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Most-read stories on PBN.com, May 2025

1. Santander Bank to close 18 branches, including Atwells Ave. ­location in Providence POSTED ONLINE: MAY 9 Santander Bank N.A. announced plans to close...

Emergence of AI discussed at Greater Providence Chamber Economic Outlook Breakfast

WARWICK – Though artificial intelligence offers many benefits, Rajani Mahadevan, chief operating officer of The Beacon Mutual Insurance Co., said during Tuesday's Economic Outlook...

Providence Chamber 2025 Economic Outlook Breakfast to focus on AI

PROVIDENCE – The Greater Providence Chamber of Commerce and Santander Bank will host their annual Economic Outlook Breakfast on April 22, focusing on the...

J.D. Power ranks Rockland Trust No. 2 among New England retail...

ROCKLAND, Mass. – Rockland Trust has been named one of New England’s top banks for customer satisfaction, according to the J.D. Power 2025 U.S....
ON THE DECLINE? The estimated annual amount of overdraft fees collected by U.S. banks and credit unions has dropped from a high of nearly $12 billion in 2019 to $5.3 billion in 2023. But the Consumer Financial Protection Bureau rule would cut further into that revenue.
SOURCE: Federal Deposit Insurance Corp. data; Federal Financial Institutions Examination Council

Bankers fight to overturn rule on overdraft fees

A proposed banking regulation that one federal agency says will save Americans $5 billion a year in overdraft fees is facing strong opposition from...

Six banks that operate in R.I. get top marks from LGBTQ+...

PROVIDENCE – Six banks that have a presence in Rhode Island were among the 765 United States businesses that received the highest score on...

Banks cut prime interest rates to 7.5%, and they might stay...

PROVIDENCE – Most major banks have reduced their prime lending rates by a quarter-point, the third reduction in three months following the Federal Reserve’s...

Several regional credit unions, banks named among nation’s best by Newsweek

PROVIDENCE – Navigant Credit Union and People's Credit Union were the only financial institutions that conduct business in Rhode Island to earn a five-star...

Banks drop prime interest rates to 7.75%

PROVIDENCE – Most major banks have reduced their prime lending rates by a quarter-point recently to match the Federal Reserve's decision to cut its...

FDIC market-share report shows changes among top R.I. banks

PROVIDENCE – Citizens Bank’s longtime distinction as the state's biggest bank in terms of deposits grew by nearly $1 billion in the past year...
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