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 name | All State | Bank type | |
|---|---|---|---|
| The Capital Good Fund | All State | CDFI | |
| Rhode Island Housing and Mortgage Finance Corporation | All State | CDFI | |
| Women's Development Corporation | All State | CDFI | |
| Admirals Bank | Newport county | Federally-chartered financial institution | |
| Bank of America | Providence, Kent, Washington, and Bristol counties | National bank | |
| BankFive | Washington and Newport counties | Community bank | |
| BankNewport | Providence, Kent, Washington, and Bristol counties | Commercial bank | |
| * | Bank Rhode Island | Providence, Kent, Washington, Newport, and Bristol counties | Commercial bank |
| BayCoast Bank | Providence, Kent, Washington, Newport, and Bristol counties | Community bank | |
| Berkshire Bank | Washington and Newport counties | National bank | |
| BNY Mellon | Newport county | Corporate investment banking company | |
| * | Bristol County Savings Bank | Providence, Kent, Washington, and Bristol counties | Community bank |
| Centreville Bank | Providence, Kent, Washington, and Bristol counties | Commercial bank | |
| Charles Schwab | Providence and Newport counties | Commercial bank | |
| Chase Bank | Providence, Kent, and Washington counties | National bank | |
| * | Citizens Bank | Providence, Kent, Washington, and Bristol counties | National bank |
| Dime Bank | Washington county | Community bank | |
| * | HarborOne Bank | Providence, Kent, and Washington counties | State-chartered co-operative bank |
| Home Loan and Investment Bank, F.S.B. | Providence, and Kent counties | Community bank | |
| Independence Bank | Washington county | Community bank | |
| Milford Federal Bank | Providence county | Community bank | |
| Newport Federal Savings Bank | Providence, Kent, Washington, and Bristol counties | Savings bank | |
| Rockland Trust | Providence county | Commercial bank | |
| Santander Bank | Providence, Kent, Washington, Newport, and Bristol counties | National bank | |
| TD Bank | Providence, Kent, Washington, Newport, and Bristol counties | National bank | |
| UPS Capital Business Credit | Insurance and financial services | ||
| Washington Trust Company | Trust company | ||
| * | Webster Bank | Providence, Kent, Washington, Newport, and Bristol counties | National bank |
| Alliance Credit Union | All State | Credit union | |
| Bayside Federal Credit Union | All State | Credit union | |
| Blackstone River Federal Credit Union | All State | Credit union | |
| Chadwick Federal Credit Union | All State | Credit union | |
| Chartway Federal Credit Union | All State | Credit union | |
| Community & Teacher's Federal Credit Union | All State | Credit union | |
| Coventry Teachers Federal Credit Union | All State | Credit union | |
| Cranston Municipal Employees Credit Union | All State | Credit union | |
| Cumberland Municipal Employees Credit Union | All State | Credit union | |
| Greenwood Credit Union | All State | Credit union | |
| Navigant Credit Union | All State | Credit union | |
| Navy Federal Credit Union | All State | Credit union | |
| Pawtucket Credit Union | All State | Credit union | |
| Ocean State Credit Union | All State | Credit union | |
| People's Credit Union | All State | Credit union | |
| PGE Federal Credit Union | All State | Credit union | |
| Rhode Island Credit Union | All State | Credit union | |
| RTN Federal Credit Union | All State | Credit union | |
| Victory Finance Credit Union | All State | Credit union | |
| Wave Federal Credit Union | All State | Credit union | |
| Westerly Community Credit Union | All State | Credit union | |
| Woodlawn Federal Credit Union | All State | Credit union |
