Tag: Federal Deposit Insurance Corp.
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...
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...
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...
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...
FDIC recommends overhauling U.S. insurance deposit system
NEW YORK (AP) – The Federal Deposit Insurance Corp. is recommending the U.S. rethink its decades-old policy of insuring up to $250,000 in bank...
BankRI to open new branches in Newport, Cranston by summer
PROVIDENCE – Bank Rhode Island is planning to expand its footprint in Rhode Island with the opening of two new branches by the coming...
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