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BAUER FINANCIAL has released its most recent ratings of the financial strength of local banks and credit unions.

Several local banks receive top financial strength rating from Bauer Financial

PROVIDENCE – Nine local banks and 24 local credit unions were recognized with five-star ratings by Bauer Financial, according to the company this week. An...

Five Questions With: Paola N. Fernandez

Paola N. Fernandez is vice president of community development at Centreville Bank. She’s responsible for building, planning and implementing initiatives that increase community engagement,...

Bank donates food baskets to help feed families at Thanksgiving

WEST WARWICK – Centreville Bank concluded its annual Thanksgiving food drive and collected enough items for 21 gift baskets, the bank announced. Each of the...

Centreville Bank encourages everyone to give to annual Toys for...

WEST WARWICK – Centreville Bank opened its 16th annual Toys for Tots campaign this week. From now through Dec. 7 the bank hopes to collect hundreds...

Laura Johnson Joins Centreville Bank as Vice President, Residential Lending

Laura Johnson of Norwood, MA, has been named vice president of residential lending. Johnson is responsible for the leadership and strategic direction of the...
EDWARD M. LAKE is vice president and director of commercial services and government banking at Centreville Bank. / COURTESY CENTREVILLE BANK

Five Questions With: Edward M. Lake

Edward M. Lake was recently named the new vice president and director of commercial services and government banking at Centreville Bank. His career began...

Centreville Bank to acquire Putnam Bank for $115.5M

WEST WARWICK – Centreville Bank will acquire Connecticut-based Putnam Bank for $115.5 million under a merger agreement between the two companies announced Tuesday. The acquisition,...

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...
RHODE ISLAND banking institutions' assets increased 29% year over year at the end of the second quarter. / BLOOMBERG NEWS FILE PHOTO/ANDREW HARRER

FDIC: R.I. banking assets increase 29% Y/Y in Q2

PROVIDENCE – Rhode Island banking institution assets increased 28.9% year over year to $174.1 billion in the second quarter of 2019, according to the...

Edward Lake & Robert Hannon Join Centreville Bank in Commercial Banking

Centreville Bank President, Chief Executive Officer and Chairman, Harold M. Horvat, today announced that Edward M. Lake has been named vice president, director-commercial services...
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