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BankRI President Meiklejohn moves to parent company, Tsonos named new R.I....

PROVIDENCE – Bank Rhode Island’s president is moving up to the bank’s parent company, while another C-suite leader will take over the Rhode Island...

Santander strikes deal with Rocket Mortgage after ending home loan business

PROVIDENCE – Santander Bank N.A. is teaming up with Rocket Mortgage under a recently announced partnership, according to a news release. Under the deal, the...

Citizens wants to make NYC its next ‘home run’

PROVIDENCE – Citizens Financial Group Inc. has its eyes set on the Big Apple and is hoping to make the New York City metropolitan...

Santander increases minimum hourly wage to $20

PROVIDENCE – Santander Holdings USA Inc. has increased its minimum wage to $20 per hour, the company announced in a news release. The wage hike,...

HarborOne Bank earns ‘Outstanding’ rating for community lending, service

PROVIDENCE – HarborOne Bancorp Inc., the parent company for HarborOne Bank, received the highest possible federal rating for its compliance with the Community Investment...

FDIC: Year-end bank revenue down 36.5% in U.S. in 2020

PROVIDENCE – While financial institutions recovered somewhat from the initial blow dealt by COVID-19, year-end profits were still down compared with the year before,...

Centreville, Bank of America named best R.I. banks by Newsweek

PROVIDENCE – Centreville Bank and Bank of America Corp. were recently recognized by Newsweek as the best small and big bank, respectively, in Rhode...

Caution in PPP loan spending bolsters Washington Trust Q3 deposits

WESTERLY – The Washington Trust Co. continues to see deposits increase, in part due to federal forgivable payroll loans that some recipients still haven’t...

Rockland Trust receives ‘Outstanding’ federal rating for community activity

PROVIDENCE – Rockland Trust received an “outstanding” rating by the Federal Deposit Insurance Corp. and Mass. Division of Banks in a recent evaluation of...

FDIC: R.I. banks and credit unions outperform national counterparts on key...

PROVIDENCE – Banks and credit unions continue to report major losses through the second quarter, although Rhode Island fares better than its national counterparts...
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