BIGGER…. BUT BETTER?: Recent bank consolidations bring scale, but may come with a cost
Posted
Matthew McNulty (via Providence Business News)
The names changed quickly in Rhode Island banking. Signs and logos of new entrants replaced the names of financial institutions. All within a year. Bank Rhode Island became part of Beacon Bank in September 2025. A month later, HarborOne Bank was folded into Eastern Bank. And in August, Webster Bank became a division of Santander […]
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Banco Santander S.A.,
Bank Of America Corp.,
Bank Rhode Island,
BankNewport,
Beacon Bank,
Beacon Bank & Trust,
Beacon Financial Corp.,
Berkshire Bank,
Brookline Bank,
Bryant University,
Centreville Bank,
Citigroup,
Citizens Financial Group Inc.,
Cnbc,
Eastern Bank,
Edinaldo Tebaldi,
Edward O. "Ned" Handy III,
Element2 Consulting Group Llc,
Federal Deposit Insurance Corp.,
HarborOne Bank,
HarborOne Mortgage,
John R. Ciulla,
Kathleen C. Orovitz,
Leland R. Merrill,
Lisa Fabian,
Navigant Credit Union,
Ocean Community Chamber Of Commerce,
PCSB Bank,
Putnam Bank,
Quincy Miller,
Rocco Giusti,
Santander Bank,
Sterling National Bank,
Washington Trust Bancorp Inc.,
Washington Trust Co.,
Webster Bank,
Wells Fargo
