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Citizens is closing 15 branches in six states, one in R.I.

PROVIDENCE – A standalone Citizens Bank branch at 275 Newport Ave. in East Providence is among the 15 branches Citizens Financial Group Inc. is...

Home Loan Investment Bank to open Providence branch

PROVIDENCE – A Warwick bank that specializes in home and auto loans is branching out into Providence, according to filings with the U.S. Office...

Bank of America adds North Smithfield branch to list of local...

PROVIDENCE – Bank of America Corp. continues to shutter branches throughout Rhode Island, with its North Smithfield location the latest on the chopping block. The...

BofA to open new Thayer Street branch, close Cumberland and Pawtucket...

PROVIDENCE – Bank of America Corp. is expanding its presence on the East Side while simultaneously shuttering two other state branches, according to filings...

Local TD Bank branches spared from mass closures

PROVIDENCE – Local branches of TD Bank appear to be safe from recently disclosed plans to shutter 81 retail branches across the Eastern seaboard,...

3 R.I. banks score highly in efforts to serve low-income...

PROVIDENCE – The federal Office of the Comptroller of the Currency announced performance evaluations of 32 national banks’ efforts to honor the terms of...
THE FEDERAL DEPOSIT Insurance Corp. and the Office of the Comptroller of the Currency recently issued a joint proposal that would reduce the standard settlement cycle for securities purchased or sold by national banks, federal savings associations and FDIC-backed institutions to two days from the current three-day cycle.

Federal agencies propose shortening settlement cycle for securities sales

WASHINGTON – Federal agencies last week proposed a new rule to shorten the settlement cycle for securities sales, which could save broker-dealers and financial...
THE OFFICE OF THE COMPTROLLER of the Currency will examine how well Santander Bank is meeting the needs of low- and moderate-income neighborhoods as part of its regular fourth-quarter schedule of Community Reinvestment Act evaluations. / BLOOMBERG FILE PHOTO/ANGEL NAVARRETE

Federal regulators to examine Santander Bank’s practices under CRA

BOSTON – Federal regulators are scheduled to examine how well Santander Bank is meeting the needs of low- and moderate-income neighborhoods, an area where...
FEDERAL AND STATE banking agencies, including the Federal Deposit Insurance Corp., have released supervisory practices related to financial institutions in impacted by Hurricane Harvey, which has reportedly devastated the Texas coast and flooded several inland areas.

Federal agencies provide guidance for financial institutions affected by Hurricane Harvey

WASHINGTON – Federal and state banking agencies released supervisory practices related to financial institutions impacted by Hurricane Harvey. The Office of the Comptroller of the...
THE OFFICE OF THE COMPTROLLER of the Currency recently reported its top concerns for the federal banking system, including strategic, credit, operational and compliance risks.

OCC details federal banking system concerns in Semiannual Risk Perspective

WASHINGTON – The Office of the Comptroller of the Currency last week reported its top concerns for the federal banking system, including strategic, credit,...
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