6 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 | $225.9B | C |
| 2 | BankNewport | $3.0B | C- |
| 3 | Shoreham Bank | $481.2M | D+ |
| 4 | The Washington Trust Company, of Westerly | $6.6B | D+ |
| 5 | Centreville Bank | $3.0B | D- |
| 6 | Independence Bank | $14.2M | F |
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