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President Joe Biden called the Federal Reserve’s decision to lower interest rats “good news” and says he never spoke to the Fed chairman as president.
Citizens Bank is closing 15 branches across their footprint, including one in Rhode Island.
“We’ve been on a journey at Citizens to evolve how our customers bank with us, and we continually review customer patterns to evolve and adjust branch strategy across our network,” Citizens Bank said in an emailed statement.
This round of closures follows a trend of branch closures by banking groups, like the seven branch closures by TD Bank in July.
“Pertaining to these closures, we look forward to continuing to serve customers through neighboring branches, as well as through our online and mobile banking platforms,” Citizens said in the statement.
Citizens is closing one branch in Rhode Island, the Rumford location at 275 Newport Ave.
The spokesperson also said that this branch, and the other 14 branches, will close in January 2025.
“We also remain committed our branch network, with plans to add standalone branches over the next several years, in addition to continuing our investment in digital and mobile capabilities,” Citizens said in the statement.
After this closure, Citizens will have 51 branches in the Rhode Island, according to their website.
Rin Velasco is a trending reporter. She can be reached at rvelasco@gannett.com.
CUMBERLAND, R.I. (WPRI) — Rhode Island State Police are investigating a crash that happened on I-295 North in Cumberland Tuesday night.
The crash happened in the right lane near Exit 22 just before 9 p.m.
It’s unclear exactly what caused the crash or if anyone was injured.
12 News has reached out to Rhode Island State Police for more information but has not heard back.
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Scandals shake up Capitol Hill ahead of midterm elections
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Rhode Island’s Democrat and Republican primary elections will officially be held on Wednesday, Sept. 9 this year, instead of the usual Tuesday election day.
Lawmakers passed the bill at the urging of state and local officials, who were concerned that an election day falling the day after Labor Day would not give them enough time to set up polls for the arrival of voters.
Gov. Dan McKee signed the bill on April 20, officially moving the primary day for 2026.
Which races will be on the ballot? The Republican and Democrat nominees for a swath of local offices – most notably governor but also lieutenant governor and attorney general.
At a hearing on the bill earlier this year, Randy Rossi, executive director of the Rhode Island League of Cities and Towns explained the “significant logistical and financial challenges” municipalities otherwise would have faced having an election the day after Labor Day.
“Beyond cost, municipalities face serious logistical challenges accessing and setting up more than 430 polling locations on a major federal holiday, a process that often requires many hours and access to facilities that are typically closed and unstaffed on Labor Day,” he said.
“Compounding these challenges, many municipalities conduct early voting in city or town halls that must also serve as primary day polling locations,” Rossi noted.
Without changes to current law, he said, “municipalities would be required to conduct early voting and primary day polling simultaneously, often in the same limited space and with the same poll workers, requiring additional staffing and facilities.”
By the time this legislative hearing took place in January, other states facing similar issues, including Massachusetts, had already adjusted their primary dates, “and Rhode Island itself has demonstrated that alternative scheduling can be successful, as occurred during the statewide Wednesday primary in 2018,” Rossi said.
EAST GREENWICH, R.I. (WPRI) — If you’re looking to satisfy you’re sweet tooth, look no further than Division Street.
Nothing Bundt Cakes opened its first Rhode Island bakery in East Greenwich earlier this month. The new bakery is situated within East Greenwich Square, which is also home to the Ocean State’s first Crumbl.
The bakery is known for its handcrafted specialty Bundt cakes, as well as smaller “Bundtlets,” and bite-sized “Bundtinis,” that come in a variety of flavors.
“There’s a strong sense of local pride, creativity, and community here that aligns perfectly with our values,” said Jake Williams, who owns the East Greenwich bakery. “We were drawn to the area’s vibrant small business culture and the opportunity to contribute something special.”
Nothing Bundt Cakes is also expected to open another bakery at Chapel View in Cranston later this year.
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