20 banks in Rhode Island ranked by our TFS Financial Health Grade. Scores based on capital adequacy, asset quality, earnings, and consumer protection data.
| Rank | Institution | Assets | Grade |
|---|---|---|---|
| 1 | Citizens Bank, National Association | $232.5B | B |
| 2 | CRANSTON MUNICIPAL EMPLOYEES | $78.6M | B- |
| 3 | Centreville Bank | $3.2B | B- |
| 4 | PAWTUCKET MUNICIPAL EMPLOYEES | $6.0M | B- |
| 5 | GREENWOOD | $924.8M | B- |
| 6 | The Washington Trust Company, of Westerly | $6.6B | C+ |
| 7 | NAVIGANT | $4.2B | C+ |
| 8 | BankNewport | $3.1B | C+ |
| 9 | WESTERLY COMMUNITY | $511.4M | C |
| 10 | COMMUNITY & TEACHERS | $30.8M | C |
| 11 | WAVE | $155.0M | C |
| 12 | RHODE ISLAND | $426.8M | C- |
| 13 | CUMBERLAND MUNICIPAL EMPLOYEES | $9.1M | C- |
| 14 | Shoreham Bank | $534.8M | C- |
| 15 | NATCO EMPLOYEES | $201.4K | C- |
| 16 | OCEAN STATE | $351.3M | D+ |
| 17 | COASTAL1 | $3.5B | D+ |
| 18 | THE PEOPLES | $801.9M | D+ |
| 19 | BLACKSTONE RIVER | $75.3M | D+ |
| 20 | Independence Bank | $13.7M | D+ |
Rankings based on TFS Financial Health Grades, calculated from FDIC quarterly financial data. Scores reflect capital adequacy, asset quality, earnings, liquidity, growth, and consumer protection metrics.Learn about our methodology