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FUNDING SOURCES

Rhode Island Banks

Note: Many credit unions are exclusive to employees at certain companies or organizations, and they often do not provide services specific to businesses. However, they can still be a useful source of startup funding through offerings such as home equity loans. A full list of Rhode Island credit unions is available here; our list highlights credit unions open to the general public that offer business services.

The * denotes a bank recommended by SBA Lenders, for more detail click the list of small business banks for Rhode Island.

Bank nameAll StateBank type
The Capital Good FundAll StateCDFI
Rhode Island Housing and Mortgage Finance CorporationAll StateCDFI
Women's Development CorporationAll StateCDFI
Admirals BankNewport countyFederally-chartered financial institution
Bank of AmericaProvidence, Kent, Washington, and Bristol countiesNational bank
BankFiveWashington and Newport countiesCommunity bank
BankNewportProvidence, Kent, Washington, and Bristol countiesCommercial bank
*Bank Rhode IslandProvidence, Kent, Washington, Newport, and Bristol countiesCommercial bank
BayCoast BankProvidence, Kent, Washington, Newport, and Bristol countiesCommunity bank
Berkshire BankWashington and Newport countiesNational bank
BNY MellonNewport countyCorporate investment banking company
*Bristol County Savings BankProvidence, Kent, Washington, and Bristol countiesCommunity bank
Centreville BankProvidence, Kent, Washington, and Bristol countiesCommercial bank
Charles SchwabProvidence and Newport countiesCommercial bank
Chase BankProvidence, Kent, and Washington countiesNational bank
*Citizens BankProvidence, Kent, Washington, and Bristol countiesNational bank
Dime BankWashington countyCommunity bank
*HarborOne BankProvidence, Kent, and Washington countiesState-chartered co-operative bank
Home Loan and Investment Bank, F.S.B.Providence, and Kent countiesCommunity bank
Independence BankWashington countyCommunity bank
Milford Federal BankProvidence countyCommunity bank
Newport Federal Savings BankProvidence, Kent, Washington, and Bristol countiesSavings bank
Rockland TrustProvidence countyCommercial bank
Santander BankProvidence, Kent, Washington, Newport, and Bristol countiesNational bank
TD BankProvidence, Kent, Washington, Newport, and Bristol countiesNational bank
UPS Capital Business CreditInsurance and financial services
Washington Trust CompanyTrust company
*Webster BankProvidence, Kent, Washington, Newport, and Bristol countiesNational bank
Alliance Credit UnionAll StateCredit union
Bayside Federal Credit UnionAll StateCredit union
Blackstone River Federal Credit UnionAll StateCredit union
Chadwick Federal Credit UnionAll StateCredit union
Chartway Federal Credit UnionAll StateCredit union
Community & Teacher's Federal Credit UnionAll StateCredit union
Coventry Teachers Federal Credit UnionAll StateCredit union
Cranston Municipal Employees Credit UnionAll StateCredit union
Cumberland Municipal Employees Credit UnionAll StateCredit union
Greenwood Credit UnionAll StateCredit union
Navigant Credit UnionAll StateCredit union
Navy Federal Credit UnionAll StateCredit union
Pawtucket Credit UnionAll StateCredit union
Ocean State Credit UnionAll StateCredit union
People's Credit UnionAll StateCredit union
PGE Federal Credit UnionAll StateCredit union
Rhode Island Credit UnionAll StateCredit union
RTN Federal Credit UnionAll StateCredit union
Victory Finance Credit UnionAll StateCredit union
Wave Federal Credit UnionAll StateCredit union
Westerly Community Credit UnionAll StateCredit union
Woodlawn Federal Credit UnionAll StateCredit union