Company Information

Get to know Bank Rhode Island

Founded in 1844 as the Providence Institution for Savings, Bank Rhode Island (BankRI) is one of the oldest and largest community banks in its region. As a full-service financial institution, it provides a comprehensive range of products including checking and savings accounts, mortgages, personal loans, commercial lending, and cash management services. BankRI is committed to serving the local community with personalized service across its network of branches. It operates as a subsidiary of Brookline Bancorp, Inc. (NASDAQ: BRKL).

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Financial BankingPRIMARY
Financial Other Service

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Bank Rhode Island

United States

Founded in

1996 (30 Years)

Founded

Last online: No recent activity

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Markets.com

(326 reviews)

United States

2008

(18 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.