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R.I. GENERAL TREASURER Seth Magaziner penned a letter to Rhode Island's lenders, urging them to process Paycheck Protection Program loan applications for all qualified small businesses in Rhode Island, not just for existing customers. / PBN FILE PHOTO/MICHAEL SALERNO

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...

Five Questions With: Vinay Jha

Vinay Jha is executive vice president and chief data officer for Citizens Bank. Prior to joining Citizens, Jha served as senior vice president and...
CITIZENS BANK is making $5 million available for small businesses and community partners in response to the effects of COVID-19.

Citizens Bank commits $5M to local communities, small businesses for COVID-19...

PROVIDENCE – Citizens Bank has made available $5 million in commitments to support businesses and communities affected by COVID-19, the bank announced Tuesday. The funds...

Redevelopment of Citizens Bank Building site in Providence draws an appeal

PROVIDENCE – The proposed redevelopment of the historical Citizens Bank Building site in Providence is being challenged by a collection of nonprofits and community-development...
ADDED BENEFIT: Luis Melo, a chef in the campus cafeteria at the Citizens Bank headquarters complex in Johnston, takes pizza out of the oven. The oven is one of several amenities the bank has included at the campus to help retain current employees and recruit new ones. / PBN PHOTO/MIKE SKORSKI

In banking industry, tasty perks part of recruitment

Amid record-low unemployment levels, competition posed by Boston and New York, and a rapidly aging workforce, Rhode Island financial institutions are searching for the...
FINANCIAL COUNSELOR: Isabel Rodriguez is the director of financial coaching at Capital Good Fund in Providence. She estimates more than half of the company’s clients that are seeking financial counseling have student loans. / PBN PHOTO/MIKE SKORSKI

More borrowers seek to refinance student loans

The Federal Reserve interest-rate cuts last year did more than encourage homeowners to refinance their mortgages. It has people who are paying back student...

SBA: Citizens, BankNewport top list of lenders to R.I. small...

PROVIDENCE – Citizens Bank was the top lender to Rhode Island small businesses through the U.S. Small Business Administration’s 7a loan program from Oct....

Skills for Rhode Island’s Future to receive $1.5M grant to aid...

JOHNSTON – A local nonprofit that helps connect individuals to employers for job opportunities will see its high-school internship program receive a significant financial...

Survey: Citizens lags big banks on customer banking advice satisfaction

PROVIDENCE – Big banks’ digital advice offerings make them more popular with customers than their regional bank counterparts, including Rhode Island-based Citizens Bank. This was...

Citizens, WJAR-TV seek environmental nonprofit applicants for champion award

PROVIDENCE – Citizens Bank and WJAR-TV NBC 10 are seeking nonprofit applicants with a focus on environmental stewardship for their 2020 Champions in Action...

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R.I. sees three more COVID-19 deaths; cases total 1,229 | CVS to launch COVID-19 testing site at Twin River, doubling state’s capacity