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EXPANDING: Home Loan Investment Bank recently opened two new lending offices, in Warwick and Providence. Above, foreground, Kevin Roche, vice president, speaks with Tania Krouse, mortgage adviser, while John Casey, background left, mortgage banker, consults with Brian J. Murphy, chairman and CEO. / PBN PHOTO/MICHAEL SALERNO

Small banks, credit unions still finding value in opening new branches

When was the last time you went to the bank?If you can’t remember, you’re not alone. Waiting in line for the bank teller is...
THE RHODE ISLAND Business Group on Health has been recognized by the American Board of Internal Medicine and Consumer Reports magazine for its successful promotion of the Choosing Wisely initiative, which seeks to advance a national dialogue to avoid wasteful medical tests and procedures.

RIBGH recognized in special report on Choosing Wisely campaign

PROVIDENCE – The American Board of Internal Medicine and Consumer Reports magazine have recognized the Rhode Island Business Group on Health for its successful...
THE WASHINGTON TRUST CO. executives celebrate the opening of its new Coventry branch during a ribbon-cutting ceremony with elected officials. /COURTESY WASHINGTON TRUST

Washington Trust celebrates new Coventry branch, makes $22.5M loan

COVENTRY – The Washington Trust Co. last week celebrated the grand opening of its newest location in Coventry, and made a multimillion-dollar loan for...
JOSEPH J. MARCAURELE, chairman and CEO of Washington Trust Bancorp Inc., the Westerly-based parent of The Washington Trust Co., will retire this winter. He will be succeeded by president and chief operating officer Edward O. "Ned" Handy III. / COURTESY WASHINGTON TRUST BANCORP

Washington Trust announces senior management promotions

WESTERLY – Following major news that its CEO and chief financial officer would retire this winter, Washington Trust Bancorp Inc. has announced several senior-management...
CITIZENS BANK MAINTAINED its status as the bank with the largest percentage of deposits in the region, according to the latest FDIC data. /PBN FILE PHOTO/NICOLE DOTZENROD

Citizens Bank grows share of deposits in the region

PROVIDENCE –Citizens Bank N.A. cemented its position as the bank in the region with the highest market share of deposits on June 30, according...
JOSEPH J. MARCAURELE IS chairman and CEO of Washington Trust Bancorp Inc., parent of The Washington Trust Co. in Westerly, which reported third-quarter profit of $13 million on Monday. / COURTESY WASHINGTON TRUST BANCORP

Washington Trust 3Q profit rises 5% to $13M

WESTERLY – Washington Trust Bancorp Inc., the parent company of The Washington Trust Co., reported third-quarter net income of $13 million Monday, a 5.2...
TRENDING UPWARD: Washington Trust Co. Chairman and CEO Joseph J. MarcAurele, left, was succeeded by former Chief Operating Officer and President Edward "Ned" O. Handy III. MarcAurele led the bank to multiple years of year-over-year profitability growth since becoming CEO in 2010. / COURTESY WASHINGTON TRUST

Washington Trust CEO, CFO to retire

WESTERLY – There’s a changing of the guard planned this winter for Washington Trust Bancorp Inc., as long-time Chairman and CEO Joseph J. MarcAurele...
JEFFREY E. MOYNIHAN has been hired as a private mortgage banker at The Washington Trust Co. / COURTESY THE WASHINGTON TRUST CO.

Washington Trust adds Moynihan to private mortgage banking team

WESTERLY – The Washington Trust Co. looks to continue to bolster mortgage banking in the Massachusetts area and last week announced the hiring of...
GENERAL TREASURER Seth Magaziner, left, celebrates moving $15 million in state deposits to local banks and credit unions at Budare Grille in Central Falls in August./ COURTESY R.I OFFICE OF THE GENERAL TREASURER

Rhode Island moves $15M in deposits to local banks, credit unions

PROVIDENCE –  The state has moved $15 million in deposits to local banks and credit unions as part of an initiative to spur small-business...
WASHINGTON TRUST provided $1.9 million to finance the construction of a new Family Dollar retail store in Providence.

Washington Trust provides $1.9M for new Family Dollar in Providence

PROVIDENCE – The Washington Trust Co. last week announced it recently provided $1.9 million to finance the construction of a new Family Dollar retail...
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A summit on the topics of diversity and inclusion will be held at the start of the awards program. Attendees will learn from experts during a discussion of best practices. For details, including the list of winners, panelists and ticket information, click below.

Wednesday December 5, 2018

Crowne Plaza, Warwick
8am–11am