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Five Questions With Patricia Octeau

Patricia Octeau | Executive director, Rhode Island Bankers Association1. What are your main duties? My primary duty is to manage our association, which consists...
SEEKING INVESTMENT: Inclusion in the nationwide Opportunity Zone program could mean an influx of new investment and development for regions of the state deemed low-income census tracts. Each of the 25 Rhode Island tracts, the maximum nominations allowed by each state, has a greater-than-27 percent poverty rate. Investors in the program – who could fund everything from startups and business expansions to real estate deals – will be eligible for tax benefits. / SOURCE: R.I. COMMERCE CORP.

New Opportunity Zone program could help banks meet CRA requirements

Included in the 2017 $1.5 trillion federal tax overhaul heralded by President Donald Trump and passed by Congressional Republicans was the Opportunity Zone program.Encouraging...
PBN PHOTO/MICHAEL SALERNO

Five Questions With Brian J. Murphy

Brian J. Murphy | Chairman and CEO of Home Loan Investment Bank, president of Rhode Island Bankers Association1. What are your responsibilities as...
BRIAN J. MURPHY, chairman and CEO of Home Loan Investment Bank, has been named the new president of the Rhode Island Bankers Association. / COURTESY RHODE ISLAND BANKERS ASSOCIATION

Rhode Island Bankers Association names Murphy new president

PROVIDENCE – The Rhode Island Bankers Association has named Brian J. Murphy the new association president.Murphy, chairman and CEO of Home Loan Investment Bank,...
Anthony Botelho

Five Questions With: Anthony Botelho

Anthony Botelho is president of the Rhode Island Bankers Association.Botelho was one of the voices featured in last week’s cover story about Rhode Island...
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