American Banker

OCTOBER 27, 2023

Washington Trust shares plunged after the Westerly, Rhode Island, company disclosed it booked an office deal in the third quarter, boosting the size of its portfolio while other lenders are pulling back.

Rhode Island 36

Rhode Island Washington Company Community Bank 36

CFPB Monitor

OCTOBER 24, 2023

The Department of Justice (DOJ) announced a settlement agreement with Washington Trust Company, of Westerly (WTC) to resolve claims that WTC redlined majority Black and Hispanic neighborhoods in Rhode Island. for its peer lenders, and on average 46.5% for its peer lenders, and on average 46.5%

Rhode Island 158

Rhode Island Washington Community Marketing 158

American Banker

MAY 6, 2020

Prosecutors charge two Rhode Island men with trying to rip off the program; the bank says it has received “inquiries” from state and federal officials on its offering of small business loans.

Rhode Island 65

Rhode Island Fraud Digital Banking Lending 65

American Banker

FEBRUARY 9, 2020

The agency's lawsuit against the Rhode Island company — the first involving a bank under Director Kathy Kraninger — has challenged assumptions about its approach to enforcement.

Rhode Island 57

Rhode Island Company Cards Lending 57

PYMNTS

AUGUST 28, 2018

It was supposed to be a strong year for lending across the board, after a stumpy 2017, which saw numbers in both consumer and commercial lending tending toward a slump. Citizens Bank , a regional player based in Rhode Island, for example, was looking for growth in its newest underwriting area — student loan refinancing.

Lending 100

Lending Taxes Rhode Island Regional 100

PYMNTS

OCTOBER 28, 2019

Consumers want affordable ways to make purchases without taking on additional credit card debt,” said Brendan Coughlin, president of consumer deposits and lending at Citizens Bank. Headquartered in Rhode Island, Citizens Bank is one of the largest and oldest financial institutions in the United States, according to its website.

Rhode Island 101

Rhode Island United States Online Retail 101

PYMNTS

OCTOBER 28, 2019

Consumers want affordable ways to make purchases without taking on additional credit card debt,” said Brendan Coughlin, president of consumer deposits and lending at Citizens Bank. Headquartered in Rhode Island, Citizens Bank is one of the largest and oldest financial institutions in the United States, according to its website.

Rhode Island 100

Rhode Island United States Online Retail 100

CB Insights

MARCH 13, 2019

valuation), Nuro ($2.7B), alternative lending startup Avant ($1.9B), AI-powered predictive sales acceleration platform InsideSales.com ($1.7B), salestech startup Afiniti ($1.6B), healthcare startup Butterfly Network ($1.3B), and data analytics company Dataminr ($1.2B). Rhode Island. Total Equity Funding ($M).

United States 78

United States Rhode Island Massachusetts Connecticut 78

CB Insights

NOVEMBER 6, 2019

Collectively, these startups have raised over $9.5B, with leading companies including lending startup Avant (Illinois, $655M in total disclosed equity funding), next-gen auto insurer Root Insurance (Ohio, $509M), restaurant finances management system Toast (Massachusetts, $503M), and small business lending startup Kabbage (Georgia, $490M).

United States 72

United States Fintech North Carolina Rhode Island 72

CB Insights

OCTOBER 26, 2017

California-based lending unicorn SoFi is the most well funded fintech company with just over $2B raised since 2011. Rhode Island. Unicorns on the map include SoFi in California, Oscar in New York, Avant in Illinois, Kabbage in Georgia, and AvidXchange in North Carolina. Click on the image below to enlarge. North Carolina.

United States 78

United States Fintech North Carolina Rhode Island 78

American Banker

APRIL 16, 2020

Some states aren't waiting on the Federal Reserve to help with the historic hits to their budgets. Instead, they're working with a lender that they have a much longer history with: Bank of America.

Lending 62

Lending America Rhode Island Hawaii 62

MyBankTracker

MAY 23, 2020

APRs are lower than predatory lending options. If you’re considering applying for a personal loan, this review will cover everything you need to know about Opploans. Designed for borrowers with bad or no credit. On-time payments can help build credit. APR is still extremely high compared to typical personal loans. Borrowing Amounts.

Rhode Island 52

Rhode Island Nebraska Alabama South Dakota 52

PYMNTS

SEPTEMBER 9, 2019

David Cicilline of Rhode Island, who serves as subcommittee chairman. Take the tech sector: You have seen a lot of innovation, but you also have platforms with network effects that lend themselves to scale.”. This is the third hearing in a series focused on larger tech firms and economic power that has been held by Rep.

Rhode Island 189

Rhode Island District of Columbia Google North Carolina 189

CFPB Monitor

SEPTEMBER 13, 2018

57, disapproving of the CFPB’s Bulletin 2013-2 regarding “Indirect Auto Lending and Compliance with the Equal Credit Opportunity Act.” The states whose AGs signed the comment letter are North Carolina, California, Illinois, Maine, Maryland, Massachusetts, Minnesota, New Jersey, New York, Oregon, Rhode Island, Vermont, and Virginia.

Rhode Island 60

Rhode Island District of Columbia North Carolina Vermont 60

CFPB Monitor

AUGUST 30, 2018

The states whose AGs signed the comment letter were North Carolina, California, Illinois, Iowa, Maine, Maryland, Massachusetts, Minnesota, New Jersey, New York, Oregon, Pennsylvania, Rhode Island, Vermont, Virginia, and Washington.

Groups 68

Groups Rhode Island District of Columbia North Carolina 68

CB Insights

NOVEMBER 9, 2017

Select VC Investors: VantagePoint Capital Partners, Lend Lease Ventures. Select VC Investors: Rhode Island Economic Development Corporation. Add it all up, including interest, and already-cash-strapped Rhode Island could be out as much as $110 million on the loans. via SFGate. Company: Better Place.

Capital 78

Capital Company San Francisco Operations 78

PYMNTS

APRIL 27, 2020

The letter was also signed by Senators Tammy Baldwin (D-Wisconsin), Richard Blumenthal (D-Connecticut), Catherine Cortez Masto (D-Nevada ), Dick Durbin (D-Illinois), Tammy Duckworth (D-Illinois), Dianne Feinstein (D-California), Mazie Hirono (D-Hawaii), Angus King (I-Maine), Patrick Leahy (D-Vermont), Edward Markey (D-Massachusetts), Jeff Merkley (D-Oregon), (..)

Rhode Island 142

Rhode Island Vermont Connecticut Minnesota 142