The New England Advantage: Innovative,
Nimble and Excelling Together

As an active Corporate Banking partner, we are sensitive to the economic dynamics affecting the New England region. To support our clients’ success, we monitor unemployment and real estate indices, enabling timely insights into market movement. In addition, given the New England region’s focus in financial and professional services, life sciences, technology and manufacturing, we stay appraised of venture capital funding and college graduate trends to inform our range of vertical expertise.

We invite you to click the map below for our regional insights and connect with a Regional Executive to discuss the specific needs of your company.

REGIONAL INSIGHTS

Rhode Island

Regional Executives

Marc Paulhus
Rhode Island State President
401.282.7390
marc.paulhus@citizensbank.com

Keith Kelly
Sr. Vice President & Market Manager
401.282.7337
keith.d.kelly@citizensbank.com

Perspective:

The Ocean State Is Poised to Capitalize on Rising Economic Tides

Massachusetts

Regional Executives

Greg Buscone
Sr. Vice President & Market Manager
617.994.7082
gregory.buscone@citizensbank.com

Dan Gillette
Sr. Vice President & Market Director,
MA, NH & VT
781.565.2235
dan.gillette@citizensbank.com

Perspectives:

Northern New England

Regional Executive

Dan Gillette
Sr. Vice President & Market Director,
MA, NH, VT
781.565.2235
dan.gillette@citizensbank.com

Perspective:

The Hidden Potential of Northern New England’s Econonmy

Northern New England

Regional Executive

Rick DiDonato
Managing Director, Corporate Finance
207.653.6555
rick.didonato@citizensbank.com

Perspective:

The Hidden Potential of Northern New England’s Econonmy

Northern New England

Regional Executive

Dan Gillette
Sr. Vice President & Market Director,
MA, NH & VT
781.565.2235
dan.gillette@citizensbank.com

Perspective:

The Hidden Potential of Northern New England’s Econonmy

Connecticut

Regional Executive

Lisa Maass
Sr. Vice President & Team Leader
203.821.2400
lisa.maass@citizensbank.com

Perspective:

Yankee Ingenuity: Rebounding From Recession Becomes An Economic Transformation

Connecticut

Unemployment rate1: 5.3% (national avg. 5.1%)

RE index2: $237,400 (national avg. $180,800))

Venture capital funding3: 16th in the nation

College graduates4: 45.9% (national avg. 39.3%)

Rhode Island

Unemployment rate1: 5.6% (national avg. 5.1%)

RE index2: $224,400 (national avg. $180,800)

Venture capital funding3: 40th in the nation

College graduates4: 42.5% (national avg. 39.3%)

Massachusetts

Unemployment rate1: 4.7% (national avg. 5.1%)

RE index2: $335,000 (national avg. $180,800)

Venture capital funding3: 3rd in the nation

College graduates4: 53.3% (national avg. 39.3%)

Maine

Unemployment rate1: 4.5% (national avg. 5.1%)

RE index2: $122,000 (national avg. $180,800)

Venture capital funding3: 35th in the nation

College graduates4: 37.2% (national avg. 39.3%)

New Hampshire

Unemployment rate1: 3.6% (national avg. 5.1%)

RE index2: $222,600 (national avg. $180,800)

Venture capital funding3: 20th in the nation

College graduates4: 46.0% (national avg. 39.3%)

Vermont

Unemployment rate1: 3.6% (national avg. 5.1%)

RE index2: $218,800 (national avg. $180,800)

Venture capital funding3: 37th in the nation

College graduates4: 44.5% (national avg. 39.3%)

1. Bureau of Labor Statistics, August 2015
2. Real Estate Value Index, Zillow.com, August 2015
3. National Venture Capital Association and PricewaterhouseCoopers Moneytree Survey, 2015
4. U.S. Census Bureau, 2010

PERSPECTIVES

MANUFACTURING IN METRO BOSTON IS…GROWING. YES, GROWING

Advanced manufacturing – associated with vast plants and equipment – could be overlooked as a thriving industry in Boston’s urban economy. But, it is actually one of the region’s top three industries. With a highly skilled workforce, a cluster of the nation’s top colleges and universities, and access to receptive venture capital, Metro Boston is the perfect place for modern manufacturing to thrive.

Download now for further insight into how Boston’s history of innovation extends to a booming manufacturing sector and learn which companies are making meaningful contributions.

YANKEE INGENUITY: REBOUNDING FROM RECESSION BECOMES AN ECONOMIC TRANSFORMATION

A costly business environment may have slowed Connecticut’s recovery from the Great Recession, but a wave of innovation and business friendly policies are coming together to generate a positive outlook. Advances in manufacturing, engineering, bioscience and allied health are driving what is known as the “New Economy”, leading to an influx of growing companies and increased global reach.

Download now to learn about the outlook for Connecticut and the industries pushing the state into the future.

THE HIDDEN POTENTIAL IN NORTHERN NEW ENGLAND’S ECONOMY

Historically, the states of Northern New England have been known for their billion-dollar tourism industries and linkage to the Massachusetts economy. Learn how New Hampshire’s low-cost business environment and leadership in technology manufacturing, Maine’s health and biotech concentration, and Vermont’s growing entrepreneurial and professionals sectors are driving significant transformations and signaling economic independence.

Download now for more on the economic factors powering growth in Northern New England.

THE OCEAN STATE IS POISED TO CAPITALIZE ON RISING ECONOMIC TIDES

The re-energizing economy of the nation’s smallest state has created a number of promising sectors in Rhode Island, establishing a strong infrastructure to support long-term growth. Reacting to this development, a number of industries and companies are expanding within the Ocean State.

Download now for further insight into how Rhode Island’s economy is improving and growing.

MANUFACTURING AND LIFE SCIENCES FUEL GROWTH WEST OF BOSTON

With a legacy in manufacturing, a strong educational infrastructure and a growing reputation as a medical research hub, the Central and Western Massachusetts region offers a foundation for economic expansion. Buoyed by Boston capital investment and innovation excellence, the Central and Western Massachusetts region is coming into its own and becoming a significant contributor to state growth.

Download now for insights into in how the Central and Western Massachusetts economy is uniquely geared to expand.

CONTACT US

To speak with us about your company’s commercial banking needs and goals, please contact your Regional Executive.

Massachusetts and Northern New England

Greg Buscone
Senior Vice President & Market Manager, Massachusetts
617.994.7082
gregory.buscone@citizensbank.com
Connect with me on LinkedIn

Rick DiDonato
Managing Director, Corporate Finance
207.653.6555
rick.didonato@citizensbank.com
Connect with me on LinkedIn

Dan Gillette
Senior Vice President & Market Director,
Massachusetts, New Hampshire & Vermont
781.565.2235
dan.gillette@citizensbank.com
Connect with me on LinkedIn

Rhode Island

Marc Paulhus
Rhode Island State President
401.282.7390
marc.paulhus@citizensbank.com
Connect with me on LinkedIn

Keith Kelly
Senior Vice President & Market Manager, Rhode Island
401.282.7337
keith.d.kelly@citizensbank.com
Connect with me on LinkedIn

Connecticut

Lisa Maass
Senior Vice President & Team Leader, Connecticut
203.821.2400
lisa.maass@citizensbank.com

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