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JOHN R. CIULLA is the first CEO of Webster Bank who is not a member of the Smith family. / COURTESY WEBSTER BANK

Five Questions With: John R. Ciulla

When John R. Ciulla became CEO of Webster Bank at the beginning of 2018, he was just the third chief executive in the bank’s...
JOHN OLERIO is director and senior vice president of investment services at Webster Bank. / COURTESY WEBSTER BANK

Five Questions With: John Olerio

John Olerio is director and senior vice president of investment services at Webster Bank. He talks with Providence Business News about a new digital...
EDWARD O. Handy III is the chairman and CEO of Westerly-based Washington Trust Bancorp Inc., the second largest Rhode Island-based bank. / PBN FILE PHOTO/MICHAEL SALERNO

Banks are optimistic tax reform will benefit the bottom line long-term

The Rhode Island banking community has largely celebrated the sweeping tax overhaul approved by Congress that among other things lowered the corporate tax rate...
WEBSTER BANK has launched a new online-investment platform called Guided Wealth Portfolio.

Webster Bank launches new digital-investment platform

PROVIDENCE – In a move to expand its digital services, Webster Bank has launched a new online-investment platform called Guided Wealth Portfolio. The new platform...
WEBSTER FINANCIAL CORP. is the parent company of Webster Bank, which is based in Connecticut. The company saw its 33rd consecutive quarter of year-over-year revenue growth in the fourth quarter of 2017. / PBN FILE PHOTO

Webster reports Q4, 2017 profit growth

PROVIDENCE – Webster Financial Corp. on Tuesday reported 2017 profit increased 23.3 percent to $255.4 million, or $2.67 per diluted share, compared with $207.1...
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...
WEBSTER FINANCIAL CORP., the parent company of Webster Bank reported a 24.5 profit increase year over year for the third quarter.

Webster reports 25.5% profit jump for Q3

WATERBURY, Conn. – Webster Financial Corp. on Thursday reported third-quarter profit of $64.5 million, or 67 cents per diluted share, an increase of 24.5...
WEBSTER BANK HAS modified its Fast Track Business Loan program to give qualifying small business approval of loans up to $250,000 within 24 hours of submitting an online application.

Webster Bank expedites small-business loan approval process

WATERBURY, Conn. – Webster Bank has modified a loan program to give qualifying small business approval of loans up to $250,000 within 24 hours...
NAVIGANT CREDIT UNION, headquartered in Smithfield, is one of the largest Rhode Island-based credit unions in the state. / COURTESY NAVIGANT CREDIT UNION

Navigant Credit Union to expand into Kent County

SMITHFIELD – Navigant Credit Union on Thursday announced plans to continue its intrastate expansion with the opening of two new branches in Kent County. The...

Webster reports Q2 profit totaled record $61.6M

WATERBURY, Conn. – Webster Financial Corp. on Friday reported record-breaking, second-quarter profit of $61.6 million, or 64 cents per diluted share, a 21.7 percent increased...
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