS BANK officials and New Bedford Mayor Jon Mitchell participate in the ceremonial groundbreaking of the bank's third New Bedford branch, offices of which will be located in the Candleworks building (background). Pictured, from left, are: Michael Patacao, vice president/commercial lending; Len Sullivan, first executive vice president and senior loan officer; Pete Selley, senior vice president/commercial lending; Patrick J. Murray Jr., president and CEO; Mitchell; Dennis Kelly, chairman of the board; Nancy Cabral, branch manager; and David Medeiros, vice president, regional banking officer. /COURTESY BRISTOL COUNTY SAVINGS BANK

Bristol County Savings Bank to open 3rd New Bedford office

Economic Activity 07/18/2017

NEW BEDFORD – Bristol County Savings Bank last week announced plans to open its third office in New Bedford. The new banking space would include...

PATRICK J. MURRAY JR., president of Bristol County Savings Bank, was recently reappointed to the Massachusetts Bankers Association board of directors. /COURTESY BRISTOL COUNTY SAVINGS BANK

Massachusetts Bankers Association elects new board of directors

Financial Services 07/11/2017

BOSTON – The Massachusetts Bankers Association last week elected nine executives to serve on its board of directors, including the reappointment of Patrick J....

Bristol County Savings Bank reports 2016 profit totaled $14M

Economic Activity 05/23/2017

TAUNTON – Bristol County Savings Bank reported 2016 profit grew 6.4 percent to $14.6 million, while assets increased 8 percent to $1.9 billion, according...

BDC CAPITOL ANNOUNCED 14 participating lenders for their R.I. Commerce Corp. backed CAP loan program for small businesses.

BDC Capital announces 14 lenders for CAP loan program

Economic Activity 05/17/2017

PROVIDENCE - Fourteen financial institutions have been recruited by BDC Capital Corp. to partner in the Capital Assistance Program, according to a BDC Capital...

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