Tag: Fdic
Some banks falter, but not special-needs trusts
Recent bank failures have caused many individuals and organizations to worry about the security of their funds held in banks. Many retirees and others...
Five Questions With: Michael Ice
Michael Ice is an associate teaching professor at the University of Rhode Island’s College of Business Administration with more than 30 years of experience...
FDIC: 16 banks within R.I., Bristol County, Mass., report profit increases...
PROVIDENCE – Sixteen banks that operate in Rhode Island and Bristol County, Mass., reported increases in third quarter year-to-date profit from 2018, while seven...
FDIC: R.I. banking assets increase 29% Y/Y in Q2
PROVIDENCE – Rhode Island banking institution assets increased 28.9% year over year to $174.1 billion in the second quarter of 2019, according to the...
FDIC: Local banks see profit grow 38% in 2018
PROVIDENCE – More than 20 banks with branches located in Rhode Island and Bristol County, Mass., reported year-over-year increases in net income at the...
Some banking regulatory requirements easing
A decade after the financial crisis, the banking industry appears to be in great shape. Profits are way up and some of the regulatory...
R.I. banks having a stellar year, FDIC report shows
PROVIDENCE – Bolstered by a large cut in the corporate tax rate, United States banks collectively are on a financial roll, and the nine...
FDIC: Banks in region saw increases in 1Q earnings
PROVIDENCE – Twenty-five with branches in Rhode Island and Bristol County, Mass., saw year-over-year net income increases in the first quarter of 2018, while...
Citizens Bank grows share of deposits in the region
PROVIDENCE –Citizens Bank N.A. cemented its position as the bank in the region with the highest market share of deposits on June 30, according...
R.I. banks’ Q1 profit more than double national average
PROVIDENCE – Rhode Island banks grew 2017 first-quarter profit at a faster clip than its peers nationwide, according to data released by the Federal...
