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The bank was founded by local business and civic leaders, textile manufacturer John Greene and surgeon Sylvester Knight. In 1865, the bank became a national bank, Centreville National Bank. In 1888, Centreville Savings Bank was founded. [1] On April 25, 1901, the bank moved to the Jericho section of Warwick (now known as Arctic).
The bank was renamed the Bank of America Loan and Trust Company in 1890 and the Union Trust Company in 1894. In 1900 Perry succeeded Hayward as president, and in 1901 he inaugurated the bank's new building. Perry was a monopolist and rapidly consolidated several other Providence banks into his own.
The Merchants Bank Building is a historic commercial building at 32 Westminster Street in downtown Providence, Rhode Island. It is a six-story brownstone structure, designed by Alpheus C. Morse and Clifton A. Hall and built in 1855–1857. When built, this Italianate structure was one of the first buildings of Providence's financial district ...
Citizens is integral to Rhode Island's economy, serving over 200,000 residents and over 30,000 small businesses." This article originally appeared on The Providence Journal: Is Citizens Bank ...
Old Stone Bank was a popular Rhode Island banking institution that was founded in Providence in 1819 as a mutual savings bank that was called Providence Institution for Savings. [ 1 ] The savings bank was the fourth largest bank in Rhode Island [ 2 ] when it was declared insolvent by the Office of Thrift Supervision on January 29, 1993.
The number of bankruptcies in the state increased by 62% between 1990 and 1991. [14] The Rhode Island Community Food Bank had to distribute 30% more food than it did in 1990, totaling four million pounds. [26] Some businesses tried to adapt with an eye towards the crisis' resolution.
The Rhode Island Hospital Trust was a banking institution founded in 1867 to manage the financial affairs of Rhode Island Hospital, founded in 1863. [2] Over time it grew to become a significant local commercial bank, and was acquired by Bank of Boston in 1985. In 2005, the Rhode Island School of Design purchased the building for $47 Million. [3]
Blue Cross and Blue Shield of Rhode Island Headquarters; General information; Location: Providence, RI 02903, United States: Construction started: 2008: Completed: 2009: Height; Roof: 237 ft (72 m) Technical details; Floor count: 13: Floor area: 325,000 sq ft (30,200 m 2) Design and construction; Architect(s) Symmes Maini & McKee Associates