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Beacon Bank awards more than $600K to local nonprofits

PROVIDENCE – Beacon Bank and its foundation provided more than $600,000 in charitable funding during the second quarter to more than 180 nonprofit organizations...

Bussey named president, interim chief operations officer of Capital Good Fund

PROVIDENCE – Alisha Bussey, who has been with the Capital Good Fund for seven years, has been promoted to president and interim chief operations...
GOOD OR BAD IDEA? President Donald Trump has proposed capping annual percentage rates for credit cards at 10%, but some in the financial services industry think such a move could have a negative ripple effect.
AP FILE PHOTO/STEVE HELBER

Banks, airlines wary of credit card interest cap

When President Donald Trump announced earlier this year that he planned to order credit card companies to cap the annual percentage rate at 10%...

BankNewport grant supports financial, health coaching for 10 R.I. families 

NEWPORT – BankNewport has awarded a $10,000 grant to the Capital Good Fund to support its Financial and Health Coaching Program, which will assist...

BankRI awards $102,650 in grant funding to Rhode Island nonprofits

PROVIDENCE – Bank Rhode Island awarded $102,650 in grant money to 38 nonprofit organizations across the state, the bank announced on Monday. The bank’s latest...

Capital Good Fund launches low-cost home improvement loan program

PROVIDENCE – The Capital Good Fund, a Rhode Island-based nonprofit alternative to predatory payday loans, has launched a new loan program for Massachusetts and...

Capital Good Fund gets $1M investment from First Citizens Bank

PROVIDENCE – The Capital Good Fund, a nonprofit that offers loans to low- and moderate-income families, has received a $1 million investment from First...

Capital Good Fund exceeds $40M loan mark in its 15th year

PROVIDENCE – Capital Good Fund, a nonprofit Community Development Financial Institution lender serving low- and moderate-income families, recently celebrated its 15th anniversary. The Providence-based organization...

Capital Good Fund launches solar leasing pilot program for homeowners in...

PROVIDENCE – Capital Good Fund has launched its Georgia Building, Renewables, Investing in Green, Healthy, Thriving Communities, or Georgia BRIGHT, pilot solar leasing program...
BATTLE TESTED: ­Margaux Morisseau, co-chair of the Rhode Island Coalition for Payday Reform, has been fighting against payday lenders and the lobbyists for years, and she feels the momentum is swinging her group’s way now. 
PBN PHOTO/­MICHAEL SALERNO

Activists won’t abandon payday lending fight

It has not been a lucky year for Georgina Paulino. The Westerly resident’s partner was injured and is out of work. The care of...
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