CENTRAL FALLS, R.I. - (11/02/050 -- Credit Union Central Falls hasagreed to donate $50,000 to the $2 million renovation of the100-year-old Ralph J. Holden Community Center. Credit unionofficials were on hand earlier this week to present a $10,000 checkas the first installment of the pledge to kick-off the fundraisingdrive. The facility houses a pool, locker rooms, basketball court,weight room, game room, senior meal site and Channel One -- CentralFalls, the city's social services department.
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Each year, American Banker chooses five teams that embody the spirit of collaboration and illustrate how teamwork can have a substantial impact on a bank's top and bottom lines.
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The goal of the regional banking team members is to partner across their respective business lines or service areas to bring in more clients to BofA and to better serve existing clients.
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Led by chief SBA lending officer Anna Chung, the team oversees Hanmi's Small Business Administration lending operation, a longstanding component of the $7.8 billion-asset company's business model.
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Led by Jennifer Warren, who serves as the head of Wilmington Trust, the teamwork resulted in over $2 billion in revenue expansion for the institutional client services division.
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The bank launched Business Essentials, a bundled suite of banking and payment services, following more than a year of development by a cross-functional team from business banking, branch and small business banking, payments, sales and technology teams.
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Since the completion of the One Ally project in the first half of 2025, the bank reported 10.5% net deposit growth from customers who initially were not deposit holders.
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