Tuesday, August 25, 2026

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Citizens Bank to pay $9M penalty for unlawful credit card servicing

PROVIDENCE – Without admitting fault, Citizens Bank on Tuesday agreed to pay $9 million to settle allegations of failing to properly manage and respond...

Don’t panic: R.I. business leaders advise caution, planning

PROVIDENCE – Business leaders in Rhode Island are urging caution and careful planning as the nation braces itself for a recession, interest rates continue...
THE TIKTOK LOGO is omnipresent on teenagers' phones. A recent study sponsored by Citizens Financial Group Inc. in conjunction with Junior Achievement found that 40% of teenagers are considering becoming social media influencers.

Bank-sponsored study: 40% of teens considering career as influencer

PROVIDENCE – Forty percent of teens say they are considering a career as a social media influencer, aspiring to become tomorrow’s pitchmen – chattering,...

O’Donnell nominated to serve on R.I. Commerce Corp. board

PROVIDENCE – Carol O’Donnell, who has more than 34 years of experience in the construction and sales industries, on Monday was nominated by Gov....

Citizens Financial Group posts $511M profit in Q1

PROVIDENCE – Citizens Financial Group Inc. saw its profits increase 21% compared with a year ago, ending the first quarter with $511 million in earnings,...

Citizens Bank’s empowerment effort contributes $147K to 11 R.I. nonprofits

PROVIDENCE – Citizens Bank is providing a total of $147,500 through its Citizens Helping Citizens Manage Money program to be distributed among 11 nonprofit...
SCUBA SESSION: Brady Watson, center background, dive master with Dive On It Scuba, teaches members of Boy Scout 
Troop 44 of Walpole, Mass., in the pool at Cumberland High School. From left are Danny Federer; his father, Chris Federer; and Mike Ahlfont.
PBN PHOTO/MICHAEL SALERNO

Fontaine-Trainor turns newfound scuba passion into second career

To say Allison Fontaine-Trainor was a reluctant scuba diver is an understatement. The Rhode Island native grew up avoiding the beach and refused to put...
IMPROVED FORMULA? Joseph Baptista, president of Anchor Financial Mortgage Inc. in Pawtucket, says the Federal Housing Finance Agency’s plan to change the way risk-based fees are applied to home loans seems logical.
PBN PHOTO/­MICHAEL SALERNO

Changes in mortgage fee structure may shake up industry

Charging higher fees to a borrower who makes less money and has more debt has historically been the best way for mortgage lenders to...

Citizens Bank won’t say how many customers affected by technical glitch

PROVIDENCE – Citizens Bank is keeping mum on the details of the glitch that caused some customers to be double-charged for purchases, and have...

Citizens Bank launches Zelle for its small-business customers

PROVIDENCE – Citizens Bank small-business customers can now send and receive digital payments in real time. The bank recently announced the launch of Zelle for...
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