Business Spotlight: A roundup of local business news 

Business Spotlight: A roundup of local business news 

2 agents join Weichert, Realtors in Westerly

WESTERLY — Weichert, Realtors — Cress & Company, 62 Franklin St., Suites 10-11, Westerly, has announced that two agents have joined its staff. They are Amy Marshall and Paula Reid. Each Weichert franchised office is an independently owned and operated affiliate of Weichert Real Estate Affiliates Inc., Morris Plains, N.J.

SI Financial announces management changes

WILLIMANTIC— SI Financial Group Inc., the holding company for Savings Institute Bank and Trust Company, has announced that Gerald D. Coia, senior vice president and chief credit officer, will retire at the end of the year and will be succeeded by Paul R. Little, who is currently a senior vice president and chief lending officer. Additionally, Kenneth Martin, who currently serves as vice president and Rhode Island market executive, has been named chief lending officer.

Little joined the bank in 2011 as senior vice president and senior commercial loan officer, and was named chief lending officer in 2013. Martin joined the bank in May. President and CEO Rheo A. Brouillard said that the credit culture created by Coia and Little “has resulted in solid loan growth along with strong asset quality.” He said that Little and Martin’s experience would “continue to expand the commercial loan portfolio.”

Wakefield and East Greenwich Benny’s closing

EAST PROVIDENCE — The Benny’s stores in Wakefield and East Greenwich are closing at 5 p.m. Monday, Nov. 27, the company announced Friday, and the remaining inventory will be delivered to the three remaining stores. Those are in Providence, Greenville, and Taunton, Mass. The retail chain has now closed 29 of its stores this year, starting with its location in Waterford. Benny’s previously has said that all of its stores would be closed by the end of 2017.

Ribbon cutting Thursday at Mystic barbershop

MYSTIC — A ribbon cutting ceremony hosted by the Greater Mystic Chamber of Commerce will be held Thursday, Nov. 30, at 5:30 p.m. at Murphy’s Barber Shop & Social Club at 29 Broadway Ave. The small building is set back and has parking off Washington Street.

Owner Chris Thorp was a bartender in Mystic in the 1990s and then traveled around the world cutting hair at bike rallies,  most notably “Trip Out UK” and “Flanders Chopper Bash,” the Chamber said. Murphy’s is open seven days a week and offers beard trims, traditional shaves, and cuts. Call 860-287-4174 for an appointment.


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