Where is Bank Rhode Island located?

Bank Rhode Island is located at One Turks Head Place, Providence, RI 02903.

How can I contact Bank Rhode Island?

You can contact Bank Rhode Island by phone at (401) 456-5000.

Bank Rhode Island

About

Community bank headquartered in Providence, Rhode Island, operating 20 branch locations and more than 30 ATMs across Rhode Island, providing comprehensive banking and financial services.

Reviews & Ratings

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SBA 7(a) Lending Analytics

SBA 7(a) Acquisition Loan Data As Of June 30, 2025

SBA Acquisition Loan Activity

Last 12 Months

1

Last 3 Years

5

YoY Growth

-50.0%

low activity

Loan Size Distribution

As Of June 30, 2025

Median

$450K

Average

$1.7M

Interest Rate Analysis

All rates shown as spread over Prime Rate

Rate Distribution

Median Rate:Prime + 0.25%

Typical Range:Prime + 0.25% - 0.25%

Min / Max:Prime + 0.25% / 0.25%

Market Comparison

This Lender

Prime + 0.25%

Market Average

Prime + 1.25%

100 bps better market

Default Rate & Risk Profile

As Of June 30, 2025 - 10-year default rate indicates underwriting quality

10-Year Default Rate

0.0%

Bottom 10% of Lenders (Highest Default Rate)

Performance Ranking

100th

Lower is better among all lenders

Geographic Loan Distribution

As Of June 30, 2025 - States by loan volume (darker blue = higher volume)

Low

Medium

High

Very High