Friday, August 12, 2022

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PCU hits ‘go’ on name change to Coastal1

PAWTUCKET – Goodbye Pawtucket Credit Union, hello Coastal1 Credit Union. The local credit union has officially changed its name as of May 18, according to...

Five Questions With: Timothy Jermain

Timothy Jermain serves as chief operating officer for Pawtucket Credit Union, which recently announced plans to change its name to Coastal1 Credit Union to...

Pawtucket Credit Union rebrands as Coastal1

PAWTUCKET – A familiar figure in the Rhode Island finance industry is rebranding with a new name to reflect its growing regional presence. Pawtucket Credit...

Pawtucket Credit Union opens first Providence branch

PROVIDENCE – Pawtucket Credit Union recently opened a new branch in Providence’s Wayland Square, marking its first foray into the capital city. The location at...

Pawtucket Credit Union challenges employees to step up their fitness

PBN 2021 HEALTHIEST EMPLOYERS AWARDS 15-499 EMPLOYEES: 4. Pawtucket Credit Union CEO (or equivalent): Brian Azar, CEO and president Number of employees: 263 Pawtucket Credit Union took its...
CASH FLOW: Russell Morrill of Westerly uses an ATM at The Washington Trust Co. branch in Westerly recently. Banks and credit unions are expecting to see a decline in the size of deposits as the COVID-19 crisis passes. / PBN PHOTO/ELIZABETH GRAHAM

As new deposits slow, bank strategies evolve

The billions of dollars doled out in forgivable small-business loans and personal stimulus checks made their way to recipients through their bank accounts. The result:...

Five Questions With: Brian Azar

Brian Azar was recently named CEO and president of Pawtucket Credit Union following former President George Charette’s retirement. Azar previously served as executive vice...

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...

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