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Customers Bank Hires Ashley Ricard as AVP, Portfolio Manager Commercial Banking,...

Customers Bank, a top 100 national bank with nearly $20 billion in assets, hired Ashley Ricard as AVP, Portfolio Manager/Commercial Banking, New England; based...

Customers Bank hires Jason Carosi

Customers Bank, a digital and fintech-forward top 100 bank with nearly $20 billion in assets, hired Jason Carosi as SVP, Senior Relationship Manager, Commercial...

Magaziner highlights BankLOCAL success

PROVIDENCE – Rhode Island’s BankLOCAL program has offered 348 small-business loans and moved $37.5 million in cash deposits to state banks and credit unions...

BankNewport, Freedom National Bank join R.I.’s Bank Local program

PROVIDENCE – BankNewport and Freedom National Bank have joined General Treasurer Seth Magaziner’s Bank Local program, an initiative that incentivizes banks and credit unions...

Customers Bancorp reports near-level quarterly earnings, awaits BankMobile spinoff

PROVIDENCE – Customers Bancorp Inc., the parent company of the branchless digital bank BankMobile, reported a net income of $20 million for the second...
THE CUSTOMERS BANCORP board of directors has declared a quarterly cash dividend on several fixed-to-floating-rate noncumulative perpetual preferred stocks, payable on June 15 to shareholders of record on May 31.

Customers Bancorp declares quarterly cash dividend on preferred stocks

PROVIDENCE – The board of directors of Customers Bancorp Inc. has declared a quarterly cash dividend on several fixed-to-floating-rate noncumulative perpetual preferred stocks as...
CUSTOMERS BANK was recently named a top minority lender by the Pennsylvania Housing Finance Agency, which has offices in Rhode Island.

Customers Bank named top minority lender

PROVIDENCE – Customers Bank was recently named a top minority lender by the Pennsylvania Housing Finance Agency. The Pennsylvania-based bank, with offices in Rhode Island,...
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...
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