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STILL GOING STRONG: John Bellone, owner of The Breezeway Resort, The Hotel Maria, pictured, and Maria’s Seaside Cafe in Westerly, says in his 50 years as a customer of The Washington Trust Co., he’s never deferred a loan payment and has continued to meet monthly payments for the mortgages on his commercial properties throughout the pandemic, thanks to a strong business in a limited season. / PBN PHOTO/MICHAEL SALERNO

Banks on higher alert for credit weakness

In his 50 years as a customer of The Washington Trust Co., John Bellone has never deferred a loan payment. Not through the 2008...
TOP VIEW: John Ballone, owner of The Hotel Maria, on the highest level of the structure under construction alongside Misquamicut Beach in Westerly designed to avoid the effects of ocean flooding by being elevated well above sea level. The Atlantic Ocean can be seen in the background. / PBN PHOTO/
BRIAN MCDONALD

Some Rhode Islanders have learned from past storms, but most simply...

(Editor’s note: This is the final installment in a three-part series exploring Rhode Island’s vulnerability to coastal flooding and what businesses, property owners and...
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