HEADQUARTERED IN RHODE ISLAND
Rhode Island banks and credit unions
19 institutions headquartered in Rhode Island. Totals describe institutions by headquarters, not deposits held at branches in the state.
Rhode Island banks
- 5 banks headquartered in Rhode Island reported $246 billion in combined total assets for the quarter ended June 30, 2026.
- Their combined deposits were $199 billion, up 5.6% from a year earlier among institutions that reported both quarters.
- The median net interest margin was 3.31%, and the median cost of all deposits was 2.10%.
- Institutions
- 5
- Combined total assets
- $246 billion
- Combined deposits
- $199 billion
- Deposit growth, 12 months
- +5.6%
- Loan growth, 12 months
- +5.3%
- Median net interest margin
- 3.31%
- Median return on assets
- 1.01%
- Median cost of deposits
- 2.10%
What stands out
- The Washington Trust Company, of WesterlyBorrowed funding falling while the peer median holds steady
- Shoreham BankBorrowed funding rising while the peer median holds steady
- Centreville BankProblem loans rising faster than peers
Largest banks
| Institution | City | Total assets | Deposit growth | ROA |
|---|---|---|---|---|
| Citizens Bank N.A. | Providence | $233 billion | +5.6% | 1.05% |
| The Washington Trust Company, of Westerly | Westerly | $6.6 billion | +6.3% | 1.01% |
| Centreville Bank | West Warwick | $3.2 billion | +7.2% | 1.74% |
| Banknewport | Middletown | $3.1 billion | +5.4% | 0.71% |
| Shoreham Bank | Warwick | $535 million | -2.4% | 0.94% |
Rankings
- Largest banks in Rhode Island
- Fastest deposits growth in Rhode Island
- Fastest loan growth in Rhode Island
- Highest return on assets in Rhode Island
All 5 banks headquartered in Rhode Island
- Banknewport Middletown
- Centreville Bank West Warwick
- Citizens Bank N.A. Providence
- Shoreham Bank Warwick
- The Washington Trust Company, of Westerly Westerly
Rhode Island credit unions
- 14 credit unions headquartered in Rhode Island reported $11.2 billion in combined total assets for the quarter ended June 30, 2026.
- Their combined shares and deposits were $9.2 billion, up 3.9% from a year earlier among institutions that reported both quarters.
- The median net interest margin was 3.14%, and the median cost of all shares and deposits was 1.46%.
- Institutions
- 14
- Combined total assets
- $11.2 billion
- Combined shares and deposits
- $9.2 billion
- Share and deposit growth, 12 months
- +3.9%
- Loan growth, 12 months
- +4.7%
- Median net interest margin
- 3.14%
- Median return on assets
- 0.60%
- Median cost of shares and deposits
- 1.46%
What stands out
- Natco Employees Federal Credit UnionEfficiency ratio falling while the peer median rises
- Greenwood Credit UnionShare and deposit costs among the highest of similar credit unions
- Community & Teachers Federal Credit UnionAuto lending growing while the peer median shrinks
- Rhode Island Credit UnionLending absorbing more of the share base as cash falls
- Navigant Credit UnionShare and deposit costs falling faster than peers
- Coastal1 Credit UnionEfficiency ratio falling faster than peers
- Westerly Community Credit UnionAuto lending growing while the peer median shrinks
- The Peoples Credit UnionShare and deposit costs falling faster than peers
Largest credit unions
| Institution | City | Total assets | Share growth | ROA |
|---|---|---|---|---|
| Navigant Credit Union | Smithfield | $4.3 billion | +4.0% | 0.78% |
| Coastal1 Credit Union | Pawtucket | $3.5 billion | +4.0% | 0.99% |
| Greenwood Credit Union | Warwick | $957 million | +5.7% | 1.11% |
| The Peoples Credit Union | Middletown | $811 million | +3.1% | 0.30% |
| Westerly Community Credit Union | Wakefield | $520 million | +2.1% | 0.90% |
| Rhode Island Credit Union | Warwick | $425 million | +1.5% | 0.39% |
| Ocean State Credit Union | Coventry | $351 million | +5.2% | -0.05% |
| Wave Federal Credit Union | Warwick | $157 million | +6.5% | 0.35% |
| Cranston Municipal Employees Credit Union | Cranston | $79.8 million | +2.7% | -0.50% |
| Blackstone River Federal Credit Union | Woonsocket | $75.1 million | +3.8% | 1.26% |
| Community & Teachers Federal Credit Union | East Providence | $30.3 million | -3.9% | 0.42% |
| Cumberland Municipal Employees Federal Credit Union | Cumberland | $9.2 million | +6.5% | 0.36% |
| Pawtucket Municipal Employees Federal Credit Union | Pawtucket | $6.2 million | +0.1% | 0.77% |
| Natco Employees Federal Credit Union | West Warwick | $207,909 | +2.5% | 2.19% |
Rankings
- Largest credit unions in Rhode Island
- Fastest shares and deposits growth in Rhode Island
- Fastest loan growth in Rhode Island
- Highest return on assets in Rhode Island
All 14 credit unions headquartered in Rhode Island
- Blackstone River Federal Credit Union Woonsocket
- Coastal1 Credit Union Pawtucket
- Community & Teachers Federal Credit Union East Providence
- Cranston Municipal Employees Credit Union Cranston
- Cumberland Municipal Employees Federal Credit Union Cumberland
- Greenwood Credit Union Warwick
- Natco Employees Federal Credit Union West Warwick
- Navigant Credit Union Smithfield
- Ocean State Credit Union Coventry
- Pawtucket Municipal Employees Federal Credit Union Pawtucket
- Rhode Island Credit Union Warwick
- The Peoples Credit Union Middletown
- Wave Federal Credit Union Warwick
- Westerly Community Credit Union Wakefield