Bank Rhode Island

Review, Rates and contact information

Bank Rhode Island

About

Bank Rhode Island, a proud Rhode Island-based institution, is dedicated to serving the people, businesses, and organizations across the state with a comprehensive range of financial products and services. From checking accounts and mobile banking to mortgages, investment services, and lending solutions, the bank customizes its offerings to help clients achieve their financial goals. The commitment to providing personalized customer service is a key focus at Bank Rhode Island. Headquartered in Providence, Bank Rhode Island operates as a full-service financial institution and commercial bank. It offers a complete suite of banking products and services to cater to both business and personal banking needs. The bank’s commercial lending team possesses expertise not commonly found in institutions of its size, capable of arranging financing ranging from under $250,000 to over $10 million. Bank Rhode Island takes pride in its commitment to the community, engaging in charitable donations and maintaining a robust employee volunteer program. The bank’s extensive business services encompass cash management, client escrow services, international banking, leasing services, various business checking accounts, and Deposit XPress services. With 22 conveniently located branches throughout Providence, Kent, Washington, and Newport Counties, Bank Rhode Island ensures accessibility for its customers. The bank’s participation in the SUM Program allows clients surcharge-free access to thousands of SUM ATMs throughout New England, enhancing convenience for its clientele.

6 contacts were found in LoanBase's database

Offered Loan Program Types

Rehab/Construction/Renovation, SBA, Permanent/Long Term, New Construction/Ground-Up Construction

Property Types

Retail, Office, Industrial, Multi-Family

Loan Amount

$30K - $15M

Time to close

30-60 days

Primary Areas Served

NY

Max LTV

85%

Origination Fee

1.00%

Specialty

Single Tenant Mixed-use Owner Occupied Storage Student housing Townhome Transportation Warehouse Manufacturing Facilities

recently closed deals

Loan date

Loan Amount

Property Subtype

Address

ZIP

8/17/2023
$206,780
Residential
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Loan date

8/17/2023

Loan Amount

$206,780

Property Subtype

Residential

Address

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To view all recent closed deals with full address

8/15/2023
$108,640
Residential
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Loan date

8/15/2023

Loan Amount

$108,640

Property Subtype

Residential

Address

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8/14/2023
$149,870
Residential
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Loan date

8/14/2023

Loan Amount

$149,870

Property Subtype

Residential

Address

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8/14/2023
$670,500
Residential
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Loan date

8/14/2023

Loan Amount

$670,500

Property Subtype

Residential

Address

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8/10/2023
$200,000
Condominium
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Loan date

8/10/2023

Loan Amount

$200,000

Property Subtype

Condominium

Address

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8/8/2023
$208,000
Residential
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Loan date

8/8/2023

Loan Amount

$208,000

Property Subtype

Residential

Address

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8/8/2023
$546,500
Single Family Residence
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Loan date

8/8/2023

Loan Amount

$546,500

Property Subtype

Single Family Residence

Address

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8/4/2023
$247,350
Residential
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Loan date

8/4/2023

Loan Amount

$247,350

Property Subtype

Residential

Address

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8/3/2023
$190,000
Condominium
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Loan date

8/3/2023

Loan Amount

$190,000

Property Subtype

Condominium

Address

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8/3/2023
$440,300
Single Family Residence
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Loan date

8/3/2023

Loan Amount

$440,300

Property Subtype

Single Family Residence

Address

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8/1/2023
$193,907
Residential
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Loan date

8/1/2023

Loan Amount

$193,907

Property Subtype

Residential

Address

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8/1/2023
$560,000
Residential
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Loan date

8/1/2023

Loan Amount

$560,000

Property Subtype

Residential

Address

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7/26/2194
$675,171
Industrial
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Loan date

7/26/2194

Loan Amount

$675,171

Property Subtype

Industrial

Address

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