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LESS THAN 5 percent of homeowners with home equity loans knew about the removal of interest deductions as part of the new tax law, according to a new survey by LendEdu.com, an online marketplace for student loan refinancing.

Survey: Confusion about tax law impact on home equity loans

PROVIDENCE – Less than 5 percent of homeowners with home equity loans knew about the removal of interest deductions as part of the new...
CITIZENS BANK has launched a new student loan refinancing product, which allows parents and co-signers to consolidate and refinance student debt while their children are still in school.

Citizens offers new student loan refinancing product for parents

PROVIDENCE – Citizens Bank has launched a new student loan refinancing product specifically designed for parents.The loan, dubbed the Citizens Bank Refinance Loan for...
RENDERINGS OF A REDEVELOPED Lippitt Mill in West Warwick. / COURTESY COMMERCE RI

Lippitt Mill renovations receive $9M in Citizens funding

PROVIDENCE - Citizens Bank's Community Development Group awarded a $9 million tax-exempt bond Monday to the Pawtucket Development Group LLC for its renovation of...
AN INTERIOR RENDERING of the new 420,000-square-foot Citizens Financial Group Inc. corporate campus in Johnston. The facility is on schedule to be completed in time for employees to start working there in August. / COURTESY CITIZENS BANK

Citizens campus in Johnston on schedule for August opening

JOHNSTON – Citizens Financial Group Inc. is on schedule to complete its 420,000-square-foot campus in time for employees to start working there in August.Chairman...
CITIZENS BANK is a wholly owned subsidiary of Providence-based Citizens Financial Group Inc. The bank posted net income of $1.7 billion in 2017, a 58.1 percent increase on its 2016 performance. / BLOOMBERG FILE PHOTO/KELVIN MA

Buoyed by new tax law, Citizens increases profit in 4Q and...

PROVIDENCE – Buoyed by a $331 million after-tax benefit from the new tax law, Citizens Financial Group Inc. on Friday reported 2017 profit increasing...
BETH JOHNSON, chief marketing officer and head of virtual channels at Citizens Bank, says adding the Zelle payment system will allow the bank "to deliver a convenient, user-friendly [person-to-person] payments experience" to its customers. / COURTESY CITIZENS BANK

Citizens adds Zelle payment system to its offerings

PROVIDENCE – Citizens Bank continues to add new technology to its suite of offerings, announcing this month the integration of a new person-to-person payment...
FLEXIBLE DOLLARS: David Caprio, president of Children’s Friend, a nonprofit social service and education agency in Providence, speaks to the kids at Friendship Center. Caprio says although individual and corporate donations make up less than 10 percent of the nonprofit’s budget, those are its most flexible dollars. / PBN PHOTO/MICHAEL SALERNO

Nonprofits wary of tax law’s impact on giving

For nonprofits that solicit individual and corporate donations, one of the potential pitfalls of the new federal tax law is the doubling of the...
FROM LEFT, DAVID CAPRIO, president and CEO of Children’s Friend, poses with Barbara Cottam, chairman of the Citizens Charitable Foundation, and Bruce Van Saun, chairman and CEO of Citizens Bank, at a recent event, where a $35,000 grant was presented from Citizens Charitable Foundation to Children’s Friend. / COURTESY CITIZENS CHARITABLE FOUNDATION

Children’s Friend receives $35K grant from Citizens Charitable Foundation

PROVIDENCE – In a mid-December vote, Citizens Bank employees chose to donate $35,000 raised by the company’s employee base to Children’s Friend via the...
CITIZENS BANK is a wholly owned subsidiary of Providence-based Citizens Financial Group Inc. The bank posted net income of $1.7 billion in 2017, a 58.1 percent increase on its 2016 performance. / BLOOMBERG FILE PHOTO/KELVIN MA

Citizens Bank rewards employees, charity in wake of tax reform

PROVIDENCE – Standing to gain hundreds of millions of dollars in the wake of tax reform, Citizens Financial Group Inc. is sharing some of...
CITIZENS BANK provided $25 million in working capital to Sea-3 LLC, a New Hampshire-based wholesale storage and distribution terminal operator of liquefied petroleum gas.

Citizens Bank provides $25M for N.H. LPG company

PROVIDENCE – Citizens Bank this month provided $25 million in working capital to a New Hampshire-based liquefied petroleum gas company.The credit facility was provided...
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