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HAL HORVAT is president and chief operating officer at Centreville Bank in West Warwick. / COURTESY CENTREVILLE BANK

Five Questions With: Hal Horvat

Hal Horvat is executive vice president and chief lending and retail officer at Centreville Bank. The West Warwick-based bank was recently recognized for having...
CITIZENS BANK MAINTAINED its status as the bank with the largest percentage of deposits in the region, according to the latest FDIC data. /PBN FILE PHOTO/NICOLE DOTZENROD

Citizens Bank grows share of deposits in the region

PROVIDENCE –Citizens Bank N.A. cemented its position as the bank in the region with the highest market share of deposits on June 30, according...
The U.S. Small Business Administration supported loans worth $89.9 million to local businesses in the fiscal year ended Sept. 30.

SBA reports FY2017 loan decline in R.I., as Citizens leads lenders

PROVIDENCE – The U.S. Small Business Administration supported loans totaling $89.9 million to Rhode Island businesses in the fiscal year that ended Sept. 30,...
ANDY POSNER IS THE founder and CEO of Capital Good Fund, a nonprofit financial institution that provides residents with small personal loans and car loans. /COURTESY CAPITAL GOOD FUND

Five Questions With: Andy Posner

Andy Posner is the founder and CEO of Capital Good Fund, a nonprofit financial institution that provides residents with small personal loans and car...
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

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

Centreville Bank Appoints Stephen P. Higginbotham to Board of Trustees

Centreville Bank announces that Stephen P. Higginbotham has been elected to the Bank’s Board of Trustees. Higginbotham brings more than 35 years of banking experience...
HAROLD HORVAT IS executive vice president and chief lending and retail officer at Centreville Bank. /COURTESY CENTREVILLE BANK

Five Questions With: Harold Horvat

Harold Horvat is executive vice president and chief lending and retail officer at Centreville Bank. He talks with Providence Business News about how the...

Centreville Bank Names Craig Schermerhorn Vice President, Commercial Lending

Centreville Bank announces that Craig E. Schermerhorn, of Lincoln, R.I., has joined the company as Vice President, Commercial Lending. He brings more than 30...

Centreville Bank Elects Ned McCrory to Board of Trustees

Centreville Bank announces that Ned McCrory, CPA, was elected to the Bank’s Board of Trustees in April. McCrory, a resident of Wickford, R.I., is...
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

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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