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TD Bank appoints commercial market president for R.I., Conn.

PROVIDENCE – TD Bank has appointed Steve Moroney as its commercial market president for Connecticut and Rhode Island. Moroney is based in New Haven,...

Berkshire Bank gives to 107 nonprofits, including several in R.I.

BOSTON – Berkshire Bank, which has four locations in Rhode Island, says its foundation has made $401,190 in philanthropic investments in the first quarter...

After 65 years, Home Loan Investment Bank changes name to Shoreham...

WARWICK – Home Loan Investment Bank FSB says it has changed its name to Shoreham Bank to reflect its expansion of its financial products...

Five Questions With: Anne P. Tangen

Anne P. Tangen joined Fall River-based BankFive as its CEO and president in 2020, continuing a long career in financial services. She served in...

Some Americans have become saddled with credit card debt as rent,...

NEW YORK (AP) – While the U.S. economy is broadly healthy, pockets of Americans have run through their savings and run up their credit card...

FDIC: Citizens, Bank of America see R.I. deposits decline

PROVIDENCE – Citizens Financial Group Inc. and Bank of America Corp. remain the largest banks in Rhode Island by deposits, but the amount of...
NEW DIGS: Bank Rhode Island recently opened this standalone branch on Oaklawn Avenue in Cranston. 
COURTESY BANK RHODE ISLAND/
ARTISTIC IMAGES

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...
RHODE ISLAND has the fourth-lowest share of households in the United States that use brick-and-mortar bank branches, according to a report by Upgraded Points LLC. Pictured is a Centreville Bank branch built in Warwick in 2020. / COURTESY CENTREVILLE BANK

Report: R.I. has 4th-lowest share of households in U.S. that use...

PROVIDENCE – Nearly 80% of Rhode Island residents still use brick-and-mortar banks, according to a recent report by Upgraded Points LLC. Upgraded Points provides information...

Billions stored on digital payment apps may be unprotected, CFPB warns

WASHINGTON – The Consumer Financial Protection Bureau has published a consumer advisory on digital payment apps heavily used by consumers and businesses. A CFPB analysis...
COURTESY SWEETGREEN INC.

Most-read stories on PBN.com, April 2023


1. Sweetgreen opens first R.I. location in Cranston POSTED ONLINE: APRIL 18 National restaurant chain Sweetgreen Inc. opened its first Rhode Island location. The...
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