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BankNewport reports $136.7M in revenue for 2023, up 29.5% from a...

NEWPORT – OceanPoint Financial Partners, the mutual holding company for BankNewport, ended 2023 with a record $2.68 billion in assets and $2.14 billion in...

June pause in rate hikes would be close call for Fed...

WASHINGTON (AP) – Federal Reserve officials were divided earlier this month on whether to pause their interest rate hikes at their upcoming meeting in...

McKee standing firm on taxing PPP loans

PROVIDENCE – Gov. Daniel J. McKee is standing firm on his commitment to taxing Paycheck Protection Program loans greater than $150,000. McKee made his position...
THE BUSINESS DEVELOPMENT CO. issued $3.7 million in new loans in the year ended April 30.

The Business Development Co. reports record year

PROVIDENCE – The Business Development Co. provided a record $3.7 million in loans in the fiscal year ended April 30, with the goal of...
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