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OPENING THE DOOR: Frederick Reinhardt, CEO and president of Greenwood Credit Union, says the Warwick credit union started providing services to cannabis-related businesses in part because of safety concerns over operating a large all-cash enterprise. / PBN PHOTO/MICHAEL SALERNO

Lack of banking hinders R.I.’s cannabis sector

The cannabis industry may be expanding in Rhode Island, but these types of businesses still struggle to find financial institutions that will provide financing...

People’s Credit Union reports record 2020 earnings

MIDDLETOWN – People’s Credit Union brought in a record $4.9 million in income in 2020, according to an annual report published in May. The 2020...

People’s Credit Union earns top rating from BauerFinancial Inc.

MIDDLETOWN – People’s Credit Union recently received a five-star rating from BauerFinancial Inc., according to a news release. The top rating from the financial ratings...

People’s Credit Union donates $10K to Newport Boys & Girls Club

MIDDLETOWN – People’s Credit Union recently donated $10,000 to the Boys & Girls Club of Newport County, according to a news release. The donation will...

People’s Credit Union partners with Swipe for a Cause

MIDDLETOWN – Credit card transactions made at People’s Credit Union will now benefit local charities, thanks to the credit union’s new partnership with Swipe...

SBA: Citizens, BankNewport top list of lenders to R.I. small...

PROVIDENCE – Citizens Bank was the top lender to Rhode Island small businesses through the U.S. Small Business Administration’s 7a loan program from Oct....

Magaziner highlights BankLOCAL success

PROVIDENCE – Rhode Island’s BankLOCAL program has offered 348 small-business loans and moved $37.5 million in cash deposits to state banks and credit unions...

People’s Credit Union donates $1,000 to Bristol Warren Education Foundation

MIDDLETOWN – People’s Credit Union donated $1,000 to the Bristol Warren Education Foundation, according to a news release. The donation to the community-based education organization...

People’s Credit Union dresses down to raise money

MIDDLETOWN – People’s Credit Union employees recently replaced their usual office attire with casual clothes in order to raise money for Kiwanis Club of...
SEAN DALY has assumed the role of CEO and president of People’s Credit Union. / COURTESY PEOPLE’S CREDIT UNION

Daly appointed CEO and president of People’s Credit Union

MIDDLETOWN – Sean Daly has been appointed CEO and president of People’s Credit Union, inheriting the role on Nov. 8 from Ellen Ford, who...

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