Tag: Centreville Bank
Local lenders strapped for capacity as PPP opens to new applicants
PROVIDENCE – The initial surge in applications from small business owners clambering to get their shares of a federal payroll relief program have abated...
Five Questions With: Scott Sheppard
Scott Sheppard is senior vice president of retail banking for Centreville Bank. He previously served five years as Centreville’s vice president of commercial lending...
Magaziner: Lenders shouldn’t turn away ‘orphaned’ businesses from $349B emergency program
PROVIDENCE – R.I. General Treasurer Seth Magaziner is urging Rhode Island banks, credit uniosn and other lenders to stop turning away some small businesses...
Stressed local bankers brace for overwhelming demand for new SBA loans...
PROVIDENCE – Local bankers are expecting an onslaught of demand from struggling small businesses looking to get a piece of the nearly $350 billion...
R.I. banks say they are ready to weather the coronavirus storm
PROVIDENCE – Plunging stock markets. Near-zero interest rates. An economic slowdown, social distancing and self-quarantines. Any one of these alone could spell trouble for...
What bank customers need to know: COVID-19 edition
PROVIDENCE – From reducing branch hours to deferring loan payments, banks across the state and the country are changing practices and policies in response...
United Way, R.I. Foundation create COVID-19 response fund to help nonprofits
PROVIDENCE – In an effort to help nonprofits with direct-service programs impacted by the COVID-19 pandemic, the United Way of Rhode Island and the...
United Way’s upcoming 401Gives Day seeks to raise $1M
PROVIDENCE – The United Way of Rhode Island will launch a statewide campaign early next month to help raise significant funds for nonprofits across...
Magaziner highlights BankLOCAL success
PROVIDENCE – Rhode Island’s BankLOCAL program has offered 348 small-business loans and moved $37.5 million in cash deposits to state banks and credit unions...
Centreville Bank to open Providence loan office
WEST WARWICK – Centreville Bank is expanding to Providence.
The local bank recently announced plans to open a commercial loan office at 66 South Main...
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