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Citizens awards $177K toward financial literacy for 10 R.I. nonprofits

CENTRAL FALLS – Citizens Financial Group Inc. is awarding $177,000 to 10 Rhode Island nonprofit organizations as part of the Citizens Helping Citizens Manage...
TEST RUN: Jorge Reyes of Providence displays pastries called pastelitos at the Culinary Hub of Providence – CHOP – a workforce training restaurant that’s due to open this spring in the Providence Public Library. Reyes is in the early stages of culinary ­training.
PBN PHOTO/­MICHAEL SALERNO

Building restaurant in Providence library is far from by the book

These days, it’s not so silent in the Providence Public Library. And PPL isn’t unique in that regard – while libraries haven’t completely abandoned quiet...
CITIZENS FINANCIAL Group Inc. reported a profit of $1.61 billion in 2023, a decrease from $2.1 billion a year earlie. / COURTESY HORVATH & TREMBLAY

Citizens Financial’s profit drops 22% for 2023 to $1.61B

PROVIDENCE – Citizens Financial Group Inc.'s annual profit fell 22% to $1.61 billion in 2023 compared with a year earlier as the rising cost...

PBN’s most-read stories of 2023

From multimillion-dollar home sales across the state to high-profile and sometimes controversial real estate developments, corporate leadership shakeups and layoffs, to a sudden bridge...

Citizens invests $600K in statewide workforce development

PROVIDENCE – Citizens Financial Group Inc. on Tuesday announced a $600,000 commitment to local nonprofit and education organizations working to address the growing skills gap and...

Citizens Bank to close wholesale mortgage lending division

PROVIDENCE – Citizens Bank told its broker partners on Nov. 14 that it is closing its wholesale mortgage channel, according to a report by...
NEW DIGS: Bank Rhode Island recently opened this standalone branch on Oaklawn Avenue in Cranston. 
COURTESY BANK RHODE ISLAND/
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Branching out: In digital age, why are R.I. banks building more...

No one would blame Jack Murphy if he’s feeling a little under siege lately. As CEO and president of BankNewport, Murphy considers Aquidneck Island his...

Digital Account Opening for Citizens Business Banking customers now available

PROVIDENCE – Citizens Bank small-business customers can now open sole proprietorship deposit accounts through a new digital self-service channel, the bank announced earlier this...
EARLY START: Citizens Bank employees Johnny Perez, left, assistant vice president and scrum master, and Stephanie Cuevas, social media community manager, both came up through Year Up Inc.’s career development program. 
PBN PHOTO/MICHAEL SALERNO

From city neighborhoods to a career in banking

Johnny Perez never imagined that he’d work for a bank. Now he’s an assistant vice president at Citizens Financial Group Inc. in Providence. Eight years ago,...

R.I. Bankers Association launches ‘Bank Forward’ aimed at diversifying the workforce

PROVIDENCE – The Rhode Island Bankers Association is embarking on a three-year outreach initiative to educate and recruit a diversified workforce.  Known as "Bank Forward:...
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