Friday, January 15, 2021

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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...

Local lenders welcome flexibility to work with borrowers under stimulus package

PROVIDENCE – Paycheck relief loans are the topic du jour when it comes to the federal stimulus package and lenders, but that’s not the...
1617 Mineral Spring Ave. (1974)OWNER: Pawtucket Credit UnionTENANT: Pawtucket Credit Union

Local lenders strapped for capacity as PPP opens to new applicants

PROVIDENCE – The initial surge in applications from small business owners clambering to get their shares of a federal payroll relief program have abated...
1617 Mineral Spring Ave. (1974)OWNER: Pawtucket Credit UnionTENANT: Pawtucket Credit Union

Local lenders scramble to process surge of SBA loan applications

PROVIDENCE – Questions continue to emerge as local lenders scramble to keep up with the flood of applications pouring in from small businesses seeking...

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