Tuesday, April 20, 2021

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Pawtucket Credit Union elects Azar next CEO and president

PROVIDENCE – Brian A. Azar has been elected CEO and president of Pawtucket Credit Union, the bank announced Monday. Azar has most recently served as...
UPWARD TREND: George Charette, CEO and president of Pawtucket Credit Union, says the credit union is expecting its mortgage volume in 2021 to be higher than last year, when it booked a record $370 million in mortgage volume, as people took advantage of historically low interest rates. / PBN PHOTO/RUPERT WHITELEY

Can mortgage industry match heights of 2020?

Rock-bottom interest rates have driven the volume of mortgage originations through the roof for financial institutions, but can that level of business continue in...

Many businesses can’t meet new PPP guidelines

The newly reopened Paycheck Protection Program sought to eliminate logistical hurdles and overly restrictive rules from its prior iteration, but some say it’s still...

DBR encourages bank lobbies to limit access during ‘pause’

PROVIDENCE – As the two-week state “pause” continues, the R.I. Department of Business Regulation’s Division of Banking is recommending that financial institutions limit lobby...
PAWTUCKET CREDIT UNION is temporarily shuttering one branch and limiting lobby hours at four others amid staffing shortages caused by the pandemic. /PBN FILE PHOTO

Pawtucket Credit Union limits branch access amid staffing shortages

PAWTUCKET – Pawtucket Credit Union is temporarily shuttering one branch and limiting lobby hours at four others amid staffing shortages caused by the pandemic. In...
COURTESY AIMEE CYR

New Construction October 2020

Camp Bow Wow | 222 Grand Army of the Republic Highway, Swansea Aimee and Jason Cyr are constructing an 11,000-square-foot facility for their new Camp...

Pawtucket Credit Union offering healthy variety is key in employee well-being

Healthiest Employers of Rhode Island Awards 2020 | 2-499 EMPLOYEES 5. Pawtucket Credit Union | George Charette III, CEO and president | Number of employees:...
PROVIDENCE BUSINESS NEWS has named 21 honorees for its 2020 Healthiest Employers of Rhode Island Awards program.

PBN names 2020 Healthiest Employers honorees

PROVIDENCE – Twenty-one companies and organizations have been named as honorees in Providence Business News 2020 Healthiest Employers of Rhode Island Awards program. The companies,...
RETAIL TEAM: Amy ­Arruda, senior vice president of retail banking at Washington Trust, right, with Melanie Connelly, vice president of retail banking, at the bank’s Westerly headquarters. / PBN PHOTO/ELIZABETH GRAHAM

Deferred loans, waived fees part of pandemic response for banks

The consumer messaging of banks and credit unions through the COVID-19 pandemic has been consistent: we’re here for you. When it comes to bank fees...

R.I. financial leaders say details needed on new PPP terms

PROVIDENCE – The newly inked Paycheck Protection Program Flexibility Act offers what many consider much-needed leeway for struggling small businesses. But local financial advisers and...

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