Business Information
The group's principal activities are to provide commercial banking services to individuals and small to mid-sized businesses in Rhode Island. The group accepts demand deposits, now accounts, money market accounts, savings accounts and certificate of deposit accounts. The deposits are insured by the federal deposit insurance corporation. Loans comprise of commercial real estate and multi-family loans, non-real estate commercial loans, small business loans, construction loans, residential mortgage loans and consumer lines of credit. The group also offers non-deposit investment products, online banking services, automated teller machines, debit cards and related products and services. Its subsidiary, bri investment corp, manages and maintains intangible investments and the collection and distribution of the income from such investments. The group operates through thirteen full service branches with nine located in the providence county and four in the kent county.
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Name |
Title
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Email
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Malcolm Chace | Chmn. | N/A | James Derentis | Chief Business Officer | N/A | Linda Simmons | CFO, Treasurer | Available | Anthony Andrade | Dir. | N/A | Bogdan Nowak | Dir. | N/A |
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Year |
Sales |
Net Income |
2006 | 91,049 | 7,711 | 2005 | 78,794 | 9,569 | 2004 | 66,560 | 8,614
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